Several Vietnamese companies have received full orders for textile products by the end of the first quarter of this year, according to the Ministry of Industry and Trade.
Vietnam is accelerating merger and acquisition activities in the banking sector, in an effort to reduce bad debt, which monetary regulators said has been a heavy burden on the country's economy.
Compared with other developing markets in the region, Vietnam is emerging as the clear leader in low-cost manufacturing and sourcing, with the country’s manufacturing sector now accounting for 25 percent of Vietnam’s total GDP.
Thanks to low inflation resulting from decreases in oil and goods prices, improved production and consumption, Vietnam finds it workable to meet the economic growth target in 2015, said Vietnam's National Financial Supervisory Commission (NFSC) on Monday.
The European Union (EU) expects it and Vietnam can soon conclude negotiations over a free trade agreement (FTA), and this will make it possible for the EU to recognize Vietnam as a market economy, said the Ambassador and Head of the EU Delegation to Vietnam.
Labor legislation stipulates cases in which foreign employees need not apply for work permits, one of which includes those who are reassigned within an enterprise operating in 11 service sectors under Viet Nam's service commitments to the WTO.
Total foreign direct investment (FDI) in Viet Nam surged 67.1 per cent to US$664 million in January, up from a year ago, the Foreign Investment Agency reported yesterday.
Top diplomats from the United States and Vietnam are gathering at a conference in Hanoi to place the stepping stones for their bilateral relationship over the next 20 years and more.
Ten items joined the US$3 billion export club in 2014, together making an export turnover of US$104.14 billion, accounting for 69.3% of the total and representing a rise of 13.9% from 2013.
Vietnam and the European Union (EU) concluded the 11th and the last round of free trade agreement negotiations in Brussels, the capital of Belgium, on January 23 after five days of sitting.
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