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Asia-Pacific kickstarts first talks in bid to create trade super bloc

Asia-Pacific kickstarts first talks in bid to create trade super bloc Rice is loaded onto a boat for export. Viet Nam exported nearly 1.4 million tonnes of rice worth US$616 million in the first quarter of this year. — VNA/VNS Photo Dinh Hue BANDAR SERI BEGAWAN (VNS)— Sixteen Asia-Pacific nations including Japan and China held the first round of negotiations ... Read More »

APEC workshop discusses business continuity planning

Asia-Pacific Economic Cooperation (APEC) officials are gathering at two seminars in Hanoi to discuss measures for business continuity planning ( BCP ) despite the potential impacts of natural disasters. The events are co-organised from May 8-10 by Vietnam and Australia in the framework of an initiative to help businesses resume operations and production after natural disasters, approved by APEC’s Emergency ... Read More »

Economic zone lets tourists buy duty-free goods

Economic zone lets tourists buy duty-free goods A new regulation on buying and selling tax-free goods approved by the People’s Committee of southern Tay Ninh Province was implemented at Moc Bai Border Gate Economic Zone from Tuesday.— VNS File Photo TAY NINH (VNS)— A new regulation on buying and selling tax-free goods approved by the People’s Committee of southern Tay ... Read More »

Bac Ninh attracts more foreign-invested projects

Bac Ninh attracts more foreign-invested projects Que Vo II Industrial zone in Bac Ninh.— VNS File Photo BAC NINH (VNS)— The northern province of Bac Ninh last month granted licences to 11 new foreign-invested projects with a total registered capital of US$18.3 million, local authorities said. This brought the number of licensed projects in the province over the past four ... Read More »

Pharmaceutical expo

Innovation, creativity help firms survive The deputy director of Minh Long Company, a leading porcelain producer in Viet Nam, surprised participants at a recent conference held in HCM City when he told them that one of his staff members had been given a VND70 million (US$3,400) bonus. <!– –> Read More »

Finance group urges rate cut

VietNamNet Bridge – The National Financial Supervisory Committee has suggested a further cut in the deposit interest-rate cap to 7 per cent to bring down lending rates to around 10 per cent. Thuan Binh rice paper factory is in full swing in southern Tien Giang Province. The National Financial Supervisory Committee has suggested a further cut in the deposit interest-rate ... Read More »

Vietnam businesses see weakness in technology

The competitiveness of Vietnamese businesses in technology is still weak. This is the conclusion of a seminar co-organised by the Danish International Development Agency and the Central Institute for Economic Management in Hanoi on May 8. According to a survey, which the institute conducted on 8,000 businesses in Vietnam, although many businesses participate in activities to improve their technological application, ... Read More »

Gold serves as a tool for central bank to regulate capital supply

VietNamNet Bridge – Some 15 tons of gold has been sold by the State Bank of Vietnam through bidding. It is estimated that VND15 trillion has been taken back from the gold sale. In late 2012 and early 2013, the central bank bought foreign currencies continuously. The net purchase of $5 billion was made just within a short period. The ... Read More »

Foreign home buyers expanded to boost property market

Expanding foreign home buyers is now very necessary to help foreigners enjoy a better life in Vietnam as well as help boost the domestic real estate market. The Vietnam Law and Legal Forum magazine published by the Vietnam News Agency highlighted this issue in its issue No. 224 – April 2013. Four years after Vietnam allowed foreigners to buy homes ... Read More »

New office helps strengthen Vietnam-Italy links

A Vietnam office in the northern Emilia-Romagna region of Italy made its debut on May 8, acting as a direct link to boost economic and trade ties between the two sides. Addressing the opening ceremony, Vietnamese Ambassador to Italy Nguyen Hoang Long said the office will help share information and promote investment and cooperation between Vietnam and the region in ... Read More »