Ministry submits private enterprise development plan
The Ministry of Planning and Investment (MPI) has composed a draft plan for sustainable development of Vietnamese private enterprises by 2030.
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The Ministry of Planning and Investment (MPI) has composed a draft plan for sustainable development of Vietnamese private enterprises by 2030.
The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).
The Ministry of Industry and Trade will focus on developing the domestic market in 2019 with the view to creating a fulcrum for sustainable economic growth besides export, according to an official of the ministry.
In 2018, Vietnam’s total rice exports reached 6.15 million tonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7% increase in volume and 19.6% increase in value compared to 2017.
Although the cold chain logistics sector in Vietnam is considered small and fragmented, the market has shown signs of improvement due to the increasing demand for high quality products.
Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank (WB) report.
Vietnam has recorded considerable achievements in 2018, but Prime Minister Nguyen Xuan Phuc has reminded ministries, sectors and localities to “never rest on their laurels”.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong has called for more efforts to push aquatic product export turnover to 10 billion USD in 2019.
With 2018 drawing to a close, the Vietnam News Agency (VNA) looks back at the ten most prominent events of Vietnam in the year.
With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.
A workshop was held in the central province of Binh Thuan on December 21 to review the results of the project “Enhancing Opportunities for Women’s Enterprises (EOWE)”, which has been underway in the province since 2016.
Prime Minister Nguyen Xuan Phuc asked the Mekong Delta province of An Giang to continuously improve its investment environment, with attention paid to human resources quality and infrastructure, while addressing an investment promotion conference held by the province on December 15.
Vietnam is among the few ASEAN member countries to consistently improve its attractiveness to foreign investors due to its growing economy and improving business climate, according to experts.
Provinces in the Mekong Delta that grow coconut are setting up cooperative teams and finding buyers to help farmers recover from low prices over the last 12 months.
A support centre for cooperative development was opened in Hanoi on December 6, aiming to help Vietnamese cooperatives get more involved in agricultural value chains.
The entrepreneurial spirit of businesses is a stimulus for the Government to act more drastically and innovatively, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2018 in Hanoi on December 4.
Deputy PM Trinh Dinh Dung highly appreciated the Republic of Korea’s new visa policy for Vietnamese citizens during a reception for the RoK Ambassador to Vietnam Kim Do-hyon in Hanoi on Nov. 28.
Vietnam attracted a total of 30.8 billion USD worth of registered foreign direct investment (FDI) as of November 20, a slight decrease of 6.8 percent year-on-year.
