VN investors raise overseas profile

T3, 07/14/2009 - 18:04

(VNA) During the last two decades, Vietnamese investors have initiated 370 overseas projects worth 5.1 billion USD, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Most of the projects are in industry, construction, agro-forestry and fisheries, oil exploration and services.
Industrial and construction sectors account for 155 projects with total Investment capital of 4.2 billion USD.
Laos leads 48 countries and territories in attracting Vietnamese investors, followed by Malaysia , Algeria and Cambodia .

Exports from Vietnam to US show signs of recovery

T3, 07/14/2009 - 18:02

(VNA) The Ministry of Industry and Trade expects exports to the US market to climb slightly to 12.7 billion USD this year from 12 billion USD in 2008.
This estimate is based on four consecutive months of growth in export revenues to the world’s largest economy, said the ministry.
Garments, wood and wooden furniture, electronics and components are major hard currency earners. In regard to garments alone, the industry earned 2.2 billion USD from exports to the US market in the first half of this year, representing 55 percent of its total export revenues over the period.

Prime Minister pushes for 5-percent GDP growth rate

T3, 07/14/2009 - 17:58

Prime Minister Nguyen Tan Dung has called for the nation’s concerted efforts to combat the economic slowdown and fulfil the GDP growth target of 5 percent for this year.
The PM made the request at a regular government meeting held on July 6-7. Leaders of the People’s Committees of all 63 provinces and cities took part in the socio-economic development session via live television.

Many activities to be held for expats in homeland

T3, 07/14/2009 - 17:56

(VNA) Hanoi will host the first ever conference of overseas Vietnamese worldwide from November 20-22, according to the State Committee for Overseas Vietnamese.
The conference, under the theme of “For a community of solidarity and strength, contributing to national construction”, expects to see the participation of 1,000 delegates, including 650 overseas Vietnamese, who represent Vietnamese communities in more than 100 countries and territories over the world.

Vietnam plays host as 2010 Chairman of ASEAN

T3, 07/14/2009 - 17:54

Vietnam will host a series of important summit meetings of the Association of the Southeast Asian Nations (ASEAN) as it takes the chairmanship of the group in 2010.
This is part of its responsibilities in taking the chairmanship, as stipulated in the ASEAN Charter, which came into force at the end of last year, and set out rules to make the group a legal entity as well as to establish a single market by 2015.
Accordingly, ASEAN ministerial meetings, the group’s summit meetings and those between the group and its partners such as ASEAN+1, ASEAN+3 will be held in Vietnam.

Vietnam, Russia enter new strategic dialogue

T3, 07/14/2009 - 17:52

(VNA) Vietnam and Russia opened a strategic dialogue on foreign relations, national defence and security in Moscow, Russia, on July 9.
It was the second of its kind so far in furtherance of high-level commitments made by the two countries during an official visit to Russia by Prime Minister Nguyen Tan Dung in September, 2007.
The Vietnamese delegation was led by Permanent Deputy Foreign Minister Pham Binh Minh and the Russian side by First Foreign Minister Andrey Denisov.

Positive economic signals forecast for second half

T3, 06/30/2009 - 18:05

(VNA) Vietnam’s economy will see positive developments in the second half of the year as the government’s loosened monetary policies and stimulus packages become effective, said a senior economic expert.

Foreign investment reaches 8.7 billion USD during first half of year

T5, 06/25/2009 - 17:21

CPV - The country has attracted US$8.7 billion in foreign direct investment (FDI) despite the global economic downturn, said the Director of the Foreign Investment Agency, Phan Huu Thang on June 23. Accommodation and restaurants are the most popular projects for foreign investors with nearly $4.5 billion already registered.

Mr. Le Cong Dinh was arrested for his law-breaking activities

T4, 06/24/2009 - 17:12

Regarding Vietnam’s reaction on the Statement dated on 22nd June, 2009 by EU Heads of Mission on the arrest of Mr. Le Cong Dinh, Vietnamese Foreign Ministry Spokesman Mr.Le Dung said:

It should be asserted that Mr. Le Cong Dinh was arrested for his law-breaking activities and collusion with some elements abroad in undertaking activities aiming at overthrowing and undermining the State of Vietnam. Mr. Le Cong Dinh himself did admit his violation.

National Assembly's 5th session closed

T4, 06/24/2009 - 17:01

(VNA) The National Assembly agreed to revise down its target GDP growth rate to around 5 percent for this year at the end of its fifth session in Hanoi on June 19 after working for 26 days.
The legislative body also agreed to revise several other targets, including the consumer price index, at below 10 percent, the export growth rate, at 3 percent and State budget deficit spending, not to exceed 7 percent.
The body gave the nod to exempting individuals from income tax from January 1, 2009 until the end of June.

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