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Vietnam, the country called the Smaller Dragon, has fast emerged as a globalisation winner - a success recognised by its selection this year as host of the World Economic Forum East Asia Summit, a local media reported on July 10.
The Hung Duy Trading Import Export Transportation Company will invest VND130 billion in building an eco-tourism area in Hoa Thanh district, Tay Ninh province.
The European Trade Information Centre (ETIC) opened in HCM City on July 9.
A seminar promoting the Vietnam-Japan Economic Partnership Agreement (VJCPA) and the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) opened in Nha Trang City on June 28.
The Vietnam Bank for Agriculture and Rural Development (Agribank) opened its branch in Phnom Penh – the first of its kind in Cambodia – in a bid to tap this potential market.
Dong Nai province will work closely with Lao localities to strengthen the traditional friendship and comprehensive cooperation between the two countries, said Vo Van Mot, chairman of the provincial People’s Committee.
Qatar Airways has announced the opening of four direct flights on the Doha-Bangkok-Hanoi air route on Mondays, Tuesdays and Saturdays as of November 1.
Businesses should improve its competitiveness, enlarge the scale of production and build prestigious trademarks while meeting the regulatory standards of export markets.
The country continued with its rapid economic recovery in the first half of this year with positive trends in two key economic indicators, gross domestic products (GDP) and the consumer price index (CPI), reported the Ministry of Planning and Investment (MPI).
Australia’s Environmental Clean Technologies Limited (ECT) and Vietnam’s Thang Long Investment and Commerce Joint Stock Company (TinCom) signed a contract on June 25 to export brown coal to Vietnam.
Both FDI registered and disbursed capital decreased in June compared to May, however, in the past six months, FDI disbursement showed an increase of 5.9 percent against the same period last year.
The total value of orders for timber processing enterprises has reached almost US$3 billion for 2010, an increase of US$320 million from 2009, said Nguyen Ton Quyen, Secretary General of the Vietnam Timber and Forest Product Association.
