Business

HCM City targets to become regional services hub

A socio-economic development master plan to 2020 with a vision to 2025 recently approved by the Prime Minister requires Ho Chi Minh City to take the lead in national industrialisation and modernisation, gradually becoming an economic, financial and scientific and technological hub of the country and the region as a whole.
Business

Retail banking the wave of the future: experts

The trend towards retail banking will only get stronger in Vietnam as banks realise the vast potential of the market, experts said at the ASEAN Banker Forum held on November 19 in Ho Chi Minh City.
Business

France increases its market share in Vietnam

France hopes to double its share of the Vietnamese market by 2017, French Trade Counselor and Ubifrance Chief Representative in Vietnam Marc Cagnard spoke about the plan to promote trade between Vietnam and France during his talk with Vietnam Economic News.
Politics

PM Dung presents Government’s report at National Assembly

Prime Minister Nguyen Tan Dung presented the Government’s report on the socio-economic situation in 2013, results of the first three-year implementation of the five-year plan 2011-2015 and the tasks for 2014-2015, on the first day of the 6 th session of the 13 th National Assembly, which opened in Hanoi on October 21.
Business

HCM City’s economy continues to soar

Ho Chi Minh City, the country’s southern commercial hub, recorded an impressive economic growth rate of 10.3 percent in the third quarter of 2013, up 0.7 percent against the same period last year.
World

Cambodia: Sam Rainsy accused of anti-national interests

Parliamentarians of the Cambodia People’s Party (CPP) has strongly criticised President of Cambodia National Rescue Party (CNRP) Sam Rainsy’s trip to United States and Europe to urge Western countries to cut aids and not to recognise Hun Sen’s newly formed government.
Politics

NA Vice Chairperson visits Romania

Vietnam and Romania have agreed to tighten their co-ordination at UN organisations, international forums, the Inter-Parliamentary Union, and the community of French-speaking countries for maintaining peace and stability in the region.
M&A market in Vietnam sees development potential Business

M&A market in Vietnam sees development potential

Despite unpredictable ups and downs in both the number and scale of deals over the past five years, the Merger and Acquisition (M&A) market in Vietnam was rated as the eighth busiest market in Asia-Pacific.
Business

ASEAN, EU businesses call for removal of non-tariff barriers

Over 700 businesses representatives from ASEAN and EU have called on the governments of ASEAN and EU countries to minimise non-tariff barriers, as well as harmonising procedures and regulations on goods and services to further facilitate investment and trade activities.
VNA, State Bank work for closer cooperation Society

VNA, State Bank work for closer cooperation

The Vietnam News Agency (VNA) and the State Bank of Vietnam (SBV) have reached an agreement that looks the bank’s continued provision of information relating to monetary policy, finance, inflation control and macro-economic management for the agency.
Politics

PM attends cremation of ex-Cambodian King

Prime Minister Nguyen Tan Dung joined crowds of international guests to attend the cremation ceremony for late Cambodian King Father Norodom Sihanouk in Phnom Penh capital city, Cambodia on February 4.