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Domestic businesses have suggested that overseas diplomatic officials establish new avenues of information to provide current economic information, as well as analyses and forecasts of trends in foreign markets.
Pledges of foreign direct investment (FDI) in Vietnam may drop to $20 billion this year, less than a third of last year’s record $64 billion, due to the global economic slump, an online newspaper quoted a state planner as saying.
HCM City’s export turnover, including oil, is forecast to hit US$24.4 billion, according to the city’s Department of Industry and Trade.
A talk was held between Vietnamese ambassadors and general consuls and representatives of some 200 southern businesses in Ho Chi Minh City on December 12
Foreign investors were net sellers of VND11.6 billion ($ 862,000) of Vietnamese stocks Tuesday out of a total of VND187.5 billion traded, the Ho Chi Minh Stock Exchange said. Volume traded totaled 9.7 million shares, with foreigners accounting for 14%, the stock market operator said. In the month to...
Some goods and services, including finance and insurance, have received a Government waiver against paying value added tax (VAT).
Construction on a highway project, linking Noi Bai airport to Lao Cai Province, will begin before April 30, 2009, said by Ngo Thinh Duc. However, the time for clearing the ground remains a difficult problem to solve.
The Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with Nielsen Media Research, the world renowned media research company held a ceremony on April 20 to announce Vietnam’s most famous brand names in 2008.
Despite the negative impacts of the global economic crisis, remittances from overseas to HCM City this year have increased steadily. In the past 11 months, they have reached US$4.5 billion, said Ho Huu Hanh, director of the State Bank of Vietnam’s HCM City branch.
Deputy Prime Minister Hoang Trung Hai has instructed the agencies concerned to send a report on the Hanoi – HCM City Express Railway project to the Government by early March.
A senior official of TNS, a global market research specialist, said it is now the “perfect time” for foreign retailers to come and make long-term leases in Vietnam as real estate and construction prices here are declining.
The Ministries of Finance, Industry and Trade are considering scenarios for petrol pricing, as the world’s crude oil price has fallen down further to over $60/barrel. The ministries are leaning towards the project on raising the import tax in order to collect more money to the state budget, instead...
