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Wednesday,  01/22/2020
93 percent of Korean firms satisfied with investments in Vietnam: survey
93 percent of Korean firms satisfied with investments in Vietnam: survey
Hanoi (VNA) – Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA). Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam. (Photo:...
Binh Duong lures over 3 billion USD in foreign investment
Binh Duong lures over 3 billion USD in foreign investment
Hanoi (VNA) – The southern province of Binh Duong attracted over 3 billion USD in foreign direct investment (FDI) in the first 11 months of the year, a year-on-year increase of 49 percent, according to the provincial People’s Committee. Binh Duong is carrying out a revamped programme for FDI attraction between 2016 and 2020. (Illustrative image. Source: VNA) Binh...
Vietnamese dairy industry targets 1 billion litres in 2020
Vietnamese dairy industry targets 1 billion litres in 2020
Hanoi (VNA) – The Vietnamese dairy industry sets a target of producing 1 billion litres of fresh milk in 2020, meeting 38 percent of the domestic demand. Local milk consumption per capita will reach 28 litres next year (Photo: VNA) The figures will increase to 1.4 billion litres and 40 percent by 2025, according to a development plan of...
Japanese insurer to buy over 41 million shares of Bao Viet Holdings
Japanese insurer to buy over 41 million shares of Bao Viet Holdings
Hanoi (VNS/VNA) - Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH). Insurance-finance-banking group Bao Viet (BVH)'s head office in Hanoi (Photo: vietnambiz.vn) Sumitomo currently owns more than 122.5 million BVH shares, equivalent to 17.48 percent of the total outstanding voting shares of Bao Viet Holdings....
Forum urges leather-footwear sector’s actions to grasp chances
Forum urges leather-footwear sector’s actions to grasp chances
HCM City (VNA) – The leather-footwear industry of Vietnam has established its foothold in the global market, but challenges are still lying ahead, requiring it to work harder to grasp big chances created by new-generation free trade agreements (FTAs). The Supporting Industry Forum 2019 takes place in HCM City on December 13 (Photo: VNA) This was the focus of...
Vietnam’s November PMI up from last month
Vietnam’s November PMI up from last month
Hanoi (VNA) - The Vietnam Manufacturing Purchasing Managers’ Index registered 51.0 in November, up from the neutral reading of 50.0 in October, according to the latest IHS Markit report released in early December. The Vietnam Manufacturing Purchasing Managers’ Index registered 51.0 in November (Photo: VNA) The rise in PMI signaled a marginal improvement in the health of the sector....
Vietnam fifth largest consumer of US apples
Vietnam fifth largest consumer of US apples
Hanoi (VNA) – Vietnam was the fifth largest buyer of US apples last year with an import value of 51 million USD, up 48 percent year-on-year. Todd Fryhover, head of the Washington Apple Commission, speaks at the event. (haiquanonline.com.vn) The figures were unveiled by Benjamin Petlock, Agricultural Attaché at the US Consulate General in Vietnam, at a recent programme...
Qualcomm asked to support Vietnam’s technology eco-system
Qualcomm asked to support Vietnam’s technology eco-system
Hanoi (VNA) – Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh has called on the US-based Qualcomm Incorporated to continue assisting Vietnam in developing its technology eco-system. Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh (R) and Alexander H. Rogers, Executive Vice President of Qualcomm Incorporated. (Photo:...
Vietnam facilitates trade with Russian firms: Deputy PM
Vietnam facilitates trade with Russian firms: Deputy PM
Hanoi (VNA) – The Vietnamese Government always endorses and creates favourable conditions for Vietnamese and Russian enterprises to boost cooperation, Deputy Prime Minister Trinh Dinh Dung said on December 11. Deputy Prime Minister Trinh Dinh Dung (R) shakes hands with Russian Ambassador to Vietnam Konstantin Vukov. (Photo: VNA) Receiving Russian Ambassador to Vietnam Konstantin Vukov, Deputy PM Dung expressed...
Poor logistics system hinders agricultural products’ trade
Poor logistics system hinders agricultural products’ trade
Hanoi (VNS/VNA) - Despite being considered as the driving force of Vietnam’s economic growth, agriculture has been held back by an incomplete logistics system which fails to ensure quality and connect farms with markets, according to Ministry of Agriculture and Rural Development (MARD). A container is loaded at Chu Lai Port in Quang Nam Province. Vietnam lacks a well-connected...
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