Trade – Investment

Farmers and artisans in the Mekong River Delta are busy creating "strange" and "unique" fruits for Tet (Lunar New Year), which falls in early February next year.

(CPV) - Prime Minister (PM) Nguyen Tan Dung has agreed to select nine key border gate economic zones (EZs) to receive investment priority from the State budget in the 2016-2020 period.

(CPV) - The Long An provincial People’s Committee on December 17th organized a press conference to review its socio-economic situation in 2015 and propose orientations, tasks and plans for socio-economic development for 2016.

(CPV) - Five enterprises in Tien Giang will spend over VND345 billion on stocking and providing essential goods for the Lunar New year (Tet) 2016, up VND6.7 billion from the previous year, reported the provincial Department of Industry and Trade.

(CPV) - An international exhibition on real estate (Vietbuild Home), themed “Housing, Indoor-Outdoor Decoration and Housing Appliances”, has opened in Ho Chi Minh city.

The Vietnam - Russia Business Forum took place on December 14th in Hanoi , discussing the two sides’ economic cooperation within the framework of the Free Trade Agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).

Thirteen young entrepreneurs from 10 ASEAN member countries and three dialogue partners were presented the ASEAN+3 award in recognition of their contribution to regional sustainable development at a ceremony on December 13th in Ho Chi Minh city.

(CPV) - A seminar to heighten Vietnamese enterprises’ awareness of the ASEAN Economic Community (AEC) was co-organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Ministry of Foreign Affairs on December 13th, in Hanoi.

(CPV) - As Vietnam continues to urbanize rapidly, adequate supply of affordable housing will be integral to achieving national development targets and enabling the country to maintain a high rate of growth, with cities contributing a growing share of jobs and GDP.

(CPV) - The Ho Chi Minh Communist Youth Union of Hanoi on December 10th organized a seminar to provide information about ASEAN and the Trans-Pacific Partnership (TPP) agreement for young people in the capital.

Deputy Prime Minister Hoang Trung Hai issued order to start work on expanding Da Nhim hydropower plant in Ninh Son district, the central province of Ninh Thuan on December 12th.

Economic co-operation should be the key component in Vietnam's strategy for its integration into the ASEAN community, an official said at a conference in Hanoi on December 11th.

The People’s Committee of northern Ha Nam province granted an investment license for a USD-6-million battery production project by Vietnam PG Batteries Ltd., Co. on December 11th.

Deputy Prime Minister Vu Van Ninh requested the southwestern region to accelerate agricultural restructuring while chairing a meeting of the Steering Committee for the Southwestern Region in Can Tho city on December 11th.

Deputy Prime Minister Nguyen Xuan Phuc urged Northwestern provinces to pay more heed to animal husbandry through specific development projects as the region boasts huge potential for this sector.

Vietnam earned USD2.18 billion from shipping 300,000 tonnes of cashew abroad, rising 19.2 percent and 7.3 percent year-on-year respectively, according to the Ministry of Agriculture and Rural Development.

The Japan International Cooperation Agency (JICA) presented the JICA President Award on December 11th to three transport projects funded by Japanese ODA that have formed a new international gateway in Hanoi.

The International Factors Group (IFG) has announced that Vietnam Technological and Commercial Joint Stock Banks (Techcombank) has officially become the first Partner Member of the group in Vietnam.

The central province of Quang Binh attracted 468 investment projects worth a total of over VND41.8 trillion (USD1.9 billion) in the period from 2011 to 2015.

Vietnam’s tra fish processors and exporters should take prompt action now as they have just 18 months as from March 2016 to meet the new rules issued by the US Department of Agriculture (USDA) requiring domestic and foreign suppliers to meet the same standards.

(CPV) - The Vietnam National Oil and Gas Group (PetroVietnam) Exploration Production Corporation (PVEP) welcomed the first flow of commercial oil from Bir Seba field, lot 433A and 416B during a ceremony held in Hanoi on December 11th.

(CPV) - Telemor, a subsidiary of the Vietnam Military-run Telecommunications Group (Viettel) in Timor-Leste, has been recognized as one of the best operators in an emerging market by the World Communication Awards (WCA) 2015.

(CPV) - The northern province of Vinh Phuc granted licenses to 71 projects in 2015 with 26 being capitalized with Foreign Direct Investment (FDI) of USD481 million, up 15% in capital over a year earlier, reported the provincial People’s Committee.

Forty-six Republic of Korea (RoK) firms in manufacturing, logistics, trading, IT, finance and other industries are taking part in a Korea-Vietnam job fair that opened on December 4th at Ho Chi Minh City's Nikko Saigon Hotel.

Vietnam’s export turnover to Mexico reached nearly USD1.3 billion (Free on Board - FOB price) in the first ten months of 2015, soaring 47.98 percent compared to the same period last year, the highest increase in the past 10 years, according to the trade office of the Vietnamese Embassy in Mexico.

(CPV) - Under the theme "Towards competitive, inclusive and sustainable growth", the Vietnam Development Partnership Forum (VDPF) 2015 opened in Hanoi on December 5th.

(CPV) – On the occassion of the 60th anniversary of diplomatic relations between Indonesia and Vietnam (1955 – 2015), the Embassy of the Republic of Indonesia in cooperation with the Vietnam Chamber of Commerce (VCCI) and Vinexad will hold “Indonesia Trade Fair” at the International Centre for Exhibition (I.C.E), Hanoi on December 10th – 12th 2015 and Indonesia Business Forum on December 11th 2015

The free trade agreement between the European Union and Vietnam (EVFTA) is expected to push Vietnam’s exports into the demanding EU market, helping the country become industrialised and modernised by 2020, an official said.

The Vietnam-Republic of Korea (RoK) free trade agreement (VKFTA) is billed as a significant legal framework for enterprises from Vietnam and the RoK to expedite investment and cooperation while expanding production.

A flux of investment waves from Japanese businesses are coming to Vietnam’s agricultural sector, which plays an important role in the national development, according to a top agricultural official.