News
The biggest winner from TPP trade deal may be Vietnam
Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries. In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as ...
Vietnam's fruit and veg exports on track to hit $2 billion this year
Vietnam’s fruit and vegetables are getting more popular overseas with exports growing 26.5 percent annually, local media reported. In the January-September period, the revenue was estimated at over $1.4 billion, up 16.5 percent year-on-year. Keep reading ...
Group of Montagnards heads back to Vietnam
Twenty-four Montagnards are set to return to Vietnam on 8 October, becoming the first group to volunteer for repatriation since the government last month ordered the asylum seekers to leave of their own volition or be forcibly expelled, officials said. Keep reading ...
Vietnam's real estate transactions skyrocket in 9 months
Some 30,000 real estate transactions were recorded in the first nine months of 2015, which was tantamount to the combined figures from last year, as heard at a seminar on housing development in the Mekong Delta city of Can Tho on 7 October. According to Chairman ...
Strengthening Vietnam's domestic production
The rules of origin in FTAs has set high demands that forced Vietnam to consider more active elements of the diversity of markets through restructuring and raising product quality. According to figures from the General Statistics Office, in May 9, 2015, China remains the largest export ...
Hanoi to open industrial clusters in Phu Xuyen District
Phu Xuyen District, Hanoi, will open an industrial zone to attract industries and handicrafts. The Hanoi People’s Committee has issued Decision No. 4989/QD-UBND to establish Phu Tuc Industrial Zone in Phu Xuyen District. The industrial complexes will attract industries and handicrafts suitable for industrial development planning and socio-economic ...
Vietnamese PM approves waterway transport projects
Prime Minister Nguyen Tan Dung has released a decision approving waterway infrastructure policies expected to boost the sector’s growth. Domestic waterway transportation plays a vital role in transporting goods and passengers across Vietnam. It creates millions of jobs, but the Ministry of Transport said Government support ...
TPP offers Vietnam opportunities
Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...
Unauthorised fees plague Vietnam's bus terminals
Transport enterprises are concerned about fees that they have to pay for their operations at bus stations. A driver of a transport enterprise operating on the Ha Noi-Thai Nguyen route, who decline to give his name, said besides fixed fees like entrance fee and parking fee, ...
South Korea to fund Laos–Vietnam railway feasibility study
Vietnam’s transport ministry and the Korea International Co-operation Agency (KOICA) have agreed to study the feasibility of a 500 km-long railway link from Laos’ Vientiane to Vung Ang in central Ha Tinh Province of Vietnam. The study will be conducted with a $US3-million ODA grant from KOICA for ...
