Quang Ninh implements special economic zone model
14:08 | 11/04/2014 Economy
(VEN) - An international conference on the experience and opportunities provided by developing special economic zones in Ha Long City attracted the participation of 400 domestic and foreign delegates and speakers. Quang Ninh Provincial People's Committee Chairman Nguyen Van Doc said that the conference contributed to affirming the province’s position and political determination in looking for new development models in an interview with Vietnam Economic News’ Mai Phuong.
Financial policies taking effect in April 2014
16:58 | 10/04/2014 Economy
(VEN) - Some financial policies and regulations came into effect in April 2014. These include regulations on judicial authorization charges applied to civil matters, the minimum level of charges on auction sale of securities, and fines imposed on unreasonable price increases.
It’s early to evaluate yearly FDI
08:33 | 10/04/2014 Economy
(VEN) - Foreign direct investment (FDI) in Vietnam in the first three months of this year accounted for only 50.4 percent of that recorded in the same period last year. However, experts said that it was too early to say that FDI would reduce in 2014.
Standard Chartered wins Golden Dragon Award
16:45 | 09/04/2014 Economy
(VEN) - Standard Chartered Bank (Vietnam) received a Golden Dragon Award 2013 for “Most Favorite International Bank”. Golden Dragon Awards are presented annually by the Vietnam Economic Times in collaboration with the Foreign Investment Agency and the Ministry of Planning and Investment, to recognize and celebrate foreign-invested enterprises for their significant contributions to Vietnam. This is the seventh consecutive year that Standard Chartered won this prestigious award.
Hanoi facilitates Japanese businesses
08:05 | 09/04/2014 Economy
(VEN) - Hanoi would provide the best conditions for Japanese businesses, Hanoi People’s Committee Chairman Nguyen The Thao told a conference to promote Japanese investment and dialogue with Japanese businesses which was held at the end of this March in Hanoi.
Vietnamese investment in Cambodia soars
09:29 | 08/04/2014 Economy
(VEN) - Vietnamese direct investment in Cambodia has increased sharply in recent years. Vietnam Economic News’ reporter Nguyen Hoa spoke with Le Minh Dien, Deputy Director of the Department of Foreign Economic Relations under the Ministry of Planning and Investment.
Promoting reforms of tax and customs formalities
16:37 | 07/04/2014 Economy
(VEN) - The Government Office recently released Official Letter 2039/VPCP-TCCV conveying Deputy Prime Minister Nguyen Xuan Phuc’s guidelines for administrative reforms in the fields of taxation, customs, social insurance, health insurance and seafood quarantine.
Speedy money transfer by recipient’s card number
14:56 | 03/04/2014 Economy
(VEN) - Instead of wasting time to fill complex forms at counters, Bac A Bank’s customers can use a new money transfer service via card number, meeting customer expectations in a fast, easy and convenient manner.
Enhancing links to create new impetus
09:02 | 03/04/2014 Economy
(VEN) - At a seminar on improving links between foreign and domestic businesses held in Hanoi on March 26, many delegates said that Vietnam has had over 25 years attracting foreign direct investment (FDI) however, until now the links between FDI enterprises and domestic firms has remained loose. To strengthen this coordination, domestic enterprises need to make efforts themselves apart from support policies from the government.
GDP increases by 4.96 percent in first quarter
08:52 | 02/04/2014 Economy
(VEN) - The Ministry of Planning and Investment’s General Statistical Office said that gross domestic product (GDP) increased by 4.96 percent in the first quarter of this year compared with 5.97 percent in the same period of 2010, 5.9 percent in 2011, 4.75 percent in 2012 and 4.76 percent in 2013.