The Standing Committee of the National Assembly issued Resolution No. 751/2019 / UBTVQH14 dated August 16, 2019 explaining some articles of the Planning Law, effective from the date of signing.
Vietnam is on the rise for Australian investors, said an article published on the Australian Financial Review ahead of Prime Minister Scott Morrison's upcoming visit to the Southeast Asian nation.
Vietnam has long been persistent and consistent in safeguarding its national sovereignty in the East Sea through peaceful measures on the basis of international law to maintain peace, stability, security and cooperation at sea for the legitimate interests of all parties.
Investors are looking for industrial and logistics assets via forming joint-ventures with local industrial property developers or purchasing land and operating real estate, according to Jones LaSalle Vietnam Co. Ltd.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
The Vietnam Water Supply Association (VWSA) and the German Water Partnership held a forum in Hanoi on August 1 discussing water drainage development policy and service prices.
The country had 79,300 newly-established businesses with a combined registered capital of 999.4 trillion VND (42.97 billion USD) in January – July, representing year-on-year increases of 4.6 percent and 29.6 percent, respectively.
Prime Minister Nguyen Xuan Phuc has asked ministries, ministry-level and central agencies as well as centrally-run localities to make middle-term plans for public investment in 2021-2025.
Vietnam's consumer price index (CPI) in July rose by 0.18 percent month-on-month, and 2.44 percent from the same period last year, according to the General Statistics Office (GSO).
The office market in Ho Chi Minh City continued stable growth in the first half of this year, with some increases in rental prices and areas, according to major property consultant firms.
Vietnam's new budget carrier Bamboo Airways will launch construction of an aviation training institute at Nhon Hoi ecological tourism area in the south central province of Binh Dinh on July 28.
The 2019 Vietnam international water and environment exhibition (Vietwater) opened in Hanoi on July 24 with the participation of more than 200 exhibitors from 30 countries and territories.
Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.
Valuation of intellectual property remains a grey area in Vietnam and can be improved only with support from authorities, experts have told a recent workshop held in Ho Chi Minh City.
Vingroup Conglomerate's retail arm, VinCommerce, aims to become one of the leading retailers in the Asia-Pacific via a cooperation deal with Australian-based XAct Solutions Company recently inked in Hanoi.
The Ministry of Construction (MoC) plans to start releasing quarterly reports on the domestic real estate market to increase transparency, Minister of Construction Pham Hong Ha said at a recent ministry meeting.
The government has continued to push for the increased use of rubber in the construction of roads nationwide by having rubber resin mixed with para soil cement.
Recognising the importance of workplace safety, more and more businesses in Ho Chi Minh City have begun to invest in modern equipment and increased budgets for labour safety programmes.
The southern economic hub of Ho Chi Minh City attracted 3.21 billion USD in foreign direct investment (FDI) in the first six months of 2019, a year-on-year rise of 20 percent, according to the municipal People's Committee.
The Electricity of Vietnam Southern Power Corporation (EVNSPC) began construction of and put into operation hundreds of grid projects in the first six months of 2019.
The Thai government is pursuing an ambitious plan to build a rail network linking Thailand to other countries in the region, like Singapore and China.
The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.
More than 776,900 jobs were created in the first six months of 2019, a year-on-year decline of 1.1 percent, the Ministry of Labour, Invalids and Social Affairs (MoLISA) reported at a press conference in Hanoi on July 2.
The central province of Thua Thien – Hue is giving priority to green energy projects, especially solar power.
In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.
Hong Kong (China) topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of 5.3 billion USD, making up 28.7 percent of the new foreign direct investment (FDI) inflow into the country.
Socially responsible practices in the wood and seafood processing industries were under the spotlight at a workshop held in Ho Chi Minh City on June 27 as part of the Responsible Supply Chains in Asia project (RSCA).
Disbursement of official development assistance (ODA) hit over 1.6 trillion VND in the first five months of this year, equivalent to only 2.7 percent and 5.6 percent of targets assigned by the National Assembly and Government for the whole year, respectively, which were alarming figures, said Finance Minister Dinh Tien Dung on June 26.
Foreign investors registered to pour 1.73 billion USD into Vietnam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to 18.47 billion USD, down 9.2 percent year on year.
The Ho Chi Minh National Academy of Politics (HCMA) and the Department of Foreign Affairs and Trade of Australia will work together to intensify the training of senior officials for Vietnam.
The north-central province of Quang Tri set the goal of generating about 5,000 MW of electricity from thermal, gas, wind, solar and hydro power plants by 2025, making the province a power hub in the region.
Hanoi maintained its second place nationwide in the 2018 Public Administration Reform (PAR) index with a combined score of 83.98 percent, according to the PAR Index 2018 report.
Hanoi is striving to attract over 500 million USD in foreign direct investment (FDI) in June 2019, raising the total FDI capital to nearly 5.3 billion USD in the first half of the year, according to insiders.
The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.
A solar power plant with a design capacity of 30MWp was inaugurated in Ninh Phuoc district, the south central province of Ninh Thuan on June 16, in the presence of Standing Vice Chairwoman of the National Assembly Tong Thi Phong.
Japanese retail giant AEAON Co. will double the value of products it procures from Vietnam from the current level to 500 million USD in 2020.
An offshore wind power seminar took place in Hanoi on June 12, as part of the second Vietnam Wind Power Conference.
All public debt indicators were under strict control and fell within the permissible limits set by the National Assembly's Resolutions as of the end of 2018, according to the Finance Ministry.
An auction for leasing advertising space on Ho Chi Minh City's buses will be held between June 21 and July 18 following four previous unsuccessful attempts.
Hoa Phat Group has said it sold 226,000 tonnes of construction steel in May with a 3.5-fold increase in southern market, raising the five-month figure to 1.16 million tonnes, up 22.4 percent year-on-year.
Thai firms are stepping up investment in renewable energy projects in Vietnam, particularly solar power, through merger and acquisition (M&A) deals.
India's solar PV module manufacturer Waaree Energies announced on June 4 that it has officially put into operation a 50MW ground-mounted solar plant in Vietnam.