Mechanical engineering sector to join global value chain Business

Mechanical engineering sector to join global value chain

The Vietnamese engineering sector aims to engage deeper in global value chain and specialised industries that use advanced technologies to make quality products, under a strategy to develop the sector by 2025 with vision toward 2035 recently approved by the Prime Minister.
Lack of funds hinders MSMEs’ growth Business

Lack of funds hinders MSMEs’ growth

Micro-, small- and medium-sized enterprises (MSMEs) account for nearly 97 percent of the total number of businesses in Ho Chi Minh City, with more than 90 percent of newly-established ones every year belonging to this category.
Ambassador: Vietnam-Bangladesh relations witness great strides Politics

Ambassador: Vietnam-Bangladesh relations witness great strides

Vietnam-Bangladesh relations have witnessed great strides in all fields, from politics, trade, economy to culture and people-to-people exchanges, since the establishment of diplomatic ties 45 years ago (February 17, 1973), said Vietnamese Ambassador to Bangladesh Tran Van Khoa.
Vietnamese, Indian Prime Ministers hold talks Politics

Vietnamese, Indian Prime Ministers hold talks

Prime Minister Nguyen Xuan Phuc and Indian counterpart Narendra Modi have expressed their delight at the development of bilateral ties since the establishment of comprehensive strategic partnership.
HCM City enhances investment cooperation with Italy Business

HCM City enhances investment cooperation with Italy

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on November 29 held talks with Ivan Scalfarotto, Italian Deputy Minister of Economic Development who is leading a business delegation on a visit to the city.
Vietnam, Slovakia promote economic cooperation Business

Vietnam, Slovakia promote economic cooperation

Vietnam and Slovakia need to hold more trade exchanges, increase multi-channel information dissemination and encourage businesses to establish representative offices in each country, according to participants to a Vietnam-Slovakia business forum.
Bac Giang expands industrial parks Business

Bac Giang expands industrial parks

The northern province of Bac Giang will plan the development of new industrial parks in the locality from 2020 – 2030, according to Tran Vu Thong, Vice Head of the province’s IP management board.
Progress on special zones law to ease investment Business

Progress on special zones law to ease investment

The Department for Economic Zones Management (DEZM) of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organisation, administration and foreign investment incentives and policies.