UN to fund VN industrial strategies

Date: 20/06/2016

The Ministry of Industry and Trade (MoIT) and the United Nations Industrial Development Organisation (UNIDO) launched a project Friday to support the Vietnamese Government in building industrial strategies.

Confectionery giant KIDO plans to sell remaining 20 pct stake in snack unit

Date: 20/06/2016

KIDO Corp. (formerly Kinh Do Corp.) plans to sell its remaining stake in its snack business to a foreign company this year, local media reported Friday.

Over 1 billion USD in FDI poured into Binh Duong

Date: 20/06/2016

Southern Binh Duong province attracted 1.097 billion USD in foreign direct investment (FDI) as of mid-June, equivalent to 78.3 percent of its yearly plan and up 8.3 percent against the same period of last year, according to the provincial People’s Committee.

Russia’s KAMAZ wants to boost truck export to Vietnam

Date: 19/06/2016

Russia’s biggest truck producer KAMAZ plans to increase its export to Vietnam from 700 trucks in 2015 to 1,000 ones this year.

Policies give preferences to FIEs, neglect domestic enterprises

Date: 19/06/2016

There are 40 state financial funds established to support Vietnamese enterprises to develop its production. However, most private businesses say they cannot receive any support from the state.

Trade with Romania falls short

Date: 19/06/2016

Bilateral trade relations between Việt Nam and Romania still falls short of potential, a business conference heard yesterday in the capital.

Russia inks oil supply deal with Vietnam

Date: 19/06/2016

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 investor looks to develop amusement park in Ha Nam

Date: 19/06/2016

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.

Vietnamese startups not ready to enter bourse

Date: 19/06/2016

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 to reach new level of int’l integration: official

Date: 18/06/2016

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.

Over 1mln USD for developing industrial strategies

Date: 18/06/2016

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.

Listed firms must adopt IFRS in 2020

Date: 18/06/2016

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.

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