Giải báo chí 70 năm ngành Công Thương

The Foreign Investment Agency said in the first four months of the year, Vietnamese firms invested nearly 150 million USD in foreign markets. 

Pledges of foreign direct investment (FDI) in Vietnam reached US$14.59 billion in the first four months of 2019, the highest figure in the past four years.

Deputy Prime Minister Vuong Dinh Hue has signed Decision No. 474/QĐ-TTg to promulgate an action plan towards tackling the risks of money laundering and terrorist financing in the 2019-2020 period.

The Ho Chi Minh Real Estate Association (HoREA) has suggested the State Bank of Vietnam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.

The Ho Chi Minh Real Estate Association (HoREA) has suggested the State Bank of Vietnam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.

(VEN) - In recent years, southeastern provinces and cities such as Dong Nai, Binh Duong and Ho Chi Minh City have become attractive investment destinations for businesses from the Republic of Korea (RoK) in fields such as footwear, fiber, textiles, garments and electronics.

The partnership which facilitates consumer-to-business collections was officiated at Citi Treasury and Trade Solutions’ inaugural ASEAN FinTech Day in Singapore.

Ho Chi Minh City-based Que Lam Group has inaugurated its bio-organic fertiliser plant, built at a cost of VND500 billion (US$21.54 million), in the northern province of Vinh Phuc.

The Ministry of Finance led the way in e-Government development in 2018, according to a report on Vietnam’s e-Government development.

Vietnam has so far invested in 190 projects worth nearly 2.9 billion USD in Cambodia, according to the Saigon Giai phong (Liberated Saigon) newspaper. 

Deputy Prime Minister Vuong Dinh Hue has affirmed that the Vietnamese government and north central localities are ready to offer all possible support to Japanese partners to expand their business operations there.

(VEN) - The Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (VIETRADE) and the International Trade Center (ITC), a joint agency of the World Trade Organization and the United Nations, have teamed up to launch a project aimed at bolstering trade for sustainable development (T4SD) in Vietnam. One of the project’s highlights is to create financial resources to help businesses renovate technology and production in accordance with green development.

(VEN) - BQ, a European engineering company dedicated to developing technological devices such as smartphones, 3D printers and robotics, has signed a strategic partnership agreement with VinSmart, a member of the largest private conglomerate in Vietnam -Vingroup. Under the agreement, BQ will sell intellectual property rights to Vinsmart in order to develop two Vsmart branded smartphone products for the high-end and mid-range markets. BQ and Vingroup are already working on other new areas of business relating to artificial intelligence (AI) and the Internet of Things (IoT). Rodrigo del Prado, Deputy General Director of BQ spoke with the media after the recent launch of Vsmart smartphones in Spain.

Some commercial banks expect to get high credit growth limits set by the central bank this year as they have so far met Basel II’s capital safety and risk management standards ahead of schedule.

The People’s Committee of the southern province of Dong Nai has announced a list of 12 infrastructure projects calling for investment worth more than 1.2 billion USD in total. 

Small- and medium-sized enterprises (SMEs) are unable to borrow from banks because they do not have property to mortgage, Tran Viet Anh, Vice Chairman of the HCM City Business Association, has said.

A medium density fibreboard (MDF) factory that is considered the biggest of its kind in the central region of Vietnam was inaugurated in Vu Quang district of Ha Tinh province on April 21.

Credit packages with preferential interest rates offered to small and medium enterprises (SMEs) in Ho Chi Minh City contributed largely to the city’s economic growth of 8.3 percent in 2018, heard a conference held in the city on April 18.

(VEN) - Vietnam’s pharmaceutical sector is developing at a fast pace, much of it through direct investment and mergers and acquisitions (M&A). 

The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at a conference connecting enterprises and banks in Hanoi on April 16.

Deputy Prime Minister Trinh Dinh Dung received CEO of Marubeni Corporation Masumi Kakinoki in Hanoi on April 16, calling on his firm and other Japanese businesses to increase cooperation with Vietnamese firms.

The State Bank of Vietnam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

A new urban area is planned on an area of 51 hectares in Cai Rang district at total costs of VND1.62 trillion (US$69.66 million), to be invested by Thu Duc Housing Development Corporation.

(VEN) - In a bid to draw additional private funding for major infrastructure projects, Ho Chi Minh City is reassuring investors that conditions for investment will be far more attractive in the long-run.

(VEN) - According to the Foreign Investment Agency under the Ministry of Planning and Investment, foreign direct investment (FDI) commitments in the first quarter of the year reached their highest level since 2016.

(VEN) - Led by the US-ASEAN Business Council, representatives of leading US businesses arrived in Vietnam in March to seek investment opportunities. The number of US companies displaying an interest in Vietnam is bigger than it was in previous years.

The Central Highlands province of Lam Dong has given the nod to Lam Dong Pharmaceutical JSC to deploy a project on medicinal plant planting in Lac Duong district with a total investment of VND50.72 billion (nearly US$2.2 million).

Deputy Prime Minister Trinh Dinh Dung affirmed that the Vietnamese Government, ministries and sectors concerned encourage and create favourable conditions for foreign investors including Thai Siam Cement Group (SCG) to pour investment into and expand their business in Vietnam.

The State Bank of Vietnam has issued Circular 03/2019/TT-NHNN to amend and supplement several provisions of Circular 32/2013/TT-NHNN on restricting the use of foreign currencies in the territory of Vietnam.

The Vietnam Social Security (VSS) targets 32.3 percent of the workforce nationwide joining social insurance in 2019, 33.9 percent in 2020, and 35.6 percent in 2021.