Trade – Investment

Ho Chi Minh City will host the Cotton Day 2017 on September 12th, which aims to strengthen connection between garment-textile firms and partners, suppliers and experts in the cotton sector.

Global value chains (GVCs) development and cooperation, and promotion of small and medium-sized enterprises (SMEs)’ integration into GVCs have been high on agenda and supported by APEC member economies via a vast chain of initiatives and activities, heard a workshop in Ho Chi Minh city on August 26th.

On August 24th, the APEC Senior Officials' Meeting (SOM) Steering Committee on Economic and Technical Cooperation (SCE) hosted a policy dialogue on reducing the gap in economic development and integration in remote areas for sustainable development in APEC as part of the third SOM and related meetings in Ho Chi Minh city.

Ho Chi Minh city will need massive investment from the private sector if it is to meet its goals for transportation, flood control and other areas over the next three years, municipal authorities said at a meeting held on August 24th.

A dialogue between Ministers and CEOs on responsible use of natural resources to promote sustainable food production and trade in agricultural products was held on August 24th in the Mekong city of Can Tho as part of 2017 APEC Food Security Week.

The central coastal city of Da Nang will host its 2017 Investment Forum from September 29th to October 1st to promote the potential, opportunities and supporting policies of the locality to domestic and foreign companies.

The 17th International Agriculture Trade Fair (AgroViet 2017) will be hosted by the Ministry of Agriculture and Rural Development from September 21st to 24th at Phu Tho Indoor Sports Stadium, Ho Chi Minh city.

(CPV) - New conditions that will see the export of Aussie cherries to Vietnam in time for the 2017-2018 season were welcomed by the two sides.

APEC forum on agricultural start-ups and innovation was held on August 23rd in the Mekong city of Can Tho.

Vietnam will divest from 406 State-owned enterprises during the 2017-2020 period, according to a list recently approved by Prime Minister Nguyen Xuan Phuc.

A workshop to discuss ways to enhance regulatory expertise on the WTO Technical Barriers to Trade (TBT) agreement was held in Ho Chi Minh city on August 21st-22nd.

The Ho Chi Minh city Department of Transport will kick off the repair project of Le Duc Tho street in Go Vap district with a budget of VND154.9 billion at the end of August 2017.

The APEC exhibition on food products and new production technology in agriculture officially opened in the Mekong city of Can Tho on August 21st.

(CPV) - Vietnam’s Ca Pass tunnel, the country’s most modern tunnel route linking Khanh Hoa and Phu Yen provinces, officially opened to traffic on the morning of August 21st.

The Vietnam National Oil and Gas Group (PetroVietnam) and the Siam Cement Group (SCG) of Thailand have just signed an agreement on accelerating the progress of a petrochemical project in southern Vietnam.

Deputy Prime Minister Vuong Dinh Hue has released a list of State-owned enterprises from which the Vietnam Oil and Gas Group (PetroVietnam) must reduce its ownership between 2017 and 2020.

Officials from member economies of the Asia-Pacific Economic Cooperation (APEC) forum are expected to work on an array of issues on August 19th, the second day of the third APEC Senior Officials Meeting (SOM 3) and related meetings in Ho Chi Minh City.

Vietnam’s southern largest economic hub of Ho Chi Minh city and China’s Guangdong province hold a wide range of potentials for stronger trade and investment ties, participants remarked at a conference held in the city on August 18th.

The first-instance hearing for Ha Van Tham, former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (Ocean Bank), and his accomplices will be reopened on August 28th, according to the Hanoi People’s Court.

Prime Minister Nguyen Xuan Phuc attended a forum to forge Vietnam-Thailand economic cooperation in Bangkok on August 18th.

This October, Ho Chi Minh city will apply construction e-licenses, according to a notice from the office of Ho Chi Minh city People’s Committee on August 17th.

The 2017 Promotional Month in Ho Chi Minh city will attract the participation of about 3,000 businesses, and more than 5,300 individual business households and small traders, announced the city Department of Industry and Trade on August 16th.

(CPV) - The Ministry of Agriculture and Rural Development will chair the APEC week on food security and high-level dialogue on food security and sustainable agriculture development in response to climate change on August 18th-25th in the Mekong city of Can Tho, under the framework of the APEC 2017 year.

Vietnam - India bilateral trade turnover in the first seven months of the year rose sharply by 42.95% over a year earlier, to USD4.24 billion, according to statistics of Vietnam Commercial Office in India quoted by the Ministry of Industry and Trade on August 14th.

The adjustment of the development scheme of industrial zones (IZ) in the northern province of Hung Yen by 2020 has received the approval of Prime Minister (PM) Nguyen Xuan Phuc.

A delegation of nearly 20 Vietnamese businesses in various sectors has visited Bangladesh to boost trade partnership with the South Asian nation in the first trip of its kind held by the Ministry of Industry and Trade in five years.

The State budget collection total, in the first seven months of this year, was estimated at VND666.7 trillion (approx. USD29.3 billion), an increase of 11.6% over the same period last year.

Many commercial banks have asked the State Bank of Vietnam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.

A forum promoting trade in Vietnamese and Chinese vegetables and fruits took place in the northern border province of Lang Son on August 11th.

There remains considerable potential for Vietnam to export rice to Singapore, according to a Vietnamese delegation which visited Singapore in early August to seek ways to boost the shipment of agricultural products to this country.