Vietnam posts $17mn trade deficit in June: customs

Date: 16/07/2016

Vietnam reported a trade deficit of $17 million in June, its customs department said on Thursday, well below the $100 million deficit estimated by the government.

Quang Ninh seaport and industrial complex awaits licensed

Date: 16/07/2016

The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the VND6.96 trillion ($311.9 million) seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh.

Vietnamese stocks up for a second day

Date: 14/07/2016

Vietnamese shares on July 13 extended gains for a second session as investors became highly confident after a decision was made by the Permanent Court of Arbitration (PCA) to reject China’s territorial claims over the East Sea.

Wooden furniture industry a global contender, but still faces problems

Date: 14/07/2016

According to the Ministry of Industry and Trade, in the first five months of 2016, the turnover from wood and wooden exports reached $2.68 billion, an increase of 2.08 percent compared with the same period last year. With current export growth rate, the export turnover is expected to increase by 3.5...

Mekong Capital invests $6.9m in Wrap & Roll

Date: 14/07/2016

Mekong Capital yesterday announced that its Mekong Enterprise Fund III Ltd has invested US$6.9 million in restaurant chain Wrap & Roll.

Promoting national brands through local products gets discussed

Date: 14/07/2016

A forum on the promotion of national brands via local products was held in Hanoi on July 13 with the goal of encouraging businesses to participate in the national brand programme.

Government to stop subsidising troubled state firms

Date: 14/07/2016

PM Nguyen Xuan Phuc confirmed at a meeting with the Ministry of Industry and Trade on July 12 that the government will subsidise such troubled projects as the Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO)’s plant.

Businesses urged to register trademarks

Date: 14/07/2016

Registration is imperative if businesses want to protect their trademarks, delegates told a seminar in HCM City yesterday (Wednesday).

PVN told to grow by restructuring

Date: 14/07/2016

The Vietnam National Oil and Gas Group (PVN) should promote further restructuring of its enterprise and products to increase competition and efficiency in operations, Deputy Prime Minister Trinh Dinh Dung said.

Foreign garment, textile tech companies bank on Vietnam

Date: 14/07/2016

Foreign companies providing technology solutions for textile, garment, and footwear production have been increasingly active in Vietnam, taking advantage of the expected growth of the industry.

German investor to build solar power plant

Date: 13/07/2016

The German ASEAN Power Company plans to build a solar power plant in the central city with an investment of US$400 million, a senior official of the company has said.

VN, Romania to boost two-way trade

Date: 13/07/2016

Việt Nam and Romania should foster bilateral relations in potential sectors and accelerate exchanges of high level delegations and business communities in order to draw up new practical measures to increase future two-way trade.

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