Trade – Investment

A poll carried out by the European Chamber of Commerce in Vietnam (EuroCham) showed that Vietnam’s business climate index in the third quarter of 2016 went up ten points from the previous quarter to 84 points.

Over the past years, the Ha Nam provincial Party Committee has issued diverse guidelines on administrative reform, considering it an important step for boosting socio-economic development in the province, especially in attracting investment.

Vietcombank will be the first bank to cut its lending interest rate in response to the Government’s recent resolution.

The Ho Chi Minh city Enterprises Association celebrated the 12th anniversary of Vietnam Businesses’ Day and honoured 200 outstanding enterprises and businesspersons in 2016.

By mid-September 2016, fruit and vegetable export turnover reached an estimated USD1.68 billion, a year-on-year rise of 28%, according to statistics of the General Department of Vietnam Customs.

Some start-up projects in Ho Chi Minh City will receive financial support of up to VND2 billion (USD90,000) within two years under a mechanism recently issued by the municipal People’s Committee.

(CPV) - Vietnam Finance 2016 Conference & Exhibition themed "Developing insurance market: Policy and information technology solutions" opened on October 14th in Hanoi.

The Ministry of Agriculture and Rural Development has issued a Decision suspending the import of raw cotton from Ghana.

On October 11th, the Quang Ngai provincial People’s Committee organized a meeting to celebrate Vietnamese Businesses’ Day (October 13th) and award the fifth outstanding businesspersons and enterprises prize.

Filipino traders have been permitted to import 293,100 tonnes of rice from Vietnam to meet the food demand during the 2017 between-crop period, reported the Vietnam Food Association (VFA).

Son La will receive an additional VND73 billion from the 2016 central budget reserve to realize the transport road project from provincial highway 102 (Pa Cop) through Lung Xa and Ta De mountain villages in Long Luong commune, Van Ho district to Hang Kia commune, Mai Chau district, Hoa Binh province.

(CPV) - The Vietnam Ministry of Planning and Investment and the Delegation of the European Union to Vietnam on October 11th co-organized a high-level seminar, titled: ‘Vietnam Green Growth Strategy: Pathways towards Implementing the Paris Agreement - Vietnam & EU Experience”.

The Vietnam Real Estate Association (VNREA) will convene the fourth Congress for 2016-2021 on October 15 with 800 delegates and 30 international organisations taking part, it told a press conference in Hanoi on October 10th.

In the years to come, grapes will continue to be considered a key crop in the central province of Ninh Thuan.

Certificates of origin is a must for Vietnamese seafood exported to the EU, Siegfried Bank, an expert from the European Trade Policy and Investment Support Project (EU-MUTRAP), affirmed at a conference concerning the issue held in Ho Chi Minh City on October 7th.

The biggest and most significant conference and exhibition event for start-ups Hatch! Fair opened in Ho Chi Minh City on October 7th, attracting more than 150 start-ups, 100 investors and 80 speakers from 20 countries and territories.

Hanoi is doing all-out to achieve the set GDP growth goal of 8.5-9 percent in 2016, affirmed Secretary of the Hanoi Party Committee Hoang Trung Hai at the committee meeting on October 6th.

The Vietnam Trade Fair 2016 themed “Friendship, cooperation and development" takes place in Phnom Penh, Cambodia, on October 6th – 10th.

(CPV) - Growth in developing East Asia and Pacific is expected to remain resilient over the next three years, according to a new World Bank report released on October 4th.

Vietnam’s exports are estimated to reach USD128 billion in the first nine months of this year, up 6.7 percent year-on-year, according to the latest statistics from the General Statistics Office (GSO).

(CPV) - The biggest ever trade delegation from Sweden, led by Ms. Ann Linde, Swedish Minister for EU Affairs and Trade, is visiting Vietnam from October 4th to 6th, 2016.

Prime Minister Nguyen Xuan Phuc requested all-out efforts to achieve 6.3-6.5 percent growth this year during a monthly Government meeting in Hanoi on October 3rd.

Arabica coffee, a strong product of Vietnam, was promoted at the SCAJ World Specialty Coffee Conference and Exhibition in Tokyo, Japan, on September 30th.

An agreement for investment in Bai Xep international sea entertainment tourism area and Casa Marina islands beach resort in Quy Nhon city, the central province of Binh Dinh, was signed on September 29th, in Ho Chi Minh city.

Forbes Vietnam magazine announced the best 50 companies on Vietnam’s stock market in 2016 on September 29th.

The Industrial Production Index (IPI) in September rose 7.6% over a year earlier, bringing the index for the nine months to 7.4%, much lower than 9.9% of the same period last year, reported the General Statistics Office (GSO).

Gross Domestic Product (GDP) growth in the first nine months of 2016 expanded an estimated 5.93%, down from 6.53% in the same period last year, reported the General Statistics Office (GSO) in a press briefing on September 29th.

Prime Minister Nguyen Xuan Phuc has decided to take November 10th annually as Vietnamese Business Culture Day.

(CPV) - On the occasion of the third high-level dialogue meeting on Japan-Vietnam agricultural cooperation, Japan International Cooperation Agency (JICA) on September 28th organized an exchange meeting to promote the cooperation between Nghe An and Vietnamese/Japanese partners.

As of September 20th, Vietnam saw 1,820 new FDI projects licensed with a total capital of USD11.16 billion, a year-on-year rise of 1.1% and also had 851 ongoing projects increase their capital by nearly USD5.3 billion, down 13.9%, reported the Ministry of Planning and Investment’s Foreign Investment Agency.