Investment

The involvement of authorities at all levels, enterprises, social organisations and people in developing green cities in Vietnam through promoting green growth is urgently needed.

The 13th Vietnam-China International Trade Fair got underway yesterday in the northern mountainous province of Lao Cai with the participation of nearly 500 domestic and foreign businesses.

European businesses and entrepreneurs want to increase their investment in Vietnam, particularly in the tourism, agri-business and manufactured goods sectors, according to a senior European Commission (EC) official.

Vietnam and Kazakhstan have committed to enhancing cooperation in various areas ranging from politics to economics, trade, industry, customs, judiciary, investment, culture, sports, tourism and aviation.

An ongoing workshop in Hanoi is offering a chance for engineers, experts and enterprises from Vietnam and Japan to share experience in underground structures, transportation and geotechnics.

The US has surpassed Japan to become the largest market for Vietnamese shrimp, the Vietnam Association of Seafood Exporters and Producers (VASEP) announced on November 7.

A conference themed "Vietnam - a new strategic partner of France in Asia" was held in Paris on November 5 to introduce the investment environment in Vietnam.

Viet Nam shipped over 5.7 million tons of rice and earned nearly US$ 2.5 billion in export revenue in the first ten months of this year, according to the Viet Nam Food Association (VFA).

Seafood export turnover during the Jan-Oct period reached USD5.5 billion, a year-on-year rise of 7.3 percent, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

Vietnam expects to bring in US$2.5-2.6 billion from shrimp exports in 2013, 15% more than last year's total, owing to the stability of an average monthly turnover of US$250 million.

The Ministry of Finance and the German Reconstruction Bank signed agreements totalling EUR140 million for two projects to develop power supply and enhance capacity for the provincial hospital system on October 31.

Viet Nam has witnessed a relative export expansion in both scale and speed and seen a positive shift in export structure.

IMF Resident Representative for Viet Nam Sanjay Kalra applauded on the Government's success in stabilizing the macroeconomy, curbing with the inflation rate and accelerating the export turnover.

Viet Nam is ranked 99th out of 189 economies in the latest World Bank's report "Doing Business 2014.".

The index of industrial production (IIP) saw a 5.4% year-on-year increase in the January-October period, according to the Ministry of Planning and Investment.

Viet Nam has attracted US$19.2 billion in direct foreign investment (FDI) so far this year, up 65.5% from a year earlier, according to the General Statistics Office (GSO).

The second phase of the Vietnam-Finland Innovation Partnership Programme (IPP) has received a total investment pledge of 10 million euros for efforts aimed at fostering innovation activities in Vietnam from 2014-2018.

The EU's policies towards Free Trade Agreements (FTAs) were the highlights of an October 21 conference in Ho Chi Minh City.

Vietnam's gross domestic product (GDP) expanded 5.5 percent in the third quarter of 2013. Compared with the second quarter, the growth is 0.5 percent higher. This is a good sign for the economy, especially towards the end of the year.