Australian Investors Interested in Ho Chi Minh City Economy

Australian Investors Interested in Ho Chi Minh City

The Chairman of the Ho Chi Minh City People's Committee invited Australian businessmen to invest in the city.
India best among top economies in taming inflation and maintaining growth on high road Economy

India best among top economies in taming inflation and maintaining growth on high road

Calibrated steps undertaken by Government of India and RBI not only contained the high inflation trajectory but also maintained growth at high road among the top economies. India’s inflation trajectory is within the target band of central bank while many of the top 10 leading economies are still struggling to bring inflation at their tolerance levels. India will remain an attractive investment destination for the global investors on the back of high GDP growth, softening inflation trajectory and a solid fiscal consolidation path
Vietnam's banks more open for EU investors under newly-approved trade pact

Vietnam's banks more open for EU investors under newly-approved trade pact

Economy
Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Việt Nam’s commitments in the EU-Việt Nam Free Trade Agreement (EVFTA).
February 17, 2020 | 12:56
Ten years of efforts to seek for “sweet fruit” EVFTA

Ten years of efforts to seek for “sweet fruit” EVFTA

Economy
The European Parliament (EP) recently voted to officially ratify the European Union-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). After nearly 10 years of negotiations, the approval of the EVFTA by both Vietnam and the EU has offered a new horizon for greater and more comprehensive cooperation and stronger development, meeting the needs of the people and businesses of the two sides.    
February 16, 2020 | 23:06
EVFTA brings chances and challenges to local agricultural production

EVFTA brings chances and challenges to local agricultural production

Economy
The new trade agreement between Vietnam and the European Union opens many doors for agriculture, according to experts.
February 16, 2020 | 22:05
Border localities asked to resume trade with China

Border localities asked to resume trade with China

Economy
Minister of Industry and Trade Tran Tuan Anh has asked the northern provinces of Lang Son and Quang Ninh to resume imports, exports and transport of goods through three sub-border gates in the two localities after a suspension due to the outbreak of the coronavirus disease (COVID-19).
February 16, 2020 | 21:44
Vietnam’s tourism sector could lose US$ 5bln due to COVID-19

Vietnam’s tourism sector could lose US$ 5bln due to COVID-19

Travel
Due to an impact of Covid-19 epidemic, the number of foreign visitors to Vietnam will continue to decrease sharply by 50- 60 percent in the upcoming time as the country has a land border with China and reported to have Covid19-positive cases.
February 14, 2020 | 10:39
MARD Minister urges early detection of avian influenza outbreaks

MARD Minister urges early detection of avian influenza outbreaks

Economy
Minister of Agriculture and Rural Development (MARD) Nguyen Xuan Cuong on February 13 urged localities to keep close watch for the early detection and swift settlement of any avian influenza outbreaks.
February 14, 2020 | 10:25
Kuwait Embassy supports Vietnamese watermelon farmers

Kuwait Embassy supports Vietnamese watermelon farmers

Economy
The Embassy of Kuwait has purchased two tonnes of watermelon to help farmers in Vietnam’s Bang Giang province as the Vietnam’s agricultural exports are facing difficulties due to the acute respiratory disease caused by the novel coronavirus (COVID-2019).
February 13, 2020 | 15:31
German investors recognise Vietnam’s efforts in COVID-19 fight

German investors recognise Vietnam’s efforts in COVID-19 fight

Economy
Up to 44 percent of German investors recognise the prompt and effective response by the Vietnamese Government to the new coronavirus (COVID-19) outbreak, according to a survey announced by the German Industry and Commerce in Vietnam (AHK) on February 12.
February 13, 2020 | 09:46
European Parliament ratifies EU-Vietnam trade pact

European Parliament ratifies EU-Vietnam trade pact

Economy
The European Parliament on Wednesday ratified an EU free trade accord with Vietnam. 
February 13, 2020 | 09:14
2019-nCoV epidemic affects tourism and exports in Vietnam

2019-nCoV epidemic affects tourism and exports in Vietnam

Travel
The cancellation of thousands of air tickets and hotel reservations, and lower sales of agricultural products, especially to China, are the first symptoms of what the Vietnamese economy could suffer from the new coronavirus.    
February 12, 2020 | 15:36
Pork supply expected to recover from this month: MARD

Pork supply expected to recover from this month: MARD

Economy
The Ministry of Agriculture and Rural Development (MARD) said that the domestic pork supply is forecast to increase from February.
February 12, 2020 | 15:33
Vietnam’s northern port city will develop more economic zones in 2020

Vietnam’s northern port city will develop more economic zones in 2020

Economy
The Vietnam’s northern port city of Hai Phong planned to establish a number of new industrial zones this year, head of the provincial management board of economic zones Phạm Văn Mợi said.
February 11, 2020 | 10:23
Textiles firms launch emergency production of antibacterial masks

Textiles firms launch emergency production of antibacterial masks

Economy
Textiles businesses, including several with no prior experience, have begun producing antibacterial masks after authorities announced a daily need of 10 million. 
February 11, 2020 | 10:21
Qatar's Embassy "rescues" 4 tons of watermelon

Qatar's Embassy "rescues" 4 tons of watermelon

Economy
The Embassy of the State of Qatar in Hanoi has provided much needed relief for farmers in Vietnam’s central region by purchasing four tonnes of un-consumed watermelon due to the impact of acute respiratory disease caused by the novel coronavirus (2019-nCoV), announced the embassy on Monday (Feb 10).
February 10, 2020 | 23:48
Vietnam, US jointly study vaccine against African swine fever

Vietnam, US jointly study vaccine against African swine fever

Economy
The Ministry of Agriculture and Rural Development has suggested the US Department of Agriculture (USDA) transfer virus samples to Vietnam to study and produce vaccine against African swine fever (ASF) in the country.
February 10, 2020 | 22:36
Coronavirus outbreak impacts Vietnam’s trade with not only China: official

Coronavirus outbreak impacts Vietnam’s trade with not only China: official

National
The outbreak of the 2019 novel coronavirus (2019-nCoV) has affected Vietnam’s trade with not only China but also other markets, said Deputy Minister of Industry and Trade Do Thang Hai.
February 10, 2020 | 21:49
Coronavirus outbreak forces Vietnamese, Chinese border resident exchange reschedule

Coronavirus outbreak forces Vietnamese, Chinese border resident exchange reschedule

Economy
The exchange between Vietnamese and Chinese border residents, initially scheduled on February 10, is set to take place later this month due to impact of the novel coronavirus (nCoV).
February 08, 2020 | 16:10
Bamboo Airways starts selling tickets from Prague to Hanoi

Bamboo Airways starts selling tickets from Prague to Hanoi

Economy
Bamboo Airways started selling tickets from Prague, the capital of the Czech Republic, to  Hanoi. The carrier will deploy the Boeing 787-9 twice a week from March 29.
February 06, 2020 | 14:58
Two growth scenarios amid coronavirus outbreak

Two growth scenarios amid coronavirus outbreak

Economy
Minister and Chairman of the Government Office Mai Tien Dung mentioned two growth scenarios for the country amid the coronavirus (nCoV) outbreak, during a press conference in Hanoi on February 5 following the government’s monthly meeting.
February 05, 2020 | 23:48
PM orders attention to bird flu fight

PM orders attention to bird flu fight

Economy
Prime Minister Nguyen Xuan Phuc has ordered ministries, agencies and authorities of centrally-run cities and provinces to strengthen measures in the fight against the A/H5N1 flu on poultry and humans, while the acute respiratory disease caused by the novel coronavirus (nCoV) is spreading.
February 05, 2020 | 23:44
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