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Vietnam’s southernmost province, Ca Mau, with economic strength in offshore fishing, has set an export revenue target of more than one billion USD for 2013, a year-on-year increase of 10.5 percent.
Vietnam expects to attract 13-14 billion USD in foreign direct investment (FDI) this year, according to the Ministry of Planning and Investment (MPI).
The import turnovers of many commodities subject to the Vietnam’s import restriction still remained high in 2012, and some even posted high increases, said an agency under the Ministry of Industry and Trade
The Dung Quat oil refinery plans to produce 6.5 million tonnes, a quantity that would earn VND120 trillion and contribute VND16.8 trillion to the 2013 State budget.
Malaysia’s Jaks Resources Berhad terminated the joint venture agreements with Malaysian Island Circle Investment Holding and Chinese Meiya Power for the development of its mega $2.25 billion coal-fired power plant in northern Hai Duong province.
Electronic manufacturing facilities at the VSIP-Bac Ninh outside Hanoi will benefit from on-the-spot logistics and customs services.
Export value to Viet Nam’s six largest markets include the EU, US, ASEAN, Japan, China and the Republic of Korea (RoK) surged to $88 billion in 2012, up 19.4 pct against the previous year.
According to the Ministry of Planning and Investments, Vietnamese enterprises invested in 712 projects abroad in 2012, with total registered capital of US$12.4 billion in 60 countries and territories.
The low CPI rise, the first trade surplus in 20 years, and the suspected price transfers/ tax evasion are among the economic highlights of 2012.
In 2012, twenty-five out of Vietnam’s 80 export markets recorded a turnover of more than US$1 billion, 17 markets a turnover of more than US$2 billion, and nine markets a turnover exceeding US$3 billion.
The Ho Chi Minh City People’s Committee held a conference on January 5th to summarize 10 years of the implementation of Decree 161/NĐ-CP issued by the Government on December 18th, 2003, on Regulations on maritime border areas.
