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Vietnam: Q1 foreign direct investment surges to $7.71b

Foreign direct investment (FDI) in Vietnam surged to US$7.71 billion in the first quarter of 2017, exceeding the amount during the same period in 2016 by 91.5 per cent. Figures released Friday by the planning and investment ministry’s Foreign Investment Agency (FIA) showed that during this period, there were 493 newly approved projects with a […]

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Vietnam looks to expand cooperation with WIPO

Hanoi (VNA) – Deputy Prime Minister Vu Duc Dam suggested the World Intellectual Property Organisation (WIPO) continue cooperating with and supporting Vietnam in building a national strategy on intellectual property, thus creating an impetus for the country’s innovation process. During a reception for WIPO Director General Francis Gurry in Hanoi on March 23, the Deputy […]

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Vietnam Labor Ministry eyes high-skilled labor export

The Ministry of Labor, Invalids and Social Affairs is devising a scheme on export of high-skilled workers given the abundant domestic labor force, and thus seeking input from major corporations. The minister asked the group for advice on amendments to the 2012 Labor Code in regard to retirement age, overtime, minimum wage, and welfare benefits […]

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Vietnam, Laos border trade agreement passed

The Government has approved the border trade agreement between Vietnam and Laos, which was inked on June 27, 2015 in the central province of Nghe An. Ministry of Foreign Affairs has been instructed to process necessary foreign procedures relating to the agreement in accordance with regulations and laws. The agreement is expected to create a […]

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Vietnam not prepared for retail market expansion

VietNamNet Bridge – Vietnam has opened its retail market widely to foreign investors under WTO commitments and FTAs. It should not try to restrict foreign retailers’ expansion, but instead support Vietnamese retailers by creating a level playing field, experts have said. Since January 1, 2008, theyhave been able to set up joint ventures in which […]

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