Vietnam to reform rice production, improve exports
Vietnam will reform rice production to gain sustainable development in the production and export of rice, according to Vietnam's Rice Market Development Strategy from 2017 to 2020.
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Vietnam will reform rice production to gain sustainable development in the production and export of rice, according to Vietnam's Rice Market Development Strategy from 2017 to 2020.
A new mountain road tunnel opened to traffic on August 21, helping to reduce the travel time through the Deo Ca Pass between Phu Yen and Khanh Hoa provinces from 60 minutes to just ten minutes.
FDI flows into Vietnam, including capital from newly registered projects, capital added to existing projects and capital used to buy shares, was US$21.93 billion in the first seven months of 2017, up 52% over the same period of 2016.
Do Nhat Hoang, head of the Foreign Investment Agency under the Ministry of Planning and Investment, has underlined the need for Vietnam to further improve its investment environment in order to attract more Japanese businesses.
Mozambique's Prime Minister Carlos Agostinho do Rosario has called upon Vietnamese businesses to engage more in trade, oil and gas, marine transport, and processing farm produce and seafood to soon realise the trade target set by the two countries' leaders.
After 30 years of strong and stable growth, the Vietnam economy is moving into a more challenging period. Although many of its economic fundamentals remain strong, the country's manufacturing industry need to shift its productivity to higher standard.
Disbursed foreign direct investment in 2017 was estimated at US$9.05 billion as of July 20, up 5.8% over the same period last year, according to the report of Foreign Investment Agency under the Ministry of Planning and Investment.
Ninh Binh's Department of Industry and Trade has over the years cooperated with relevant branches, and sectors to launch synchronous measures to improve the investment environment, remove difficulties, and increase competitiveness for enterprises.
According to the General Statistics Office (GSO), the total social investment in the first half of 2017 increased by 10.5% compared to the same period last year, equivalent to 32.8% of the GDP,
Prime Minister Nguyen Xuan Phuc had a dialogue with leading German businesses operating in various fields such as information-technology, finance, healthcare, agriculture, and hi-tech industry in Berlin in July 6th.
The Ministry of Planning and Investment has licensed two thermo-electric plants in the northern province of Nam Dinh and Thanh Hoa province in the central region.
President Tran Dai Quang and his Russian counterpart Vladimir Putin on June 29 (local time) expressed particular interest in strengthening commercial cooperation, agreeing on investing more than 10 billion USD in both country.
The exports of agricultural-forestry-aquatic products in June reached US$2.97 billion, raising the total export value in the first half of the year to US$17.1 billion, a year-on-year increase of 13.1%, according to the Ministry of Agriculture and Rural Development.
Protecting the property rights to artificial forests and cultivated aquatic animals is of the utmost importance to attracting private investment in aquaculture and forestry, a recent report on the Vietnamese economy has concluded.
PetroVietnam Power Corporation (PV Power), a subsidiary of State-owned energy giant PetroVietnam, will invest in nine gas-fired power plants by 2025.
Director General of the Korea Industrial Complex Corp (Kicox) Mr Bae Euon Hee and representatives of other enterprises of the Republic of Korea visited the nothern province of Ninh Binh on June 15 to learn about economic and investment situations and seek partnerships in the locality.
The commitment signed by the Vietnam Chamber of Commerce and Industry (VCCI) and all 63 provinces and cities in the spirit of the Governmental Resolution 35 on creating a favourable business environment for enterprises has initially produced positive results.
Vietnam exported about 79.3 billion USD worth of commodities in the first five months of 2017, an increase of 17.4 percent from the same period last year.
The PM has recently approved a project on the restructuring of State-owned enterprises (SOEs) in the period of 2016-2020, with a focus on State-owned economic groups and corporations.
As many as152 new companies have been formed in Ninh Binh in the first quarter of this year ,representing a year-on-year increase of 10%, reported the Department of Planning and Investment.
Agricultural and economic experts gathered at a Hanoi conference on May 24 to discuss the measures needed to recognise and re-position market for agricultural products in Vietnam.
Vietnam is willing to cooperate with Madagascar in the fields it is strong in and Madagascar has demand for, such as agriculture, trade and investment.
Over the past few years, Ninh Binh has implemented numerous policies to support firms overcome difficulties, and boost manufacture in a bid to develop the industrial sector.
The export value of agro-forestry-aquatic products reached 10.8 billion USD in the first four months of 2017, a year-on-year surge of 9.1 percent, according to the Ministry of Agriculture and Rural Development.
In the first quarter of 2017, foreign direct investment (FDI) flows kept moving strongly into the real estate market, showing the rising heat and appeal of the Vietnamese property sector.