The Business Times: Strong inflow of FDI forecast to continue

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• Strong inflow of FDI forecast to continue
• 200 billion JPY in ODA pledged for Vietnam in 2014
• Vietnam posts high textile exports
• Rice exports hit nearly 150 million USD in February
• Exports to Japan reach US$2.2 bil in two months
• Vietnam-Spain trade records impressive growth
• Seminar discusses impacts of Vietnam-EU trade deal
• Farmers to learn benefits of genetically modified crops
• Vietnamese IT firms endangered with brain drain
• Mar 06, 2014: StoxPlus morning brief

Strong inflow of FDI forecast to continue Posted: 05 Mar 2014 10:06 PM PST The strong flow of foreign direct Investment (FDI) into Vietnam will continue in the 2015-2020 period as multinational groups lineup to partner with the nation on a host of projects. The forecast was made by leading economists and business professionals during an online discussion recently held by the newspaper Bizlive. Vietnam Association of Foreign Invested Enterprises […] The post Strong inflow of FDI forecast to continue appeared first on Vietnam Business News.

200 billion JPY in ODA pledged for Vietnam in 2014 Posted: 05 Mar 2014 10:05 PM PST Japan will source at least 200 billion Yen in official development assistance (ODA) for Vietnam in 2014 – equivalent to the previous year's figure. This figure was unveiled by Japan International Cooperation Agency (JICA) Chief Representative Mori Mutsuya at a press briefing in Hanoi on March 6. Mori highlighted the fruitful bilateral relations in recent […] The post 200 billion JPY in ODA pledged for Vietnam in 2014 appeared first on Vietnam Business News.

Vietnam posts high textile exports Posted: 05 Mar 2014 09:58 PM PST The garment and textile industry in the first two months of this year gained a year-on-year increase of 30.1 per cent in export value to reach 3.2 billion USD. According to the Ministry of Industry and Trade, the industry had a surge of 44.9 percent in export value in February to reach 1.3 billion USD. […] The post Vietnam posts high textile exports appeared first on Vietnam Business News.

Rice exports hit nearly 150 million USD in February Posted: 05 Mar 2014 09:55 PM PST Vietnam shipped 330,501 tonnes of rice abroad in February, earning 147.08 million USD, up 7.57 percent in volume and 15.3 percent in value according to the Vietnam Food Association (VFA). The VFA also reported that the average price rose by 29.89 USD per tonne, with the FOB (free on board) price standing at 445.03 USD […] The post Rice exports hit nearly 150 million USD in February appeared first on Vietnam Business News.

Exports to Japan reach US$2.2 bil in two months Posted: 05 Mar 2014 09:53 PM PST The cumulative Vietnam-Japan import-export turnover jumped 15.1% against the same period last year and stands at US$4.02 billion according to Vietnam Customs.   Of the figure, Vietnam's exports to Japan topped out at US$2.2 billion, up 22.8% while imports from Japan were US$1.7 billion, up 6.3%. Japan is one of Vietnam's crucially important trade markets, […] The post Exports to Japan reach US$2.2 bil in two months appeared first on Vietnam Business News.

Vietnam-Spain trade records impressive growth Posted: 05 Mar 2014 09:49 PM PST Vietnam – Spain trade in goods surmounted a record amount of 2.16 billion EUR last year, with rises in exports from both sides. Preliminary statistics released by Spanish Customs showed that the figure represents a year-on-year increase of 6.48%. Vietnam shipped goods valued at over 1.9 billion EUR to the southern European nation, up 4.9%, […] The post Vietnam-Spain trade records impressive growth appeared first on Vietnam Business News.

Seminar discusses impacts of Vietnam-EU trade deal Posted: 05 Mar 2014 09:46 PM PST The EU-Vietnam free trade agreement (EVFTA) should be considered alongside other agreements to evaluate the opportunities and challenges it brings about, thus aiding the renovation of Vietnam's growth model, economists have said. Experts at a March 5 seminar in Ho Chi Minh City remarked that Vietnam wants to spur export and lure more investment through […] The post Seminar discusses impacts of Vietnam-EU trade deal appeared first on Vietnam Business News.

Farmers to learn benefits of genetically modified crops Posted: 05 Mar 2014 09:44 PM PST Viet Nam must move quickly to simplify complicated procedures and encourage farmers to learn biotechnology techniques in planting domestic crops, particularly in planting genetically modified crops, agricultural experts have said. Speaking at a recent conference on global prospects in using genetically modified organisms, Nguyen Van Tuat, deputy director of Viet Nam Academy of Agricultural Sciences, […] The post Farmers to learn benefits of genetically modified crops appeared first on Vietnam Business News.

Vietnamese IT firms endangered with brain drain Posted: 05 Mar 2014 09:39 PM PST Vietnamese firms suffer a constant anxiety about the brain-drain as more and more IT engineers with fluent Japanese skills have left for Japanese invested enterprises. Analysts have noted that the demand for IT engineers with fluent Japanese skills has been increasing rapidly since more and more Japanese software outsourcing firms have been flocking to Vietnam. […] The post Vietnamese IT firms endangered with brain drain appeared first on Vietnam Business News.

Mar 06, 2014: StoxPlus morning brief Posted: 05 Mar 2014 09:35 PM PST Leaders of the State Owned Enterprises (SOEs) will get dismiss if they slow down the equitization process of the SOEs. This is the conclusion of the Vietnamese Prime Minister Nguyen Tan Dung, dddn.com.vn reported. Macro Economy Vietnam to Dismiss Leaders of SOEs If They Slow Down Equitization: PM Leaders of the State Owned Enterprises (SOEs) will […] The post Mar 06, 2014: StoxPlus morning brief appeared first on Vietnam Business News.

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