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1,500 tonnes of dragon fruit shipped to China

Up to 1,560 tonnes of dragon fruit were exported to China in the first two days of Lunar New Year. — Photo cafef.vn Viet Nam News LÀO CAI — Up to 1,560 tonnes of dragon fruit got customs clearance for export to China via the Lào Cai international border gate on February 17-18 – the first two days of Lunar New ... Read More »

Overseas remittances revive, $10 billion to Vietnam in 2017

VietNamNet Bridge – Contrary to all predictions, overseas remittances to Vietnam in 2017 increased by 10.4 percent, estimated at over $10 billion. Overseas remittance to Vietnam in 2017 increased by 10.4 percent The State Bank of Vietnam’s (SBV) HCMC Branch, in its report released in late 2017, showed that $4.55 billion had been remitted to HCMC from overseas by the ... Read More »

Manufacturing industry yet to integrate into global chain

A mobilephone assembly line at Samsung Electronics Việt Nam. The ministry said it would give support to connect local producers to foreign investment projects in Việt Nam to effectively exploit the integration process. — Photo dantri.com.vn Viet Nam News HÀ NỘI — The processing and manufacturing industry in Việt Nam has not integrated into the global production network and value ... Read More »

Online bidding is VN’s future

Pham Thy Hung, director of the Public Procurement Agency under the Ministry of Planning and Investment, speaks to the Vietnam Economic Times on the need to further promote online bidding. Will you tell us some new points contained in the Circular 04/2017 issued by the Ministry of Planning and Investment on the selection of bidders through online bidding? The Circular ... Read More »

Plastics export turnover to increase by 15 percent

Exports of plastics are expected to grow by 12–15 percent this year, according to the Vietnam Plastics Association (VPA). Ho Duc Lam, chairman of the association, said the country’s key export markets this year would be Japan and the US, which has high demand. Other markets such as China, Laos, Cambodia and Myanmar are expected to become new export markets ... Read More »

VN exporters start to add value

A shrimp processing plant in Cà Mau Province. A number of Vietnamese shrimp processors have invested in producing value-added products, heralding a new export age. — VNA/VNS Photo Viet Nam News HCM CITY — After focusing on exporting large volumes of unprocessed goods for a long time, more and more Vietnamese companies are now turning to export of processed and ... Read More »

Bank listing may boost financial sector: BSC

TPBank is one of nine joint stock commercial banks which plan to list on the stock market in 2018. — Photo baophapluat.vn Viet Nam News HÀ NỘI — The listing of nine commercial banks in 2018 is expected to boost the banking sector, as well as the entire securities market. The nine commercial banks that had planned their listing on the stock ... Read More »

Vietnam must keep up with new industrial revolution

Vietnam’s economy is changing quickly in the wake of the Fourth Industrial Revolution. Professor Nguyen Mai, former Vice Chairman of the State Committee for Co-operation and Investment (now the Ministry of Planning and Investment), writes on how this revolution can impact the country, particularly in terms of foreign direct investment. Prof Nguyen Mai The world is witnessing the development of ... Read More »