Investment

Vietnam needs a long-term strategy to increase the quality of its rice exports to create sustainable growth in the future, experts say.

The Republic of Korea (RoK) is working hard to conclude free trade talks with Malaysia, the Philippines and Indonesia before November when leaders of the Association of Southeast Asian Nations (ASEAN) meet for the ASEAN-RoK Commemorative Summit in the country.

Exports to all of Viet Nam's FTA partners grew well in the first nine months this year, contributing a trade surplus of US$ 6 billion in the reviewed period, according to the Ministry of Industry and Trade.

The nothern province of Ninh Binh's industrial production value has surpassed 54.63 trillion VND ( 2,3 billion USD) since early this year, up 30.4 percent annually.

Foreign investors poured 26.16 billion USD into Vietnam in the first nine months of this year, up 3.1 percent over the same period in 2019, according to the General Statistics Office.

The Vietnamese economy is predicted to maintaina healthy growth in 2019 and 2020 at 6.8% and 6.7% respectively after a robust growth of 7.1% in 2018, according to the latest report released by the Asian Development Bank (ADB).

The Ministry of Transport has announced that only domestic companies are entitled to join bidding process for construction of part of the Eastern North-South Expressway.

The 28th meeting of the trade negotiating committee for the Regional Comprehensive Economic Partnership (RCEP) opened in Da Nang on September 23, with the participation of ministerial leaders of 10 ASEAN countries in addition to other six countries.

The ESMO Group (ESMO) of South Korea inaugurated its ESMO VINA Automotive Components Production Plant at the Gia Phu Industrial Complex, Gia Viên District, Ninh Binh Province on September 20th.

Vietnam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia.

The Government has set deadlines for a spate of key transport and power projects, according to its latest resolution No. 69/NQ-CP dated September 13.

Fruit and vegetable exports in the first eight months of this year reached US$2.53 billion, down 5.8% year-on-year, according to the Agro Processing and Market Development Department (Agrotrade) under the Ministry of Agriculture and Rural Development.

Steel exports generated US$1.93 billion in the first seven months of 2019, with the US remaining the largest importer of Vietnamese steel products.

Vietnam's gross domestic product (GDP) during the 2010-2017 period increased by 25.4% from previously announced data, according to results of a review by the General Statistics Office (GSO).

Chuyên sáng tác về đề tài các danh nhân lịch sử, Anh hùng dân tộc, họa sĩ Hoàng Hoa Mai còn được biết đến là một trong những họa sĩ có nhiều tác phẩm thành công về Chủ tịch Hồ Chí Minh.

Ninh Binh has urged branches and localities to implement a host of drastic measures to streamline administrative procedures, and provide transparent information related to investment attraction, thereby helping remove difficuties faced by businesses, and especially improve the provincial competiveness index.

The Ministry of Finance plans to eliminate import taxes on auto materials and parts in order to support the development of the country's automobile industry.

Budget collection was a bright highlight in the first seven months of 2019 as it expanded three times higher than the average rate of VND 38,300 in the same period of previous years.

Vietnam's disbursement of official development assistance (ODA) and concessional loans in the first seven months of 2019 reached US$1.226 billion, official data has shown.