Disbursed foreign direct investment (FDI) totaled $1.05 billion for the year as at January 20, an increase of 10.5 per cent compared to January 20, 2017, government data reveals. Illustrative photo Foreign investors secured approval to pour $442.6 million into 166 new projects in Vietnam during the month, down 64.4 per cent year-on-year in value and 5.1 per cent in project numbers, a General Statistics Office (GSO) report released on January 29 noted. They also added $456.8 million to 61 existing projects, up 155 per cent from a year earlier. Overseas investors also outlaid $356 million on mergers and acquisitions (M&As) during January, up 54.7 per cent from a year earlier. Manufacturing remained the most appealing sector, attracting $746.8 million into both new and operational projects in January and accounting for 83 per cent of total foreign investment. M&A outlays totaled $162.2 million. Foreign investors poured capital into 24 cities and provinces around the … [Read more...] about Disbursed FDI up 10.5% in January
T805 galaxy tab s 10 5 lte
Industrial production up 10.5% in six months
Among the key industrial products that posted high IIP increases in six months were raw steel and iron (43.7 per cent); fabric (22.1 per cent); sugar (19 per cent); liquefied petroleum gas (18.5 per cent); feed for seafood (17.8 per cent); television (17 pe Viet Nam’s index of industrial production (IIP) increased 10.5 per cent on-year in the first half of 2018, the General Statistics Office (GSO) reported. The metric was higher than the 7 per cent growth recorded in the same period last year, the GSO said. The GSO attributed this year’s IIP growth to breakthroughs in the processing and manufacturing sector, which rose 12.7 per cent, contributing 9.7 percentage points to the overall IPP. According to the GSO’s general director, Nguyen Bich Lam, the processing and manufacturing industry was a bright spot for the economy, driving the overall growth of the industry. “It is one of the three sectors, together with the agro-forestry-fishery and services, to achieve … [Read more...] about Industrial production up 10.5% in six months
With overly high prices, Galaxy Tab disappoints Vietnamese high-tech players
VietNamNet Bridge – Since last week, Vietnamese people can place orders for Galaxy Tabs on their website. However, though the new South Korean tablet computer has been advertised as the redoubtable rival of Apple iPad, Vietnamese interest in this product remains very low.Prices sky high, quality low Presenting itself before the public in September at IFA 2010 trade fair, Samsung Galaxy Tab caught the special attention from the public, because this was considered an Android tablet with the great potentials to become a redoubtable rival of Apple iPad. At that moment, at all high-tech forums, both domestic and foreign, analysts highly spoke of the “new star”, especially when they believed that the new star would have competitive prices if compared with iPad. The day when Samsung Galaxy Tab appears on shelves is nearing and the retail price has been clearly quoted. The quoted price of 16 million dong is really high for Vietnamese buyers. The high price has been explained … [Read more...] about With overly high prices, Galaxy Tab disappoints Vietnamese high-tech players
Hoa Sen Group funds VND 10.5 billion for start-up projects
PANO – The Vietnam National University- Ho Chi Minh City (VNU-HCM) and the Hoa Sen (Lotus) Group signed an agreement on implement start-up projects on October 17th with the aim of improving capacity and promoting start-up projects of students and young teachers. Accordingly, the group funds VND 10.5 billion for the university in the period of 2016-2020 to back start-up projects, including VND 500 million for start-up projects of University of Science’s students (under VNU-HCM). The two sides will establish an operational panel to approve detailed plans for start-up projects which were proposed by the VNU – Information Technology Park in collaboration with involved units. Translated by Chung Anh … [Read more...] about Hoa Sen Group funds VND 10.5 billion for start-up projects
Seafood industry eyes 10.5 billion USD in 2020 export
The Hanoitimes - The local seafood industry is striving for an export turnover of 10-10.5 billion USD by 2020, said Duong Phuong Thao, deputy head of the Export-Import Department under the Ministry of Industry and Trade. In the coming time, the seafood industry wants to boost exports in a sustainable way, improve competitiveness and keep the country in the list of the world’s top ten seafood exporters, said Thao a workshop on solutions for sustainable development of seafood production and export held in Can Tho on Wednesday.Specifically, the industry aims at 7.5 billion USD in export revenue by 2015, or 1.3 billion USD higher than 2011. The targeted export growth rate in the 2012-2015 period is 8% per year.By 2020, the industry sets a goal to export US$10-10.5 billion worth of seafood, with the annual growth rate of 7% in 2015-2020.However, experts deemed this target hard to obtain.Participants in the workshop said that after a period of strong growth, seafood output … [Read more...] about Seafood industry eyes 10.5 billion USD in 2020 export