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Ministries with good growth in disbursing public investment were the Ministry of Transport, 8.34 trillion VND, equivalent to 41.6 percent of the plan for the full year and up 91.7 percent against the same period last year. The Ministry of Health disbursed a sum worth 2.3 trillion VND, 34.7 percent of the target and up 36.1 percent while the Ministry of Agriculture and Rural Development saw 1.76 trillion VND in disbursed capital, 39.6 percent and 34.1 percent, respectively. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 4

  Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has issued a plan for implementing a trade agreement between Vietnam and Cuba. The plan outlines the tasks for ministries, ministerial-agencies, State agencies and localities, one of which is to promote the dissemination of information related to the agreement through the media, websites, training courses, and seminars. Information and forecasts related to import, export, trade and investment should be updated to Vietnamese enterprises, helping them understand more about Cuba’s technical requirements, rules on management of goods import and export, as well the market’s demand. Regarding policy and institutions building work, ministries, ministerial-level agencies, Government agencies, People's Committees of provinces and centrally-run cities must consult related parties in the process. Ministries and sectors were asked to continue coordination with the Cuban side to develop and complete necessary institutions … [Read more...] about Plan issued for implementing Vietnam – Cuba trade agreement

Speaking at a recent meeting on trade co-operation with EU partners, Deputy Minister of Industry and Trade Hoang Quoc Vuong said bilateral trade has increased from about $4.1 billion in 2000 to $56.45 billion last year. Vietnamese exports to the EU were worth almost $41.5 billion. … [Read more...] about Vietnam receives positive view in global exports as EVFTA takes effect: report

Tuna fish to be exported to the EU market. VNA/VNS Photo Xuân Trường Speaking at the forum on trade cooperation with EU partners on Friday, Hoàng Quốc Vượng, deputy minister of Industry and Trade, said the trade deal, which takes effect on August 1, will open up many co-operation opportunities between Việt Nam and the EU. … [Read more...] about Vietnam fulfills international commitments as EVFTA takes effect

Hanoi (VNA) - The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) was held via video conferencing on August 5 under the chair of Vietnam and Japan. This is an important meeting in a series of ASEAN and ASEAN+3 financial cooperation events chaired by Vietnam this year to prepare for the ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting slated for September. Deputy Finance Ministers and Deputy Governors of the central banks of ASEAN member states and China, the Republic of Korea, and Japan discussed the region’s financial cooperation initiatives, such as the Chiang Mai Initiative Multilateralisation (CMIM) and the Asian Bond Markets Initiative (ABMI), and approved policies and plans for the mid-term operations of the ASEAN+3 Macroeconomic Research Office (AMRO). Participants expressed their appreciation of the progress made in the continuous completion of the CMIM to meet new requirements in the financial market and to be in accordance … [Read more...] about ASEAN+3 countries discuss financial cooperation