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Two-way trade between the European Union and Vietnam is growing and flourishing and the EU wants to boost its trade ties with Vietnam, said the Swedish ambassador to Vietnam, Rolf Bergman.
Domestic steel producers have been warned against raising sale prices, since price increases would pave the way for cheap imported steel products to flock into the domestic market.
As much as VND357 trillion (US$19.8 billion) has been lent to businesses through June 25, under the Government’s interest rate subsidy programme, according to the State Bank of Viet Nam (SBV).
In June 13th, viipip.com system has finished the second phase of project on updating the information of industrial parks in the Northern and Central Key Economic Zones.
Many companies in Vietnam have raised salaries and recruit more employees despite the impact of the global recession on the domestic economy, according to Navigos Group.
The list of Viet Nam Tourism Award 2008 winners has been released, with many familiar names like Saigontourist, Fiditourist, Ben Thanh – Rex Hotel and De Nhat – First Hotel.
Saigon South is confirming itself as HCM City’s new business and entertainment hub with the launching of the area’s first ever luxury shopping centre.
More Japanese investors are eyeing business in Vietnam, but choose mergers and acquisitions (M&A) as a vital path to enter the market or expand their existing business, executives from the accounting firm Deloitte Vietnam said.
Viet Nam was one of the biggest foreign investors in Laos during the 2008-2009 fiscal year, Vietnamese Ambassador to Laos, Ta Minh Chau, said at a meeting in Hanoi Monday (29 June 2009).
Bloomberg, the leading US financial information services company quoted foreign economists as saying on June 29 that Vietnam’s economy began recovering in the second quarter of this year.
Unilever Vietnam, the joint venture between the Anglo-Dutch consumer goods multinational Unilever and Vinachem has been licenced to turn into a wholly foreign-invested company.
Vietnam is still an attractive investment opportunity despite the current global recession, confirms the website Research and Markets, a world leading source for international market research and market data.