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If Vietnam uses overseas remittances to its benefit, they could be a powerful driver in the development of the national economy. Conversely, the economy could be put under pressure if they are not deployed effectively. A recently released report by the Central Institute of Economic Management (CIEM) shows that Vietnam has received $90 billion worth of overseas remittances, or kieu hoi, as they are More...

Hanoi Stock market

Hanoi Stock market off to a roaring start

Traders were optimistic for the prospects of a profitable new year as Prime Minister Nguyen Tan Dung beat the gong to open the first session of the new lunar year on February 24 More...

Stocks more expensive, but remain attractive to foreign funds

Following a successful 2014, investment fund management companies are seeking capital to set up new funds in Vietnam. Vuong Tuan Duong, deputy director of VOF, noted that in More...

Consumption of gold in Vietnam falls sharply

Vietnam spent nearly $603 million on 15.6 tons of gold in the fourth quarter of 2014, down 13% compared to the same period in 2013, falling by two spots to ninth in the world More...

More remittances to fund property purchases

ho chi minh city real estate market

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet More...

HAGL and Rowsley enter US$550 million Myanmar JV

HAGL Myanmar Centre

The Hoang Anh Gia Lai Joint Stock Company (HAGL) has entered a joint venture (JV) with real-estate and investment More...

Vietnam footwear exports Footwear sector takes steps into New Year

A successful 2014 and the promise of bigger export opportunities has given the domestic leather and...

vietnam mining industry Government puts stop to exports of coal dust

As per a recent Government directive, Vietnam will stop exporting coal dust in 2015, in order...

Phu Quoc International Passenger Port PM agree to appoint contractor for Phu Quoc port

The Prime Minister has agreed to the recommendation of the Ministry of Transport and Kien Giang...

European Parliament hears progress of EU-Vietnam FTA talks

Vietnam seafood

The European Parliament (EP) heard reports on the progress of negotiations on the EU-Vietnam Free Trade Agreement More...

Vietnam among top 10 countries enjoying trade surplus with US

Vietnam was listed among top ten countries having trade surplus with the US last year with a total value of more..

HCM City targets US$35 billion for export earnings

The southern economic and business hub, Ho Chi Minh City, targets export revenues of US$35 billion this year, a year on..

Vietnam start-ups eye Indonesia, Philippines

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Indonesia and the Philippines possess enormous development potential for Vietnamese start-ups, said guest speakers More...

SMEs need to revamp strategy for integration

Small and medium-sized enterprises (SMEs) in Vietnam need step up their efforts and revise their strategy for improving competitiveness in the..

HCMC aims to equitise SOEs in 2015

By the end of 2015, 19 State-owned enterprises (SOEs) operating in HCM City expect to complete the equitisation process. This is..
vietnam coffee

Vietnam named 5th most recognised coffee producer in US

Vietnam is the fifth most recognised coffee producing country in the US – the world’s largest coffee consuming market, according to..
HCM City infrastructure

The nation plans for transport restructuring by 2020 

Vietnam aims to build 2,000 km of highways by 2020 under a transport restructuring project adopted by Prime Minister Nguyen Tan..
Vietnam seafood exports

Seafood sector resumes work in Ca Mau

Nearly 9,000 workers in 11 frozen seafood export processing factories in the southernmost province of Ca Mau have just resumed work..