Tuesday, August 23, 2016

The Business Times: Russian expert: Vietnam attractive to foreign investors

The Business Times: Russian expert: Vietnam attractive to foreign investors

Link to Vietnam Business News

Russian expert: Vietnam attractive to foreign investors

Posted: 21 Aug 2016 05:43 PM PDT

Illustrative image (Source: VNA) Moscow (VNA)– A Russian expert on Asia-Pacific and the ASEAN from the Russian Institute for Strategic Studies has hailed Vietnam as an attractive market for investors and a highly competitive economy. In a recent interview granted to Vietnam News Agency, Maria Stanislavovna Zelenkova highlighted Vietnam's economic achievements with a 6.6 percent

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Mexico studies Vietnam’s garment-textiles

Posted: 21 Aug 2016 05:43 PM PDT

Illustrative image (Source: VNA) Mexico City (VNA)– A delegation from the National Chamber of Textile, Industry of Mexico (Canaintex) will make a trip to Vietnam from August 27-28 to explore the garment-textile sector. The delegation is scheduled to visit seven factories and one industrial zone to study the process of making fiber and apparel products.

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Vietnam urged to boost supporting industry

Posted: 21 Aug 2016 05:43 PM PDT

Illustrative image (Source: cafef.vn) HCM City (VNA)— Vietnamese businesses in supporting industries need to become more competitive to enter the global supply chain, a forum heard in HCM City recently. Truong Thi Chi Binh, director of the Supporting Industry Development Enterprise Centre, told the Nepcon Vietnam Forum that the number of Vietnamese firms in the

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Ministry eyes promoting stable realty market

Posted: 21 Aug 2016 05:43 PM PDT

A view of urban areas in west of Sai Gon River in HCM City (Photo: VNA) Hanoi (VNA)– The construction ministry is drafting a project on management of the property market through six measures to support transparency and stability, Minister of Construction Pham Hong Ha said. The minister said at a meeting with property developers

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Ha Giang boosts border trade with Chinese locality

Posted: 21 Aug 2016 05:43 PM PDT

Border trade promotion conference between Vietnamese and Chinese firms held in Ha Giang province (Source: hagiang.gov.vn) Ha Giang (VNA)– The northern mountainous province of Ha Giang will promote trade with China 's southwestern province of Yunnan, a local official has confirmed. Director of the centre for industrial encouragement and trade promotion Le Thi Thu Hang

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Minister suggests develop shrimp as national strategic product

Posted: 21 Aug 2016 05:43 PM PDT

Processing shrimp for exports (Photo: VNA) Hanoi (VNA)– Minister of Agriculture and Rural Development Nguyen Xuan Cuong has suggested developing shrimp as a national strategic product as it can contribute to agriculture growth in the rest of 2016. The shrimp sector needs to build a strong brand in the global market, he said, adding that

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Thailand leads in exporting automobiles to Vietnam

Posted: 21 Aug 2016 05:43 PM PDT

Illustrative image (Source: http://autobikes.vn) Hanoi (VNA) –Thailand ranked first among automobile exporters to Vietnam over the last seven months, with a volume of 18,837 units worth 343 million USD, representing increases of 55 percent in volume and 73 percent in value compared to the same period last year. Statistics from the General Department of Vietnam

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Foreign firms dominate Vietnam’s cosmetics

Posted: 21 Aug 2016 05:43 PM PDT

A Korean cosmetic shop in HCM City (Illustrative image. Source: VNA) HCM City (VNA)– Vietnamese cosmetic producers are losing their domestic market share because of not investing in developing brands and improving packaging, a conference heard in HCM City on August 19. Deputy Chairman of the Vietnam Essential Oils, Aromatherapy and Cosmetics Association Nguyen Van

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Hai Phong Port to be international gateway by 2020

Posted: 21 Aug 2016 05:43 PM PDT

Goods are unloaded at Hai Phong port (Photo: VNA) Hanoi (VNA)– The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020. The goal was set under the planning for seaports

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Aug 22: HNX-Index Sinks Third Day on Thin Trading

Posted: 21 Aug 2016 05:42 PM PDT

Aug 22: HNX-Index Sinks Third Day on Thin Trading Stocks on the Hanoi Stock Exchange slumped for a third day in a row on Monday as traders continued to sell local shares to avert further downward risks. Liquidity dropped to a six-month low. The investor confidence eroded as traders shrugged off local shares on fears

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