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Vietnam: PM stresses key role of private sector in economy

HANOI — Prime Minister Nguyen Xuan Phuc praised the significant success of the private economic sector, saying it represented 96.7 per cent of the country’s 500,000 enterprises. PM Phuc spoke in Hanoi at a Saturday policy dialogue with 14 chairmen and general directors of leading private enterprises.  Attending the event were also leaders of the Government […]

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Vietnam: HCM City industry parks need new plan

HCM City – Industrial and processing parks in HCM City have not developed to their potential due to poor infrastructure and a lack of connection among the parks, delegates said at a weekend seminar. Speaking on the 25th anniversary of the HCM City Export Processing and Industrial Zone Authority (HEPZA), Nguyen Thien Nhan, the municipal party […]

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Vietnam: Government to ease gas trading

HANOI — The Ministry of Industry and Trade (MoIT) will submit a draft decree to ease the entry of businesses into the gas trading market. The ministry on Wednesday said it has completed its assessment of the draft after collecting opinions from ministries and relevant agencies and would submit it to the Government in the next few days. This move follows […]

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Vietnam’s trade value up 21.4% in nine months

HANOI — Vietnam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs. However, total trade value in the first half of September dropped by 11.7 per cent to $2.44 billion against the same period last year. Meanwhile, the nation gained trade […]

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Vietnam: Customs signs co-operation agreement with logistics association

HANOI — The Customs Supervision and Management Department under the General Department of Vietnam Customs (GDC) signed a co-operation agreement with the Vietnam Logistics Association (VLA) on Tuesday. Under the agreement, action plans will be launched to improve the national logistics sector’s competitiveness.  Customs authorities will work closely with VLA to boost the development of logistics […]

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