News

Focusing on effectively exploiting renewable energy sources

The exploitation and application of renewable energy (RE) to create electricity supply is now a common trend in many countries around the world, aiming to ensure energy security and sustainable development. It is also a solution to gradually eliminate power sources using traditional fuels that ...

Commission welcomes European Parliament's approval of EU-Vietnam trade and investment agreements

The European Commission welcomes today’s decision by the European Parliament to approve the EU-Vietnam trade and investment agreements. The EU-Vietnam trade agreement is now set to enter into force in 2020, upon conclusion of the ratification procedure by Vietnam.The trade agreement will eliminate virtually all ...

Việt Nam ranks second in fintech investment in Southeast Asia

Venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of the total fintech investment in Southeast Asia. In Việt Nam, the leading field attracting venture capital in fintech companies was payment. Fintech companies are targeting about 300 million adults in Southeast Asia who ...

NA debates draft law on PPP

Most National Assembly (NA) deputies agreed on the need for the draft Law on Public-Private Partnership to finalise a legal framework of this type of investment and improve the effectiveness of long-term public-private partnership (PPP) projects. While saying the law should soon be line with international ...

New regulations on foreign exchange management

The State Bank of Viet Nam has issued Circular No. 06/2019/TT-NHNN on foreign exchange management for foreign direct investment activities in Viet Nam.The Circular, scheduled to take effect since September 6, 2019, regulates such activities like capital contribution, opening and use of foreign currency and ...

Measures deployed to lure more investment to agriculture

The Government has issued a resolution detailing measures to encourage businesses investing in safe, effective and sustainable agricultural development. The resolution targets modern and sustainable growth of the agricultural sector towards large-scale production and stronger application of science and technology to improve productivity and products’ quality ...

Stakeholders urged to consult arbitrators in PPP project disputes

Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to ...

Commercial banks provide loans for green energy projects

Commercial banks are offering more low-interest loans with long repayment terms for household solar-energy projects. Under Viet Nam’s renewable energy development strategy, approved in 2015, the country aims to increase the ratio of electricity from renewable sources from 35 per cent of total output in 2015 ...

Vietnam, EU to sign EVFTA on June 30 in Hanoi

The European Council announced on June 25 that it has approved the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Vietnam on June 30 in Hanoi.The EVFTA ...

Transport development in Mekong Delta should be accelerated: official

The development of transport infrastructure connecting the Mekong Delta and the southern economic hub of Ho Chi Minh City should be accelerated in the coming time by increasing investment capital from both local budget and society, Secretary of the municipal Party Committee Nguyen Thien Nhan ...

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