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Russia’s Rosneft petroleum group will supply up to 96 million tonnes of oil to the PetroVietnam Oil Corporation (PV Oil) from 2016 to 2040.
Japanese-owned Frontier International Vietnam One Member Company Limited (Frontier Company) expressed interest in developing an amusement and a water park in the northern province of Ha Nam.
The idea of setting up a stock market specifically for startups was first raised at a workshop held in HCM City last week which discussed solutions for startups to seek capital.
Vietnam’s international integration in the next five years will be on a much higher level than it is at present, Deputy Foreign Minister Bui Thanh Son said at a roundtable in Hanoi on June 17.
The Ministry of Industry and Trade (MOIT) and the United Nations Industrial Development Organisation (UNIDO) launched a project on supporting the Vietnamese Government in building industrial strategies and related policies through institution capacity development in Hanoi on June 17.
Firms listed on Việt Nam’s two stock exchanges in HCM City and Hà Nội will be the first to be required to adopt international financial reporting standards in 2020, a finance ministry official has said.
President of the Asian Development Bank (ADB) Takehiko Nakao has vowed that his bank will continue to give strong support to Vietnam through loans of about 1 billion USD each year, as soon as it builds a new Country Partnership Strategy for Vietnam in the 2016-2020 period.
Government officials, enterprises from Cambodia, Laos, Myanmar, Vietnam and Thailand gathered in Bangkok on June 16 for the first ever forum to discuss ways to form a seamless Mekong Delta region or a Single Destination.
Despite sluggish global growth, Vietnam’s economy is expected to continue to grow at a moderate pace and leave behind other large ASEAN nations in 2016, a recent report from the OECD states.
Việt Nam should strengthen market-based reforms and invest in education and training in order to take advantage of opportunities arising from the next digitalisation-driven production revolution, experts have said.
HCM City has set an ambitious goal to become a value-added service centre similar to other East Asian cities, attracting investment from world-renowned corporations.
The Japan External Trade Organization (JETRO) said supporting industries in Vietnam are still underperforming as the Government’s incentive policies for them have not produced as many positive results as expected.
