Vietnam’s investment in Laos has reached almost US$5 billion, the Vietnamese Ministry of Planning and Investment announced on Saturday, Tuoi Tre News reported.
HSBC Bank (Vietnam) chief executive Pham Hong Hai (right) and Kelvin Tan, chief executive of HSBC Thailand, say HSBC aims to capitalise on its presence in seven of the 10 Asean countries.
Ho Chi Minh City should become a national special economic zone, Secretary of the municipal Party Committee Dinh La Thang said.
VIETNAM will remain an attractive destination for labour-intensive industries for at least another five years, thanks to a big pool of young labour. Guaranteeing investment inflows is also the country’s membership of the Trans-Pacific Partnership (TPP), a banker says.
Natural disasters have pulled down agricultural, forestry and fishery production of Vietnam, said a Vietnamese minister on Saturday, warning that if such problems linger, the country's annual economic growth rate is expected to stand at only about 5.45 percent in 2016.
For the first quarter of 2016, the country’s rice exports reached 1.59 million tons, an increase of 41.6 percent in volume and 40.8 percent in value against last year.
Damco, one of the world's leading third-party logistics providers, offers customised freight forwarding and supply-chain solutions.
Textile & garment companies reject the opinion that textiles & garments would be the biggest beneficiary of the TPP (Trans Pacific Partnership) Agreement.
The general secretary was reappointed while the outgoing reformist prime minister will be replaced by his deputy in July.
The Trans Pacific Partnership (TPP), which was concluded in early February, will bring opportunities to Vietnam's businesses, especially those in the textile, garment and footwear sectors, but also barriers that they need to navigate to benefit, experts have said.
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