News

Hanoi (VNA) – Vietnamese firms invested 183 million USD in overseas projects in the first five months of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Hanoi (VNS/VNA) - Twelve delayed or loss making projects under the Ministry of Industry and Trade (MoIT) would be resolved by 2020, according to the ministry’s Planning Department.

Tien Giang (VNA) - Farmers in the coastal district of Go Cong Dong, the largest clam producer in Tien Giang province, have received high selling prices after expanding the clam breeding area this year.

Soc Trang (VNA) – Vice Chairman of the People’s Committee of Soc Trang province Le Van Hieu had a working session on May 28 with representatives of the division of international trade under the trade promotion department of Japan’s Hiroshima prefecture to discuss bilateral cooperation and exchange activities in 2019.

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

The Ministry of Transport is to take responsibility for assisting build-transfer-operate (BOT) road investors facing revenue shortages in order to help them secure investment efficiently as well as avoid non-performing loans and subsequently lessen the adverse impacts on the credit system.

Hanoi, May 28 (Prensa Latina) Vietnamese exports of wood and products that use it as raw material bordered 3.120 billion dollars in the first quarter of the year, reported the General Department of Customs today.

Vietnam's economy could grow as much as 6.5% a year over the next ten years and exceed Singapore in size by 2029, according to DBS Bank.

Vietnam may be one of the world’s fastest-growing economies, yet it’s still in the dark ages when it comes to joining the global trend toward cashless transactions. To understand why, look no further than to consumers like Tran Van Nhan, who recently bought his two-bedroom home in Hanoi with gold and a sack of cash.