Processing-manufacturing sector attracts investors

11:06 | 14/03/2014 Economy

(VEN) - The Ministry of Planning and Investment’s Foreign Investment Department recently released its report on foreign direct investment (FDI) in the first two months of this year. Vietnam attracted US$1.539 billion in both new and supplementary FDI capital in these months, with the processing and manufacturing sector accounting for a vast majority.
Promoting the access to credit

15:09 | 13/03/2014 Economy

(VEN) - Information from the State Bank of Vietnam (SBV) has shown that the monetary and banking markets underwent positive changes in the first two months of 2014. However, the provision of credit declined.
TCS builds professional and friendly image

11:00 | 13/03/2014 Economy

(VEN) - The Tan Son Nhat Cargo Services Company Limited (TCS) was established based on a joint venture between the Vietnam Airlines Corporation, the Singapore Airport Terminal Services (SATS) and the Southern Airport Services Company (SASCO). Officially coming into operation on January 1 , 1997, the company has been providing air cargo services for 35 international airlines companies and hundreds of international cargo forwarding agents at the Tan Son Nhat International Airport.
Connecting businesses with the banks

14:11 | 12/03/2014 Economy

(VEN) - More than VND12 trillion was already invested in the program for connecting businesses with the banks in Ho Chi Minh City in 2013. The funding is targeted to reach VND20 trillion in 2014.
HCMC aims to attract US$2.5 billion in FDI in 2014

15:19 | 11/03/2014 Economy

(VEN) - With 4,841 effective foreign direct investment (FDI) projects totaling US$34.987 billion in registered capital, Ho Chi Minh City has become the country’s leader in terms of FDI attraction. The city targets to attract an additional US$2.5 billion in FDI in 2014.
Ha Giang: Open opportunities for investors

16:46 | 10/03/2014 Economy

(VEN) - Over recent years, Ha Giang Province has adopted policies to attract investment and they have initially brought practical effectiveness to the provincial sustainable economic development and poverty reduction process. Vietnam Economic News’ Huong Ky talked with Chairman of Ha Giang Province People’s Committee Dam Van Bong about the issue.
Surplus possibility and Vietnamese dong to increase in value

16:07 | 10/03/2014 Economy

(VEN) - National Economics University Associate Professor, Dr. Nguyen Thuong Lang said that in the 2012-2015 period, Vietnamese balance of trade could achieve a surplus, contributing to creating an increase in value of Vietnamese dong.
Hanoi prioritizes high quality service industries

08:11 | 08/03/2014 Economy

(VEN) - There are 2,727 effective foreign direct investment (FDI) projects totaling US$21.9 billion in registered capital in Hanoi, most of which are found in real estate, information and communications, processing and manufacturing, and entertainment sectors.
Accelerating public investment

14:02 | 07/03/2014 Economy

(VEN) - The status of unmarketable capital still appeared when credit negatively grew in February compared to the same period last year. Commercial banks have made greater efforts to bring capital to the market by preferential credit packages. To overcome difficulties, accelerating public investment to spread capital in the economy is necessary.
Walmart brings Vietnamese goods to oversea markets

08:51 | 07/03/2014 Economy

(VEN) - Walmart opened a sourcing office in Ho Chi Minh City in late 2013 in order to better facilitate the identification and selection of suppliers. The apperance of the largest grocery retailer in the US is expected to bring Vietnamese goods to oversea markets. Vietnam Economic News’ Phuong Lan had a talk with Kevin Gardner, Senior Director, International Corporate Affairs of Walmart.
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