ASEAN – Vietnam’s leading investment partner

Several member countries of the Association of Southeast Asian Nations (ASEAN) have emerged as Vietnam’s leading investment partners after a few invested small amounts of capital in the country 20 years ago.

More FDI capital for sustainable development

Vietnam needs to attract more “ clean foreign direct investment (FDI)” capital to meet the country’s economic development and its industrialisation and modernisation, warned experts, as there remain a number of shortcomings in this area.
VN hosts ASEAN related meetings prior to AMM-43 Politics

VN hosts ASEAN related meetings prior to AMM-43

The fourth Meeting of the ASEAN Political and Security Community Council (APSC) and the Meeting of the Commission for the Southeast Asia Nuclear Weapons Free Zone (SEANWFZ) took place in Hanoi on July 19.

ASEAN becomes China’s third largest trading partner

Total bilateral trade between China and ASEAN nations almost reached 112 billion USD in the first five months of this year, a year-on-year increase of 58 percent, according to the People’s Daily Online of China.

Workforce tipped to grow 1.5 percent a year

More than 700,000 people will join the country's workforce every year until 2015, an annual increase of 1.5 percent, according to a report on the country's labour and social trends.

La Nina to bring heavy rain to Vietnam

The La Nina weather phenomenon that is developing in the Pacific region will not only drop temperatures but also cause more rain and storms in Asia, including Vietnam, said the World Meteorological Organisation (WMO) and the Vietnamese Ministry of Natural Resources and Environment.

Thailand to host Asia-Pacific meeting on coconut

Thailand has been selected to host the 44 th Asian and Pacific Coconut Community (APPC) COCOTECH Meeting and Coconut Festival on July 5-9, according to the National News Bureau of Thailand (NNT).

More franchises appear in garment sector

The Nha Be Garment’s Joint Stock Corporation (NBC) has said that its “Mattana” brand has been franchised out to an Italian partner who is scheduled to open their first shop in the Italian city of Cagliari early next month.

Under the 10-year franchise, the Italian retailer will sell jackets, shirts and trousers supplied by NBC every month, said the Deputy General Director of NBC Le Mac Thuan, adding that the first 300,000 USD shipment is already on its way to Italy.