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Vietnam: Capital aims for 4.5% export growth in 2017

The capital aims to generate US$11.1 billion from exports this year, 4.5 per cent higher than 2016, the municipal Department of Industry and Trade has said. To achieve this goal, Hanoi will continue work on accelerating administrative reforms with special focus on customs, tax and business licencing procedures, as well as draw up effective policies. […]

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Vietnam plans ‘outstanding’ special economic zones

HANOI – Vietnam plans to open three special economic zones that offer investors greater incentives and fewer restrictions than available to date in the country, the investment minister said. Foreign direct investment, largely in manufacturing, has been key to Vietnam’s growth. It hit a record of US$15.8 billion last year and has risen 6% in […]

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Committees work to facilitate Vietnamese, Lao enterprises

Quang Tri (VNA) – Representatives from the Vietnam-Laos Cooperation Committee have worked with their counterparts from the Laos-Vietnam Cooperation Committee on the implementation of the Hanoi Agreement 2017 and the “one-stop-shop” customs model at the pair of Lao Bao-Densavan border gates. During their meeting in the central province of Quang Tri on May 24, the two sides informed […]

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Vietnam gov’t firm on GDP target

The Vietnamese government is adamant that it will be able to meet an economic growth target of 6.7 percent for this year, despite outlooks suggesting the real rate might be much lower. After the opening of the third session of the 14th lawmaking National Assembly on Monday, Prime Minister Nguyen Xuan Phuc convened an urgent […]

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Vietnam, Indonesia vessels clash in South China Sea

Indonesia says several Vietnamese fishing vessels escaped its waters following a show of force by Vietnam’s coast guard in the South China Sea. Indonesia’s Maritime and Fisheries Ministry said Tuesday that Vietnam is holding an Indonesian fisheries officer, who was aboard one of the Vietnamese vessels, and Indonesia has 11 Vietnamese crew members in its […]

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