This was the first time at the G20 Summit that Vietnam had the opportunity to share its opinions, initiatives and experiences and actively contribute to resolving global economic issues. Its viewpoints on regional and international affairs left a good impression on the participants.
Prime Minister Nguyen Tan Dung and the Vietnamese delegation left Toronto, Canada on [...]
The Government has approved the transformation of the state-owned holding company Vietnam Oil and Gas Corporation (PetroVietnam) into a so-called ‘one-member limited liability company’ owned by the State.
Under the Business Law that goes into effect on July 1, state enterprises that have not yet been equitized (issued shares) must become ‘one-member limited liability companies.’ The [...]
There was great potential for co-operation between Viet Nam and Turkey, especially in the fields of economics, trade, education and tourism.
Vice President Nguyen Thi Doan made the statement at a meeting with Turkish President Abdullah Gul on the sidelines of the third summit of the Conference on Interaction and Confidence-Building Measures in Asia (CICA) on [...]
A lot of seafood companies are now like cats on hot bricks, because the export prices of seafood products to the EU have been decreasing when the euro has lost 15 percent of its value against the dollar.
The dollar depreciation means that the exports to the EU will become more expensive, even though prices in [...]
The country’s total export turnover is estimated at $6.1 billion in May, a month on month rise of 14.4 percent while imports reached $6.85 billion, up 5.5 percent, representing the trade gap of $750 million–the lowest level compared with first months of 2010, reported general Statistic Office (GSO).
During the period from January to May, Vietnam [...]
Vietnam has an abundant workforce, an 80 million strong market and political stability, therefore, Finnish businesses will face no obstacles when investing in Vietnam, said State President Nguyen Minh Triet at the Vietnam-Finland business forum in Helsinki on May 21.
Addressing the forum, Mr Triet said his Finland visit aims to promote economic and trade cooperation [...]
Truong Thanh Phong, general director of Vietnam Southern Food Corporation (Vinafood II) cum the president of Vietnam Food Association (VFA) said that Vietnam now has advantages in developing and exporting white rice but it has not yet become a competitor against Thailand in field of fragrant rice export.
Rice trade in the international market is increasing [...]
Vietnam is thinking of boosting fruit exports to the US and the EU, but in order to do that, it will have to overcome many barriers.
Vietnam’s fruits have been present in 50 countries and territories with the export turnover reaching $439 million in 2009. To date, Asia remains the main export market for Vietnam. In [...]
The three central provinces and cities of Thua Thien Hue, Quang Nam and Da Nang are striving for closer co-operation to jointly attract more Japanese travellers to the region, said deputy director of the Quang Nam Department of Culture, Sports and Tourism Ho Tan Cuong.
He said a plan, including the creation of new tourism products [...]
The 6th Manufacturing Hanoi exhibition officially opened at the National Exhibition and Fair Centre on May 18.
On addressing the opening ceremony, the Deputy Minister of Industry and Trade Nguyen Thanh Bien, said that the exhibition is not only an opportunity for businesses to seek new markets but also enables domestic manufacturers to examine and learn [...]
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