REUTERS HANOI, NOVEMBER 15, 2020 12:20 IST UPDATED: NOVEMBER 15, 2020 12:20

The Hindu

Amid questions over Washington’s engagement in Asia, RCEP may cement China’s position more firmly as an economic partner with Southeast Asia, Japan and Korea, putting the world’s second-biggest economy in a better position to shape the region’s trade rules

Fifteen Asia-Pacific economies formed the world’s largest free trade bloc on Sunday, a China-backed deal that excludes the United States, which had left a rival Asia-Pacific grouping under President Donald Trump.

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vietnamnet 02/11/2020    19:34 GMT+7

“Coastal urban area” is a phrase that is appearing increasingly in the print and electronic media.

Rendering of NovaWorld Phan Thiet project in Binh Thuan Province. Photo: haiphathome.vn

It began after the launch of a series of large-scale coastal developments like NovaWorld Phan Thiet in Binh Thuan Province and NovaWorld Binh Chau in Ba Ria-Vung Tau in recent times and some even started offering their products for sale.

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30/10/2020    07:10 GMT+7 vietnamnet

Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.

A train in Ninh Phuoc District, Ninh Thuan Province. — VNA/VNS Photo

The high-speed line, inter-provincial, inter-regional and urban railway networks must also be added to the strategy, he said.

He was speaking at a Government meeting on Wednesday on the development strategy for Vietnam’s railway towards 2050.

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VnExpress

Quy mô đầu tư công trung hạn giai đoạn 2021-2025 tăng hơn 37% so với giai đoạn 2016-2020, tương đương 2,75 triệu tỷ đồng.

Báo cáo trước Quốc hội, Bộ trưởng Kế hoạch & Đầu tư Nguyễn Chí Dũng cho biết, tổng mức vốn đầu tư trung hạn từ nguồn ngân sách giai đoạn 2021-2025 là 2,75 triệu tỷ đồng, tăng 37,5% so với kế hoạch giai đoạn 2016-2020. Trong đó, nguồn từ ngân sách trung ương là 1,38 triệu tỷ, còn vốn cân đối ngân sách địa phương là 1,37 triệu tỷ đồng. Mức dự phòng chung là 10%.

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15/10/2020    09:30 GMT+7 vietnamnet

The land rent in some industrial zones in Hai Phong, Bac Ninh and Hai Duong has increased by 20-30 percent.

Covid-19 has temporarily disrupted investments, but the interest in Vietnam remains strong as it is expected to be the new industrial power in the region. Investors are still seeking land and workshops to prepare their plans.

According to JLL, more and more online platforms have been set up which allow clients to find and lease land from a distance.

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13/10/2020    19:02 GMT+7 vietnamnet

Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.

Enterprises founded under the provisions of the Law on Enterprise would be exempt from the ruling.

The regulation aimed at preventing individuals from investing in real estate in foreign countries for the purpose of obtaining citizenship, according to the ministry.

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By Phuoc Tuan   October 9, 2020 | 08:31 pm GMT+7 VNExpress

A VND18 trillion ($777 million) expressway is proposed to be built between the southern province of Dong Nai and Lam Dong in the Central Highlands.

The 67-kilometer expressway will have four lanes and allow vehicles to travel at up to 80 kilometers per hour, according to a pre-feasibility report drawn up by the Ministry of Transport’s Thang Long Project Management Unit.

It will run from Tan Phu District in Dong Nai to Bao Loc Town, which is famous for tea.

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Tuesday, October 06, 2020, 18:32 GMT+7 tuoitrenews

South Korean multinational conglomerate LG has announced the establishment of a center for the research and development (R&D) of vehicle components in the central Vietnamese city of Da Nang.

The Da Nang Investment Promotion Agency (IPA) and the Vehicle Component Solutions – Development Center (LG VS) of LG Electronics Vietnam Hai Phong Co. Ltd. on Tuesday signed a memorandum of understanding (MoU) on the center’s foundation.

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31/07/2020    15:51 GMT+7 31/07/2020 vietnamnet

The Government has approved a project on night-time economy development in Vietnam which will allow major cities and tourist attractions to pilot night-time services until 6 a.m.

The project aims to take advantage of the potentials of night-time economy to boost the national economy and enhance the incomes of the people while ensuring social order and safety.

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11/09/2020    06:59 GMT+7

Minister of Planning and Investment Nguyen Chi Dung has urged localities in the south-east and Mekong Delta regions to develop transport infrastructure by diversifying the sources of and effectively using capital over the next five years.

Speaking at a conference on socio-economic development in the two regions, he called on them to lay out their objectives and priorities for public investment in 2021-25 to ensure “focused and effective investment.”

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Chia sẻ | FaceBookTwitter Email Copy LinkInterested003/09/2020    12:32 GMT+7

In recent years both Hanoi and HCM City have undergone rapid development, with many skyscrapers, immense boulevards, and impressive public works taking shape. 

Let’s take a look at the amazing architectural feats of the nation’s two largest cities:

Ba Dinh Square, the country’s largest square, is located on Hung Vuong street directly in front of the Ho Chi Minh Mausoleum. The site is the place where President Ho Chi Minh proclaimed the Declaration of Independence on September 2, 1945, therefore marking the start of the Democratic Republic of Vietnam.

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Thursday, August 20, 2020, 10:32 GMT+7 tuoitrenews

Vietnam’s prime minister has approved a proposal by the Ministry of Planning and Investment and the Ministry of Finance to construct a key road in the Mekong Delta using official development assistance (ODA) loans from South Korea.

A total of US$166.47 million in untied ODA loans will be taken from the Korea Economic Development Cooperation Fund (EDCF) via the Export-Import Bank of Korea (Keximbank) for the My An-Cao Lanh road project in Dong Thap Province, according to the proposal.

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31/07/2020    14:33 GMT+7 vietnamnet Vietnam is projected to be the fifth highest-growing economy in the world this year and the country has a unique opportunity to increase its footprint in the global economy in both trade and investment,  Stefanie Stallmeister, World Bank Acting Country Director for Vietnam, has said.

She made the remarks during the unveiling of the WB’s report “What will be the new normal for Vietnam? The economic impact of COVID-19” on July 30. Continue reading on CVD >>

Update: July, 18/2020 – 07:18|VNSWorkers of Foster Electric Vietnam Co Ltd on a production line. The total import-export value of the whole country in June reached US$43.28 billion, up 15.8 per cent over May. — VNA/VNS Photo Thống Nhất

HÀ NỘI — Việt Nam recorded a trade surplus of US$5.46 billion in the first half of this year, the highest six-month surplus ever recorded, data of the General Department of Customs this week showed.

Việt Nam’s import and export activities recovered strongly in June, signalling a more optimistic outlook for the country’s foreign trade in the latter half of this year, especially as many countries have started easing COVID-19 control measures and are accelerating the recovery process.

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vietnamnet 20/07/2020    19:13 GMT+7

Vietnam is expected to attract 15 Japanese firms of different sizes that will receive Japanese government’s subsidies to shift manufacturing plants out of China to diversify its supply chain.

Manufacturing semiconductors at MTEX – a Japanese invested company in Vietnam (Photo: Cao Thang)

The Japanese Ministry of Economy, Trade and Industry (METI) has recently unveiled a list of 87 firms that will receive JPY 70 billion (US$653 million) to implement the scheme, according to Nikkei Asian Review.

Thirty firms will shift production to Southeast Asia, including Vietnam and Laos, while the remaining 57 firms will head to Japan.

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