Low credit growth target for 2014
15:26 | 02/12/2013 Economy
(VEN) - Despite significant improvement, credit is unlikely to reach the 12 percent growth target this year. Economists are worried that the slow growth in 2013 would continue in 2014. For this reason, economic experts have offered proposals, regarding monetary policy for 2014.
Breakthrough in attracting FDI
14:02 | 02/12/2013 Economy
(VEN) - Vietnam created a breakthrough in attracting foreign direct investment (FDI) in the first 11 months of this year, contributing to affirming attractiveness of the country’s investment environment and efforts in improving its environment.
Attracting investment in Dat Cuoc IP
09:26 | 30/11/2013 Economy
(VEN) - With many advantages in terms of location and complete infrastructure, Dat Cuoc Industrial Park in Binh Duong Province, invested by Binh Duong Minerals And Construction Joint Stock Company (BIMICO) has rapidly attracted a large number of investors. Vietnam Economic New’s Thu Duyen had an interview with Deputy Director of BIMICO Pham Van Hiep.
Practical measures needed to ease tax difficulties
16:26 | 29/11/2013 Economy
(VEN) - The amended Law on Tax Management which took effect on July 1, 2013 has significantly contributed to simplifying tax procedures to ensure transparency, saving money and time for taxpayers. However, more practical measures must be taken to help businesses overcome difficulties in the process of implementing tax policies.
Hanoi strives to realize FDI attraction targets
08:04 | 29/11/2013 Economy
(VEN) - Aware that it’s not easy to achieve the US$1.3 billion target set for foreign direct investment (FDI) attraction in 2013, the Hanoi People’s Committee has proposed a number of measures to boost FDI attraction.
Banks look to increase credit
09:44 | 28/11/2013 Economy
(VEN) - Many experts remain concerned about the slow growth of credit so far this year. However, State Bank Governor Nguyen Van Binh said it was possible to reach the credit growth target.
Binh Duong successfully attracts investment
09:10 | 28/11/2013 Economy
(VEN) - The investment environment in Binh Duong is improving. The province has concentrated on attracting investment in sectors such as electricity, electronics, engineering, pharmaceuticals and chemicals to promote rapid and sustainable economic development.
Thai Nguyen to lure US$5 billion in FDI in 2013
10:05 | 27/11/2013 Economy
(VEN) - Thai Nguyen Province attracted US$3.5 billion in foreign direct investment (FDI) in the first ten months of this year and is expected to increase FDI to US$5 billion by the end of the year. Vietnam Economic News’ reporter Nguyen Hoa spoke with Thai Nguyen Province Party Deputy Secretary and Thai Nguyen Province People’s Committee Chairman Duong Ngoc Long.
Breakthroughs in customs modernization and reform
16:07 | 26/11/2013 Economy
(VEN) - The Vietnam Automated Cargo and Port Consolidated System and the Vietnam Customs Information System (VNACCS/VCIS) will be put into operation on April 1, 2014, marking a major breakthrough in customs modernization in Vietnam.