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Exports to Belgium reached a value of US$965 million in 2008, an increase of 14 per cent over the previous year, according to the Viet Nam Department of Customs.
The Ministry of Health (MOH) is calling on foreign pharmaceutical firms to increase investments in drug manufacturing in Vietnam, especially for products made from local inputs.
Viipip.com - In the morning of 7th April, Grand – Place Vietnam ( a member of Grand – Place Group, 100% of Belgium capital) came into operation in Vietnam – Singapore Industrial Park in Thuan An District, Binh Duong Province.
Vietnam began to feel the knock-on effects of the global recession as the government announced that the total foreign direct investment (FDI) registered during January 2009 was just 200 million USD, an 8.5-time drop year-on-year.
Ba Ria-Vung Tau Province will license nearly US$5 billion worth foreign-invested projects in the first few days of the Year of the Buffalo.
The economy faced many severe challenges last year but thanks to measures initiated by the government, it performed well.
Industrial production in November was at an 11-month low, showing a year-on-year growth rate of only 15 percent, said the general Statistics Office (GSO).
Vietnam and several nations in the Middle East have recently signed trade agreements, paving the way for the two sides to increase bilateral cooperation. This is a good chance for Vietnamese businesses to penetrate a market of more than 250 million consumers.
OneEnergy, a joint venture between the CLP Group and Mitsubishi, and state-owned electricity utility Vietnam Electricity have signed a memorandum of understanding for the development and ownership of phases 3.1 and 3.2 of the Vinh Tan power complex in the Binh Thuan province of Vietnam.
The effects of its two-year WTO membership on the Vietnamese wooden products, handicraft and fishery industries were the major topics of a seminar held in Ho Chi Minh City on Nov. 28.
VietNam could be one of the countries with a high economic growth in the world during the period of 2005-2025 with an estimated average growth rate of 8% per year, citing a recent report released by Spain’s SEE economic analysis firm.
Fallout from the global financial crisis and the knock-on effect of economic recessions affecting many countries have had a negative impact on Vietnamese exports, with export values continually declining since September.
