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VN has lowest current account surplus in Asia

Hanoi, April 6 (VNA) – Vietnam has the smallest current account surplus in Asia at 200 million USD, equal to just 0.1 percent of GDP, according to a quarterly research on emerging Asian economies released by ANZ Bank earlier this week. 

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VN, EU to begin formal negotiations on free trade deal

Hanoi, Apr. 6 (VNA) - The EU and Vietnam are set to begin full negotiations for a free-trade agreement after completing the scoping exercise with a common understanding on key topics to be covered by the agreement on Mar. 31 during the 2nd ASEAN-EU Business Summit held in Phnom Penh.

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Low-cost smartphones dominate market

HCM City, April 6 (VNA) — Although Vietnam''s mobile phone market has been unable to maintain its previous high growth rate, smartphones continued to be popular last year as vendors launched low-cost models as well as promotions that increased shipments by 75 percent quarter-on-quarter in 2011, according to a recent report from International Data Corporation.   

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HSBC VN wins Visa payment volume award

HCM City, April 6 (VNA) – The Hong Kong and Shanghai Banking Corporation (HSBC) in Vietnam said on April 6 it has been awarded the prestigious ‘Visa Leadership in Payment Volume’ prize for the second time.  

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Key economic regions to get preferential mechanism

Can Tho, Apr. 8 (VNA) – In the 2011-2015 period, the Government will issue preferential mechanisms for key economic regions, focusing on the restructuring of the economy and businesses, and training high-quality human resources, in order to improve their leading role in the country’s economic development.       

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Southeastern region sets improved economic growth

Hanoi, April 9 (VNA) – Officials from the Ministry of Industry and Trade and local departments in the southeastern region called for better government and commercial linkages in order to improve economic growth.    

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Spring economic forum focuses on restructuring

Da Nang, April 9 (VNA) – The two-day 2012 Spring Economic Forum is examining ways of successfully completing this year’s socio-economic development plans as well as restructuring State businesses and public investment.    

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Urbanisation important for Vietnam’s future

Hanoi  , Apr. 5 (VNA) – On April 5 the World Bank (WB) released its Vietnam Urbanisation Review, which underlines the key role of urbanisation in the national economic development strategy.    

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Delta hosts coconut festival

Ben Tre, April 6 (VNA) — The third Coconut Festival opened on April 5 in the Mekong Delta''s  province of Ben Tre  with several cultural activities to honour the area''s native fruit.       

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All Hanoi taxis face inspection

Hanoi  , April 6 (VNA) — All taxi companies in  Hanoi  will be evaluated during a three-week inspection from on April 10 and those found to have violated regulations will have their operational licence revoked, said deputy director of the city''s Transport Department Nguyen Hoang Linh on April 5.  

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