International trade policy of South Korea and lessons for Vietnam to develop its international trade

Nguyen Thi Hanh (Thai Nguyen University of Education), Nguyen Thi Nhung (Hanoi Pedagogical University 2)

Prime Minister Nguyen Xuan Phuc highly appreciates the role of Vietnam Association of Small and Medium Enterprises and committed to facilitate SMEs

December 26, at the Government Office, Prime Minister Nguyen Xuan Phuc received more than 100 typical member enterprises of Vietnam Association of Small and Medium Enterprises (VINASME), the Prime Minister affirmed that the government would always accompany SMEs and create favorable mechanisms to support them.

Hai Phong inaugurates key transport project

A project on upgrading a section connecting Lang Am and Nhan Muc bridges in Vinh Bao district, northern Hai Phong city, was inaugurated on October 13.

Mekong Delta needs more investment for transport infrastructure

New highways in the Mekong Delta region have met transport demand, but have failed to meet the socio-economic potential of the area, experts have said.

HCM City to increase greenery, improve public lighting

Green urban planning in Ho Chi Minh City's inner districts should be based on a long-term vision to avoid wastage of land, reduce pollution and improve people's living standards, a top city leader has said.

Measures sought to make HCM City's housing market thrive

Real estate enterprises in Ho Chi Minh City are waiting for new measures to help them deal with difficulties related to policies and credit so as to grow more stably and sustainably.

Over 491 million USD invested in processing farm produce in H1

Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.

Best time for Australian investors to enter Vietnam: dialogue

Opportunities for Australian firms to invest in Vietnam have never been better than now when the Southeast Asian economy is growing rapidly, said participants at a Vietnam-Australia business dialogue held in Sydney on July 22.

Vietnamese firms to take part in India business summit

Vietnamese enterprises are set to take part in the Vibrant Goa Global Expo and Summit (VG GES) 2019 to be held in October in Goa, India, delegates have told a seminar to introduce the event in Ho Chi Minh City.

Industrial, economic zones attract 8.7 billion USD in FDI in H1

Vietnam's industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment's Economic Zone Management Department.

E-commerce needs new push to reach rural areas

E-commerce is developing rapidly in Vietnam but it needs a new push to reach rural areas and help small- and medium-sized enterprises (SMEs) reach customers, experts have said.

Vietnam's economy to overtake Singapore's in next decade: DBS Bank

If Vietnam's economy grows by 6.5 percent each year over the next 10 years, it will exceed Singapore in size by 2029, according to the Nikkei Asia Review's quoting of a DBS Bank report.

Outstanding events of 2018 National Target Programme announced

The Central Steering Committee for 2016-2020 National Target Programmes (NTPs) on May 8 announced a list of success in fulfilling the NTPs in 2018.

Economic growth model shift helps Dong Nai shine

From an agriculture-based province, Dong Nai province has turned itself into an industrial hub in the south thanks to its determination to persist the growth model shift to industry, according to local authorities.

PM Nguyen Xuan Phuc speaks of highly-skilled workers' role

Highly-skilled workers create a chance for the competitive development as Vietnam is intensively and extensively integrating into the world economy, Prime Minister Nguyen Xuan Phuc stressed at a dialogue in Ho Chi Minh City on May 5 with representatives of workers.

HCM City, Dong Nai seek urgent approval of Cat Lai bridge project

Officials of Ho Chi Minh City and southern Dong Nai province met last week to discuss details about the Cat Lai bridge project, which will connect district 2 in HCM City to Nhon Trach district in Dong Nai province.

HCM City posts 7.64 percent GDP growth in first quarter

Ho Chi Minh City's economy remained on the growth in the first quarter of this year, said Chairman of the municipal People's Committee Nguyen Thanh Phong at a review meeting in early April.

At least half of communes set to become new-style rural areas in mid-2019

Vietnam will complete the five-year target of the National Target Programme on New-Style Rural Area Building by the end of the second quarter of 2019, with at least half of all communes completing all criteria of the programme.

PM urges strong, substantive improvement of business climate

Prime Minister Nguyen Xuan Phuc has requested all-level authorities and sectors seriously implement his freshly-issued Directive 09 on solutions to remove obstacles to production and business activities so as to achieve this year's growth target.

Hanoi city leads FDI attraction in first quarter of 2019

Hanoi has been the country's top attractor of foreign direct investment (FDI) this year, luring more than than 4.05 billion USD in FDI projects as of March 20, 10 times higher than the same period last year.

Ninh Thuan gives the go ahead to new solar power project

The People's Committee in the south central coastal province of Ninh Thuan has approved the building of the 35-MWp Nhon Hai Solar Farm.

Quang Ninh tops provincial competitiveness index for two consecutive years

The northern province of Quang Ninh maintained its top spot for two consecutive years in the Provincial Competitiveness Index (PCI) 2018 that was announced in Hanoi on March 28.

Delegation of Central Steering Committee working with Ministry of Construction on anti-corruption

In the morning of March 29, in Hanoi, the Mission of the Central Steering Committee for Anti-Corruption led by Mr. Phan Dinh Trac - Secretary of the Party Central Committee to work and supervise anti-corruption work set by the government in 2018.

Ha Long Bay, Sa Pa named in list of natural wonders in Southeast Asia

Vietnam has seven tourist attractions named among 25 natural wonders in Southeast Asia voted by Fodor's Travel - a trusted resource offering expert travel advice for every stage of a traveler's trip for nearly eight decades.

Minister Pham Hong Ha attended 55th anniversary of establishment of Ha Tien Cement

On March 21 in Ho Chi Minh City, Minister of Construction Pham Hong Ha, Deputy Minister Bui Pham Khanh and other members attended the 55th anniversary of establishment of Ha Tien Cement Joint Stock Company.

Hoa Sen Group exports 15,000 tonnes of sheet metal to Europe

Hoa Sen Group announced on March 16 that it has successfully shipped 15,000 tonnes of sheet metal worth over 11.5 million USD to the UK, Germany and Italy.

Prime Minister approves securities market restructuring plan

Prime Minister Nguyen Xuan Phuc has approved a new plan that focuses on restructuring the securities market until 2025.

US real estate developers target EB-5 capital from Vietnam

US real estate developers are turning to a new, fast-growing source of cheap capital known as EB-5 from Vietnam, reported the Wall Street Journal on March 5.

Vietnam attractive destination for foreign investors: JLL real estate firm

Vietnam has become an attractive destination for foreign investors largely due to the country's policies encouraging foreign direct investment (FDI), its political stability and strong economic growth, according to the latest report of JLL real estate services firm.

Pre-feasibility study of high-speed railway project submitted to PM

Minister of Transport Nguyen Van The has submitted a pre-feasibility study report for a North-South high speed railway project to Prime Minister Nguyen Xuan Phuc.

Vietnam makes best of DPRK-USA Summit to promote tourism

Vietnam is taking full advantage of the second DPRK-USA Summit in Hanoi to promote its tourism as the whole world is paying special attention to the event and the host country, said a tourism official.

Hanoi leader lauds efficiency of Asia Foundation's projects

Chairman of the Hanoi People's Committee Nguyen Duc Chung lauded the operational efficiency of the Asia Foundation's projects in the capital city during his reception for its Country Representative in Vietnam Michael DiGregorio on February 21.

WB pledges to support Vietnam in infrastructure development

The World Bank (WB) is willing to cooperate and support Vietnam in infrastructure development, and wants to share Vietnam's experience with other countries in this sphere, said WB Vice President for Infrastructure Makhtar Diop.

Seminar discusses compiling social housing policies for Vietnam

The Ministry of Construction, in coordination with the Korea Land and Housing Corporation held a seminar in Hanoi on February 21 to discuss the building of general social housing policies in Vietnam for the 2021-2030 period.

Singaporean firms selected to design master plan for Da Nang

Da Nang authorities have selected Singaporean-based firms Sakae Corporate Advisory and Surbana Jurong to design the central city's master plan and economic development strategy towards 2030.

Foreign investors pump 6 billion USD into HCM City via M&A

As a popular investment channel for foreign investors in recent times, mergers and acquisitions (M&A) secured Ho Chi Minh City 6 billion USD in foreign direct investment (FDI) projects in 2018.

HCM City needs 10,000 classrooms for 2019-20 academic year

Ho Chi Minh City will need nearly 10,000 classrooms for 1.7 million students in the 2019-2020 academic year, according to the city's Department of Education and Training.

Vietnam's Gov't not intervene in domestic carbon steel prices: Canadian agency

There is not enough ground to say that the Government of Vietnam intervenes in the domestic prices of the carbon steel welded pipe industry, according to the final determination by the Canada Border Services Agency (CBSA).

First Vietnamese lender named in top 300 valuable banking brands

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has become the first Vietnamese lender to be named on the list of the top 300 most valuable banking brands, as recently announced by the Brand Finance.

VPBank named in Top 500 valuable bank brands for first time

The Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has been the only Vietnamese private bank to be named in the 2019 list of the world's top 500 valuable bank brands recently announced by the Brand Finance.

Businesses advised to take better advantage of FTA benefits

Vietnam's joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.

Golden Top Group visited and presented 150 gifts to low-income households living in Thanh Loc Ward

Golden Top Group have devoted considerable time and ambitious efforts passing on the faith that is 'one good turn deserves another'.

Party, State leader extends greetings on Year of Pig

Party General Secretary and President Nguyen Phu Trong extended Tet (Lunar New Year) greetings to leaders of the Party, State, Vietnam Fatherland Committee as well as the whole Vietnamese people in and outside the country at a get-together in Hanoi on February 1.

Disadvantaged people supported to enjoy Tet holiday

Ministries and localities nationwide have been implementing various programmes to help people from disadvantaged backgrounds enjoy the Lunar New Year, the biggest and most important holiday in Vietnam.

Proposal to waive toll road fees during Tet rejected

Holiday spirit seems to be in short supply at the Ministry of Transport (MoT), as the body has rejected a proposal to waive road tolls for the first three days of the Tet (Lunar New Year) holidays.

Steel producers urged to enhance product quality to compete

Enhancing product quality and optimising production costs would help domestic steel producers compete with cheap products imported from China, said Nguyen Van Sua, Vice President of the Vietnam Steel Association.

Ho Chi Minh City aims to finish metro in 2020

The Ho Chi Minh City Urban Railway Management Board (MAUR) will work with contractors, consulting firms and others to speed up the city's first metro route between Ben Thanh and Suoi Tien, a recent meeting heard.

Phu Tho should focus on industrial development: Deputy PM

The northern midland province of Phu Tho should use industrial development to drive its growth, Deputy Prime Minister Trinh Dinh Dung has said.

HCM City uses hi-technologies in water supply system

The southern largest economic hub of Ho Chi Minh City has upgraded its water supply network using advanced technologies in operation, exploitation and supply of clean water.

HCM City airport prepares for peak season during Tet holiday

Tan Son Nhat International Airport in Ho Chi Minh City has added flights and check-in counters to serve the increasing number of passengers during the peak Tet holiday season (Lunar New Year).

Hung Yen to mobilise 5.6 trillion VND for new rural area building

The Red River Delta province of Hung Yen plans to inject 5.6 trillion VND (240.8 million USD) into the new-style rural area building, aiming to have all of its communes win the status in 2019.

Thai air-con, electronics exhibitions introduced in HCM City

Thailand's Department of International Trade Promotion (DITP) and Federation of Thai Industries introduced in Ho Chi Minh City on January 18 a series of exhibitions on air-con and electronics to be held in this year.

Ministry of Construction meets media on occasion of New Year

In the atmosphere of the whole country is preparing to welcome a new year 2019, the Ministry of Construction had a press conference to meet reporters of central and Hanoi media agencies. Deputy Minister of Construction Le Quang Hung chaired a press conference.

Vietnam learns from Germany's experience in budget, tax management

A delegation of the Vietnamese National Assembly's Finance-Budget Committee led by Chairman Nguyen Duc Hai has paid a visit to Germany to learn from the country's experience in State budget and tax management.

Leader calls on whole society to support disadvantaged

Party General Secretary and President Nguyen Phu Trong called on agencies, organisations, businesses and people from all social strata to join hands in supporting disadvantaged people, while addressing an event in Hanoi on January 13.

No Vietnamese hurt in Paris gas-leak explosion

The French Ministry of Foreign Affairs said there are no Vietnamese citizens recorded among victims of the January 12 gas-leak blast in Paris.

Quang Nam province attracts 5.8 billion USD in FDI

The central province of Quang Nam licensed 26 new foreign direct investment (FDI) projects with total capital of nearly 300 million USD in 2018, bringing the total number of FDI projects in the province to 169, worth 5.8 billion USD.

Pre-feasibility study for Hoa Binh-Moc Chau expressway requested

Deputy Prime Minister Trinh Dinh Dung has requested the northern province of Son La's People's Committee submit a pre-feasibility study for the Hoa Binh-Moc Chau Expressway project to the Prime Minister for approval.

Vinh Phuc spends 4 trillion VND on building new-style rural areas

The northern province of Vinh Phuc is planning to spend more than 4 trillion VND (172.5 million USD) on the national target programme on building new-style rural areas in the 2017-2020 period.

Government intensifies support for non-cash payment methods

The Government has issued measures to boost non-cash payment methods in the country this year.

Van Don EZ needs 70.2 billion USD investment by 2050

The Van Don Economic Zone (EZ) in northeastern Quang Ninh province needs 70.2 billion USD by 2050 for its investment demands, according to the provincial People's Committee.

Deputy PM orders breakthroughs in social housing development

Deputy Prime Minister Trinh Dinh Dung has ordered the construction sector to make significant breakthroughs in the development of the affordable housing segment as its supply is increasingly scarce, while the demand for such housing is on the rise.

Ba Ria-Vung Tau targets 9.11 percent growth in industrial production

The southern province of Ba Ria-Vung Tau will strive for a growth of 9.11 percent in industrial production in 2019, according to the provincial People's Committee.

Quang Ninh province's staples to be introduced in Hanoi

A wide range of staples in the northern province of Quang Ninh will be nudged closer to consumers in Hanoi at the 'One Community One Product' (OCOP) fair which is scheduled at Big C Thang Long Super Market from January 11-15, just before Tet, the traditional New Year of Vietnam.

Vietnam Airlines, Jetstar Pacific add 120,000 seats for New Year holiday

National flag carrier Vietnam Airlines and budget carrier Jetstar Pacific have announced that between now and January 2, 2019, they will add nearly 120,000 seats on domestic flights serving increasing demand during the Calendar New Year holiday.

Manufacturing sector draws most interest from foreign investors

The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting 16.58 billion USD, or 47 percent of the registered capital.

Industrial real estate expected to boom in 2019

Foreign investment has continued to be poured into Vietnam recently, creating a driving force for industrial property development in 2019, said insiders.

Work starts to connect solarpower plants to national grid

A project to build power transmission lines and a 220kV power transformer for connecting local solar energy projects to the national grid started in Loc Ninh border district of the southern province of Binh Phuoc on December 25.

Vietnam witnesses over 4,350 successful M&A deals in 10 years

More than 4,350 merge and acquisition (M&A) deals totaling 48.8 billion USD have been executed in Vietnam during the past decade (2009-2018).

The World Bank (WB) said on December 21 that it has revised down its growth projections for the Philippines to 6.4 percent in 2018 and 6.5 percent in 2019 as persistently high inflation affects consumer spending.