The Government has recently issued a resolution approving an action programme on accelerating economic diplomacy for national development for the period from 2022 to 2026. Illustrative image (Photo: VNA) The action plan is aimed at implementing the Party Central Committee Secretariat’s Directive No. 15-CT/TW dated August 10, 2022, on economic diplomacy for the country’s development to 2030. The Government...

A key measure to effective public investment disbursement is to promote investment with focuses, with priority given to regional linkage projects to create new socio-economic development spaces for localities, said Minister-Chairman of the Government Office Tran Van Son at a regular Cabinet press conference on March 3. Deputy Minister of Planning and Investment Tran Duy Dong speaks at the...

The railway network connecting economic hubs and seaports needs to be designed as the key arteries of the economy, Deputy Prime Minister Tran Hong Ha said at a meeting with the Ministry of Transport and relevant departments on March 2. Cai Mep-Thi Vai seaport cluster in the southern province of Ba Ria-Vung Tau. (Photo: VNA) The discussion focused...

The Vietnam-Japan Joint Initiative (VJJI) has significantly contributed to improving the domestic business environment and raising Vietnam’s competitiveness in foreign direct investment (FDI) attraction, an official from the Vietnamese Ministry of Planning and Investment (MPI) has said. At the pre-final evaluation meeting for the VJJI Phase VIII (Photo: VNA) Do Nhat Hoang, Director of the MPI’s Foreign Investment...

Tea and dried fruits are key Vietnamese products being introduced at the International Agricultural Show (SIA), the biggest annual event in agriculture, husbandry, fishery and rural areas in France, which has been held from February 25 to Mach 5. The Vietnamese booth at the fair (Photo: VNA) The Vietnamese pavilion has attracted crowds of visitors, from not only...

Four Vietnamese firms - Bamboo Airways, VinFast, Vietnam Airlines, and Vietin Bank - are joining the small- and medium-sized enterprises (SME)'s day held by the German Association for Small and Medium-sized Businesses (BVMW) on March 1. At the Vietnamese booth at the event (Photo: VNA) The Vietnamese booth at the event provided participants with updates on business regulations in...

United Overseas Bank Limited (UOB) on March 1 announced the completion of the acquisition of Citigroup’s consumer banking business in Vietnam, which includes the transfer of approximately 575 Citigroup related staff to UOB Vietnam. The UOB branch in Ho Chi Minh City.( Photo:UOB) The consumer business comprises Citigroup’s unsecured and secured lending portfolios, wealth management and retail deposit...

The fifth edition of the Denimsandjeans Vietnam Show opened in Ho Chi Minh City on March 1 with the participation of many big denim manufacturers from more than 10 countries. The fifth edition of the Denimsandjeans Vietnam Show offers a good opportunity for exhibitors to seek and establish partnership. (Photo: VNA) The two-day expo, organised by the Vietnam...

Singapore remained the biggest foreign investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD, making up nearly 31.6% of the total registered foreign direct investment (FDI) in the country, down 42.7% year-on-year, the Ministry of Planning and Investment (MPI) reported. Workers at Apparel Far...

Prime Minister Pham Minh Chinh asked France to facilitate access to French market by Vietnamese goods, especially agricultural and fishery ones, at his reception for French Minister for Foreign Trade, Attractiveness and French Nationals Abroad Olivier Becht on March 1. Prime Minister Pham Minh Chinh (R) receives French Minister for Foreign Trade, Attractiveness and French Nationals Abroad Olivier...