10/06/2014World Malaysia's exports surge 18.9 percent in April Malaysia's Ministry of International Trade and Industry (MITI) on June 6 said that the country's exports amounted to 66.37 billion RM (20.65 billion USD) in April this year, an increase of 18.9 percent as compared to the same period last year. 10/05/2014World Malaysia's trade increases 4.6 percent in March Malaysia's trade in March this year rose by 4.6 percent to 120.46 billion RM (more than 37 billion USD) from the same month last year, according to the Ministry of International Trade and Industry (MITI). 13/02/2014World Malaysia lures 12 bln USD in FDI in 2013 Malaysia's Ministry of International Trade and Industry (MITI) on February 13 announced that the country attracted 38.774 billion RM (roughly 12 billion USD) in Foreign Direct Investment (FDI) in 2013, an increase of 24 percent over 2012. 09/01/2014World Malaysia's exports in November 2013 up 6.7 percent Malaysia's Ministry of … [Read more...] about Ministry of International Trade and Industry (MITI)
Ministry of industry trade and investment
VietNamNet Bridge - Projects incurring losses of trillions of dong, personnel scandals and multi-level marketing firms swindling customers were the top issues dominating 2016 for the Ministry of Industry and Trade (MOIT). 1.Twelve projects run by companies belonging to MOIT have been found unprofitable and incurring a loss of trillions of dong. These included five super-projects mentioned at the latest National Assembly’s second session – Dinh Vu Polyester Plant, Phuong Nam Pulp, Thai Nguyen Iron, Dung Quat Bio-ethanol and Ninh Binh Fertilizer. The other seven projects included Ha Bac Fertilizer, DAP 1 Lao Cai Fertilizer, DAP 2 Hai Phong, Ethanol Binh Phuoc, Ethanol Phu Tho, Dung Quat Shipyard and the joint venture between Quy Sa and Lao Cai Steel Plant. Of these, five projects were invested by the national oil & gas group PetroVietnam and four by the national chemicals corporation VInachem. 2. A series of personnel scandals occurred. In June, VAFI (the Vietnam … [Read more...] about Ministry of Industry & Trade’s biggest problems in 2016
The Ministry of Industry and Trade (MoIT) has terminated eight terraced hydropower stations and 463 small hydro-electricity plants. The MoIT also decided not to consider 213 other potential positions for hydro-electricity development in the next three years and review the implementation of Resolution 62/2013/QH13 on strengthening management of the construction planning, investment, operation and exploitation of hydro-power plants. So far, Viet Nam has housed 306 hydro-electricity plants with a total capacity of 15,473.3 MW. Other 193 projects have been under construction. Up to 245 projects with an estimated capacity of 3,006 MW have been on research and investment stage. Nearly 60 small-size hydro-power plants have been reviewed. Regarding terraced hydropower stations in big flows, 61 projects have been put into operation, generating 13,101 MW. Around 31 others have been under construction with a total projected output of 3,580.5 MW. About 15 projects have been researched. … [Read more...] about Ministry of Industry & Trade abolishes 471 hydro-electricity projects
(VOVworld) - Deputy Minister of Industry and Trade Tran Tuan Anh has concluded his visit to Cuba to seek expanded bilateral cooperation in economics, trade, and investment. Anh told Cuban Deputy Minister of Industry Eloy Alvarez that the memorandum of understanding on industrial cooperation signed by the two sides during Prime Minister Nguyen Tan Dung’s Cuba visit earlier this year is an important precondition for their partnership. Alvarez promised that Cuba will provide more favorable conditions so that industrial affiliation will continue to produce positive outcomes. VNA … [Read more...] about Vietnam, Cuba agree to intensify economic, trade partnership Meeting with officials of the Cuban Ministry of Foreign Trade and Investment, Anh urged Cuba to start negotiating a tax incentive agreement and update the current trade cooperation agreement and other forms of economic cooperation.
Ambassador Ho Minh Tuan calls for more Czech investment in Vietnam - Credit: baotintuc.vn The event was aimed at providing relevant information on markets and cooperative programs between the two countries in the near future.Speaking at the event, Czech Deputy Minister of Industry and Trade Jiri Koliba said Vietnam is an important economic partner of the Czech Republic and the country’s Ministry of Industry and Trade has selected the Southeast Asian nation as one of its 12 top priorities markets in Asia by 2020.In his speech at the workshop, Vietnamese Ambassador to Czech Ho Minh Tuan affirmed that Vietnam and the Czech Republic have established a traditional friendship for over 67 years, and the good political and diplomatic relation is the basis for promoting the economic - trade cooperation of the two countries.According to data from the Czech Statistical Office, in recent years total annual bilateral trade turnover has increased from US$755 million in 2015 to US$912.5 … [Read more...] about Trade and investment promotion workshop held in Czech Republic