Agro, forestry, seafood exports up

The export value of agro, forestry and seafood products reached a record US$36.37 billion this year, a year-on-year increase of 13 per cent, according to the Ministry of Agriculture and Rural Development.   In 2017, the export value of fruit and vegetable reached a record US$3.5 billion,  a year-on-year growth of 43.02 per cent. - VNA/VNS Photo   The export of major agricultural..

Vietnam and Russian collaboration in automobile manufacturing

Russian automobile manufacturers (KAMAZ, GAZ, and UAZ, among others) will collaborate with Vietnamese partners to establish joint ventures to manufacture and assemble automobiles and trucks of 10 seats or more, terrain vehicles, and some specialised vehicles in Vietnam.   The amended protocol will facilitate Russian automobile manufacturers to join the Vietnamese market   On December 27,..

Eco-construction pulls new market

A Ministry of Construction circular requiring state-funded construction projects to use eco-friendly building materials is expected to lure foreign investors into this sector, bringing with them equipment and products new to the market. Nguyen Dat reports.   New circular urging green urban construction will see materials in high demand in 2018 , Photo: Le Toan   Tran Quoc Thai, a Ministry..

A tale of many seaports: FDI and its expectations

Vietnamese cities and provinces have been rushing to seek licences for large-scale and costly seaports to cash in on growing interest among domestic and international investors and rising trade, triggering concerns over a supply-demand imbalance.   There have been debates over whether optimism is riding too high in the development of Vietnam’s new seaports   After getting a..

Working on new ways to lure FDI

As local salaries rise and global trends shift, Vietnam is drafting a new foreign direct investment attraction strategy for the upcoming years, with a focus on some prioritised sectors to bring added value to the economy.   With costs rising, Vietnam needs a new FDI strategy Photo: Le Toan   Under the draft, which is being worked on by the Ministry of Planning and Investment (MPI),..

US state promotes investment in Vietnam

A high-level trade mission from the US state of Idaho recently visited Ho Chi Minh City to promote trade and investment activities in Vietnam and the southern economic hub in particular.   Director at Idaho Department of Commerce Megan Ronk  answers reporters' queries at a press conference (Source internet)   This is the third working visit of the state to Vietnam over the last nine..

VN mining investors seek long-term returns

Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.   Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for..

Samsung urged to set example in business connectivity

Deputy PM Vuong Dinh Hue called upon Samsung to set an example of business connectivity among domestic enterprises and foreign investors.   Deputy PM Vuong Dinh Hue (R) and Chairman of Samsung Viet Nam Complex Shim Won Hwan (L), Ha Noi, November 17, 2017   The Deputy PM made the point on November 17 in Ha Noi while receiving Chairman of Samsung Viet Nam Complex Shim Won..

Taisei Group targets more transport infrastructure projects

Emboldened by previous successes, Japan's Taisei Group is seeking opportunities to join new transport infrastructure projects in Vietnam.   Taiji Yanai, the representative of Taisei Group, and Minister of  Transport Nguyen Van The discussed investment options   At a meeting with Minister of Transport Nguyen Van The yesterday, Taiji Yanai, chief representative of Taisei Group in Vietnam,..

Hosting APEC opens up new FDI opportunities

      Hosting the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week, especially the APEC CEO Summit 2017 with the participation of a series of CEOs of the world’s leading group, is expected to open a new age in attracting foreign direct investment (FDI) capital from APEC economies.   It is up to Vietnam to make the most of the incoming capital from APEC economies   On..

KBEE Ho Chi Minh City comes stronger than ever

The Korea Trade & Investment Promotion Agency (KOTRA) held the Korean Brand & Entertainment Expo 2017 (KBEE 2017) at GEM Centre in Ho Chi Minh City this morning, as part of the activities celebrating the 25th anniversary of diplomatic relations between Vietnam and Korea and to promote Vietnamese-Korean friendly relations through cultural and commercial exchanges.   KBEE Ho Chi Minh..