Trade – Investment

The capital city of Hanoi’s officials have announced that the total city’s revenue this year is projected to exceed the targeted revenue by 1.04 percent and increase by 15.8 percent over last year’s figure.

Construction of the Thinh Long bridge across the Ninh Co River in the northern province of Nam Dinh began on September 29th.

The final segments of Vam Cong bridge in the Mekong Delta province of Dong Thap were connected on September 29th.

Vietnam and Thailand are striving to increase bilateral trade to USD20 billion in 2020, as heard a business connectivity conference in Ho Chi Minh city on September 29th.

The Saigon Thuong Tin Commercial Joint Stock Bank in Laos (Sacombank Laos) inaugurated a branch in the Lao central province of Savannakhet on September 29th.

The consumer price index (CPI) in the southern economic hub of Ho Chi Minh city in September increased 0.9 percent from the previous month and 4.12 percent over the same period last year, reported the municipal Statistics Office on September 29th.

The second APEC Policy Partnership on Women and the Economy (PPWE 2) Meeting closed in Hue city, the central province of Thua Thien-Hue, on September 27th.

(CPV) - The second Vietbuild International Exhibition, themed: Real estate - architecture - home decoration, is being held at Saigon Exhibition and Convention Centre from September 27th to October 1st.

In the first nine months of the year, Ho Chi Minh city saw 29,921 new enterprises licensed for establishment, with a total registered capital of VND396.493 trillion, up 13% in number of enterprises and up 84.5% in registered capital over a year earlier.

(CPV) - The new factory of Spectre (a Danish company) was opened on September 28th in Northern Nam Dinh province.

President Tran Dai Quang has urged the APEC Business Advisory Council in Vietnam (ABAC Vietnam) to join hands with relevant agencies and organisations to thoroughly prepare for the APEC Economic Leaders’ Week slated for November in the central city of Da Nang.

The Mekong Delta, the largest granary of Vietnam, must work for smart and sustainable agriculture with high added values, Prime Minister Nguyen Xuan Phuc said at the end of the Conference on Sustainable and Climate-Resilient Development of the Mekong Delta held in Can Tho on September 27th.

Vietnam expects to achieve 6 percent growth in aquaculture and USD9 billion from aquatic product exports by 2020.

Inclusive growth is one of the main focuses of the new Country Partnership Framework between Vietnam and the World Bank Group (WBG) for 2017-2022 which was announced at a workshop in the Mekong Delta province of Dong Thap on September 22nd.

The State Bank of Vietnam (SBV) has approved the extension of credit growth limits for many commercial banks to support the country’s economic growth.

The first annual Microelectromechanical Systems (MEMS)/Sensors Commercialisation Workshop will be held in HCM city on November 9th to enhance public awareness of the potential for MEMS/sensor technologies to solve many of the world’s problems.

The 17th International Agriculture Trade Fair (Agroviet 2017), co-hosted by the Ministry of Agriculture and Rural Development and Vietnam Chamber of Commerce and Industry, opened in Ho Chi Minh city, on September 21st.

Vietnam jumped five grades to rank sixth on the list of the top 55 software outsourcing countries in 2017, recently released by American global management consulting firm A.T. Kearney.

The APEC Women and the Economy Forum 2017 is set to take place in Hue city from September 26th to 29th.

The Bank for Investment and Development of Vietnam (BIDV) and the Banque Pour Le Commerce Exterieur Lao Public (BCEL) have signed a comprehensive cooperation deal for the 2017-2020 period.

(CPV) - The Hai Phong Investment - Trade - Tourism Promotion Center and Viet Phat Import Export Trading Investment Joint Stock Company on September 20th inked a MoU with AEON MALL Vietnam to develop a new mall in the maritime city of Hai Phong.

(CPV) - Danish Permanent Secretary of State, Vice Minister for Energy, Utilities and Climate Mr. Thomas Egebo during his visit to Vietnam attended the opening of Grundfos’s new head office in Ho Chi Minh city.

(CPV) - The Electricity of Vietnam (EVN) and the World Bank (WB) on September 20th launched a campaign to promote the deployment of renewable energy with the installation of five solar measurement stations across the nation.

The Department of the Planning and Investment of Bac Lieu province signed a Memorandum of Understanding with the Republic of Korea-based SY group to build a solar power project in Dong Hai district.

Vietnam is working towards becoming a destination for startup businesses in the Asia-Pacific Economic Cooperation (APEC) region.

Vietnam attaches special importance to free trade agreements with foreign partners in general and the EU – Vietnam Free Trade Agreement (EVFTA) in particular, said Politburo member Nguyen Van Binh, who is head of the Party Central Committee’s Economic Commission.

Online Friday 2017, at www.onlinefriday.vn will open on September 29th, with the expectation of offering golden chances for customers with thousands discounted products and programs.

On September 14th, Standing Vice Chairman of the Ho Chi Minh city People’s Committee Le Thanh Liem attended a gala dinner for delegates of the APEC Small and Medium Enterprises (SMEs) Ministerial Meeting.

The 45th APEC Small and Medium Enterprises (SMEs) Working Group meeting took place in Ho Chi Minh city on September 13th.

Exports to Algeria earned Vietnam USD227,86 million this year to early September, up 26 percent on a yearly basis, according to the Vietnamese trade mission in the African country.