News

On the sidelines of World Economic Forum on Mekong (WEF-Mekong) that was organised in Hanoi on October 25, Vice Chairman of Hanoi People`s Committee Nguyen Toan Doan met with business representatives who are participating in the forum.

At the talks with Prime Minister (PM) Nguyen Xuan Phuc in Hanoi on October 25, Lao PM Thongloun Sisoulith said that his Government has agreed with Vietnam`s proposal on building Vientiane-Hanoi highway.

Prime Minister Nguyen Xuan Phuc affirmed that Vietnam always hopes to promote its friendship and multi-faceted cooperation with Uruguay, and is also willing to serve as the gateway to ASEAN for enterprises from Uruguay during his reception for visiting Foreign Minister of Uruguay Rodolfo Nin Novoa in Hanoi.

Chairman of the Eurasian Development Bank (EDB) `s Management Board Dmitry Pankin expressed his wish that all 12 candidates, including Vietnam, can be admitted to the bank at the end of 2017.

Bulgarian Minister of Economy Bonzidar Lukarsky appreciated that the Vietnam-Bulgaria Business Forum held in Hanoi on October 17 serves as a good chance for enterprises of the two countries to learn about each other market, approach and take advantage of cooperation and investment opportunities in various fields.

South Korea`s stock market operator said Wednesday it has signed a contract with its Vietnamese counterpart to set up the IT infrastructure for the Southeast Asian nation`s equity trading.

Asset management company VinaCapital announced on October 13 at its annual investor conference that it expects to set up next month a domestic fund for foreign investors and raise 5 million USD.

A seminar to highlight opportunities and challenges in the Vietnamese market has been organised by the Asia Society and Australia - Vietnam Young Leadership Dialogue in Sydney, Australia.

Switzerland will continue helping Vietnam in pursuing comprehensive and sustainable growth and improving the living conditions of locals, Swiss Minister of State for Economic Affairs Marie-Gabrielle Ineichen Fleisch said at the working day with the Vietnamese Ministry of Planning and Investment in Hanoi on October 11.

The Vietnam Country Partnership Strategy (CPS) for 2016-2020 proposes maintaining the lending of the Asian Development Bank (ADB) to Vietnam at around 1 billion USD each year, the ADB in Vietnam released at a conference in Hanoi on October 11.

The final railway beams of the Cat Linh-Ha Dong urban railway, that has a length of 13 km, were inserted at Van Khe station on October 8, finishing the basic infrastructure of the skytrain project.

GE Aviation is providing the newest technologies to Vietnamese airlines, treating Vietnam as a focal point as the country grows into a regional hub of business and tourism.

According to the reports of the World Bank and the Asian Development Bank (ADB) revealed recently pointed out that they are optimistic about Vietnam’s economic outlook thanks to strong foreign direct investment (FDI).

A delegation of officials and businesspeople from member countries of the Southern Common Market (Mercosur) will visit Vietnam, Singapore and Indonesia from October 10-23, President of the Mercosur-ASEAN Chamber of Commerce Rodolfo Caffaro Kramer announced on October 8.

Chairman of Hanoi People`s Committee Nguyen Duc Chung had a meeting with newly-appointed Singaporean Ambassador to Vietnam Catherine Wong on October 7.

Developing brands for Vietnam’s export commodities will help improve those products’ competitiveness in global markets, Bruno Angelet, Ambassador and Head of the EU Delegation to Vietnam said at a recent workshop in Hanoi.

The Vietnam Trade Office in Thailand along with the Thailand Board of Investment (BOI) and the Federation of Thai Industry held a workshop in Bangkok on October 6 to encourage Thai businesses to invest in the supporting industry in Vietnam.

According to a quarterly report of the Ministry of Construction in September, the supply of apartments in Hanoi and HCM City is high and prices are steady.

The northern province of Hai Duong has attracted 202 million USD in foreign direct investment since the beginning of this year, as heard a local meeting on October 3 between the provincial Commission for Popularisation and Education and Hai Duong newspaper.

From January to September, Vietnam enjoyed a trade surplus of 2.7 billion USD. The foreign-invested sector gained a trade surplus of 17.1 billion USD while the domestic sector suffered a trade deficit of 14.4 billion USD.