Measures to boost tourism discussed

A seminar was held in Hanoi on January 29 to discuss effective measures to boost the development of Vietnam’s tourism sector. Speaking at the seminar, General Director of the Vietnam National Administration of Tourism (VNAT), Nguyen Van Tuan confirmed that promotion campaigns have made important contributions to the tourism sector’s current achievements. However, tourism promotion [...]

Committee on International Trade Policies debuts

The Committee on International Trade Policies made its debut in Hanoi on January 29 by the Vietnam Chamber of Commerce and Industry (VCCI). Addressing the ceremony, the Head of VCCI’s Legal Department, Tran Huu Huynh, said the committee will serve as a link between the Government and business associations, through which the business concerns and [...]

Bank keeps real estate on ice

The real estate market will remain stagnant if the State Bank maintains its tight monetary policy through the first half of this year, experts warn. However, this lull provides a good opportunity for people with real housing needs rather than speculators to buy properties, according to experts. Nguyen Son Trung, director of HCM City-based Dat [...]

Industrial production value estimated at VND 62.8 trillion in January

The industrial production value has been estimated at VND 62.8 trillion in January, only as much as 95.4% of the figure in the previous month, but a year-on-year increase of over 28%. Of the above-said figure, the production value of the State-owned enterprises has been up 23.1%, of the non-State sector, up 31.3% and of [...]

Hong Kong paper hails Vietnam’s return to int’l bond market

After a four-year absence, Vietnam came back to the international bond market on Jan. 26 with a 10-year issuance that “fared well” on its first day of trading compared with the early January issues from Indonesia and the Philippines. In an article posted on Jan. 27, Hong Kong’s FinanceAsia online newspaper said Vietnam executed a [...]

Private enterprises yet to leave their mark

Domestic private enterprises have failed to step up to the plate in the decade since the Enterprise Law came into force. The latest Central Institute for Economic Management (CIEM) report on the implementation of the Enterprise Law and Investment Law shows that domestic private enterprises have developed in terms of quantity, but not quality. According [...]

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