NEWS

Vietnam making headways in fight against IUU fishing

“Growth and development is a marathon, not a sprint,” Prime Minister Nguyen Xuan Phuc emphasised and set the goal of raising Vietnam to become a new "economic tiger" in Asia.   The yellow card issued by the EU is keeping the EVFTA from being ratified   Ambassador Bruno Angelet, head of the Delegation of the European Union to Vietnam, told VIR, “Vietnam is taking it very seriously..

Vietnam striving to become new "economic tiger”

“Growth and development is a marathon, not a sprint,” Prime Minister Nguyen Xuan Phuc emphasised and set the goal of raising Vietnam to become a new "economic tiger" in Asia.   Prime Minister Nguyen Xuan Phuc speaking at Vietnam Economic Forum    At the high-level policy dialogue with the theme of “Fast and sustainable economic growth: existing challenges and new motivation”..

Improving productivity in the context of industrialisation

As Industry 4.0 exerts a sharp effect on the economic structure, development, growth rate, and the models of business and labour usage, Vietnam Economic Forum was organised today to provide specific solutions for Vietnam to seize advantages in production and improve productivity, contributing to the improvement of growth quality and economic competitiveness.      Vietnam’s economic..

Vung Ro Petroleum shakes hands with DenimoTech

Vung Ro Petroleum Co., Ltd. (VRP), the operator of Vietnam's third oil refinery located in the central province of Phu Yen and backed by the UK-based Technostar Management Limited, today signed a co-operative agreement with DenimoTech, a Denmark-headquartered firm, aiming to provide turnkey solutions for the petroleum by-product sector and aid the implementation of VRP’s new manufacturing plant..

New circular puts ASEAN incentives in SMEs’ reach

With a view to increasing Vietnam’s exports to ASEAN, the Ministry of Industry and Trade has taken a new step to help enterprises boost their shipments to regional markets.   A lowered bar for the self-certification of goods origin should open the ASEAN market to more local firms Photo: Le Toan   The Ministry of Industry and Trade (MoIT) recently issued Circular No.27/2017/TT-BCT,..

Agriculture revival with private funds

A new wave of private agricultural investments has surged in the country, helping to super-charge the capital-poor agricultural sector.   Optimism is high in Vietnam’s agricultural sector as investments rise nationwide, Photo: Le Toan   Over the next two weeks, locally-owned TH Group will start construction of a large-scale dairy farm and processing plant in the south-central province..

Foreign investors authorised to establish wholly-owned logistics companies in Vietnam

Foreign investors will be permitted to establish their wholly foreign-owned companies providing logistics services, following Decree No.163/ND-CP, which will come into effect on February 20.   The logistics market is now open for foreign businesses   Accordingly, the logistics services will be divided into 16 main types, including container loading and unloading (excluding airports),..

Special economic zones ready to launch

Special economic zones (SEZs) seem to be ready to launch after 20 years of waiting for the completion of the draft Law on Special Economic Zones. Meanwhile, consideration and appraisal have been carried out quickly to approve SEZ projects.   The draft Law on Special Zones is nearing completion   Choosing a governance model for SEZs The National Assembly (NA)’s Law Committee held a..

Dcorp R-Keeper aims to bring local F&B up to speed

As Vietnam’s food and beverage sector booms, technology is poised to revolutionise the way restaurant chains operate and interact with customers.     James Duong Nguyen, general director of Dcorp R-Keeper Vietnam, talked with VIR’s Van Thu about his thoughts on increasing tech uptake in the industry.   Vietnam has seen an increasing number of restaurant chains in recent years...

VN calls for increased investment from UK

Deputy Prime Minister and Foreign Minister Phạm Bình Minh yesterday called on the British Government to encourage the country’s enterprises to intensify investment and business activities in Việt Nam.   Deputy Prime Minister and Foreign Minister Phạm Bình Minh (R) receives Foreign and Commonwealth Office Minister of State for Asia and the Pacific, Mark Field yesterday. - Photo..

Idemitsu Kosan to build 2nd petrol station

Japanese oil firm, Idemitsu Kosan Co Ltd (Idemitsu), plans to build a US$1 million Dinh Vu Port Petrol Station.   Japanese oil firm, Idemitsu Kosan Co Ltd (Idemitsu), plans to build a US$1 million  Dinh Vu Port Petrol Station.- VNS Photo   The petrol station will be located in Dong Hai 2 Ward, Hai An District, in the northern Hai Phong Port City.   If approved, this would be..

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