• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Weekly press digest – December 8-13

December 15, 2014 9:43 AM GMT+7

PM highlights opportunities for foreign investors

PM Nguyen Tan Dung on December 11 in Bussan attended and delivered a keynote speech at the ASEAN-RoK Business Forum as part of the 25th ASEAN-RoK Commemorative Summit.

Mr. Dung affirmed that the Vietnamese Government and local authorities would pave the favorable way for foreign investors, including RoK ones to do long-term and successful business in Viet Nam.

Viet Nam will further improve the investment and business environment in order to welcome more investors, including those from the Republic of Korea in general and from Busan in particular.

VN, RoK wrap up FTA negotiations

Vietnamese Minister of Industry and Trade Vu Huy Hoang and RoK’s Minister of Trade, Industry, and Energy Yoon Sang-jick on December 10 in Busan signed a minutes on the conclusion of negotiations of a bilateral free trade agreement (FTA) between Viet Nam and the RoK.

The event was witnessed by PM Nguyen Tan Dung and President Park Geun-hye during the former's working visit to the RoK to attend celebrations of the 25th anniversary of the ASEAN-RoK dialogue relations.

PM outlines missions for home affairs in 2015

PM Nguyen Tan Dung outlined four missions for the Ministry of Home Affairs (MHA) in 2015 at a meeting on reviewing the ministry’s works in 2014.

PM Dung asked the ministry to focus on ensuring the quality of the draft Laws on organization of the Government and Local Government Organization in accordance with the newly-revised Constitution.

The PM suggested applying information technology in dealing with works related to administrative procedures and regarding the administrative procedure reform as a crucial political mission in 2015 with the aim of increasing the management effectiveness of administrative agencies and improving the investment and business environment.

DPM Phuc meets Lao PM

Deputy PM Nguyen Xuan Phuc, who is Chairman of the Viet Nam–Laos Cooperation Sub-committee met with Lao PM Thoongsinh Thammavong.

Viet Nam and Laos will review the implementation of Agreements, proceedings and the two sides’ relations to prepare for the 37th session of the Viet Nam-Laos Inter-Governmental Committee at the end of 2014 as well as proposing measures to enhance the cooperation.

On this occasion, the two sides will discuss ways to promote the relationship further in 2015.

New laws announced

The Presidential Office announced eight laws, which have been adopted at the eight session of the 13th National Assembly.

They include the Laws on Civil Status, Investment, Enterprises, Occupational Education, and Management and Use of State Capital in Production and Business, and the Laws on amendments and supplements to some articles of the Laws on Enforcement of Civil Judgments, Taxation, and Special Consumption Tax.

Trade surplus expected to hit US$ 1.5 bln in 2014

Viet Nam is forecast to enjoy a trade surplus of US$ 1.5 billion this year, according to the Ministry of Industry and Trade (MoIT)’s Export and Import Department.

Statistics from the department showed that the country’s trade surplus in the first 11 months of 2014 reached about US$ 2.1 billion.

The export turnover hit US$ 137 billion during the period, up 13.7% over the same period last year. The domestic economic sector contributed US$ 48.8 billion to the total, up 13%, while US$ 92.2 billion or a 14.1% rise came from the foreign investment sector (including crude oil).  

VN-Japan Joint Initiative helps improve investment environment

The Ministry of Planning and Investment, the Japanese Embassy in Viet Nam and the Viet Nam-Japan Economic Committee co-organized a high-ranking meeting to evaluate the fifth stage of the Viet Nam-Japan Joint Initiative.

The Joint Initiative has made Viet Nam’s investment and business environment more attractive, said Chairman of the Viet Nam-Japan Economic Committee Takahashi Kyouhei, adding that Japan will contribute to the development of Viet Nam as well as other nations in ASEAN through the implementation of the sixth phase of the Initiative.

Conference seeks to boost investment in ethnic minority & mountainous areas

Over 200 local and foreign delegates on Monday in Ha Noi partook in a conference to seek ways to promote investment and assistance for socio-economic development in ethnic minority and mountainous areas.

Delegates also discussed orientations and measures to implement a project on strengthening international cooperation to support socio-economic development in the region and a national program to mobilize aid from non-governmental organizations (NGOs) in the period 2013-2017.

A new boost for tourism development

The Government has issued a resolution on some measures to boost tourism development in the new period.

The new resolution asks for all levels and agencies to raise their awareness of the role and position of the tourism sector, especially for the transformation of economic structure, job generation, poverty reduction, and environmental protection.

Credit grows 10.22% in 11 months

Credit organizations posted a growth of 10.22% in the first 11 months of 2014, according to the latest statistics released by the State Bank of Viet Nam (SBV).

The central bank said that November saw the largest expansion of credit. Earlier, by October 24, it grew only 7.85% compared to the same period last year.

By Thuy Dung