Vietnam sees GDP growth of 6.2% for 2016
The General Statistics Office (GSO) has forecast the country’s gross domestic product (GDP) to have grown by 6.2% for 2016 on the back of solid manufacturing and construction numbers.
HBC’s headquarters inaugurated
Early December 27, Ha Tien-Becamex Cement Joint Stock Company (HBC) held a ceremony to inaugurate its headquarters and pay tribute to clients at Ben Cat town-based My Phuoc 1 Industrial Park.
Paying attention to raising rubber value
According to the Vietnam Rubber Association, Vietnam’s rubber exports in 2016 were expected at 1.2 -1.25 million tons, a year-on-year increase of 5.5-10%.
Aquatic product exports fetch US$7 billion in 2016
Vietnam’s export turnover of aquatic products reached US$7 billion in 2016, an increase of 6.6% over 2015, reported the Ministry of Agriculture and Rural Development.
Foreign investment could slow due to low localization
Commercial trade growth for the Asia Pacific Region slowed to 2.3% in 2015, far below the expectations of 2.7% that had been forecast, said the Asian Development Bank in a recently released report.
Mangosteen hit US and Australian supermarket shelves
Vietnam mangosteens and lychees have been licenced to enter the US and Australia. This is a good sign for the fruit and vegetable sector.
Over VND3.9billion spent on industrial promotion
Provincial Industrial Promotion and Development Consultancy Center said that the province’s total expenditure for industrial promotion in 2016 was more than VND3.9billion
Vietnam’s wood processing faces material shortage
Vietnam must improve the local supply of raw materials for the wood processing industry to ensure sustainable development and meet export targets.
Lai Chau hydropower plant inaugurated
The Electricity of Vietnam (EVN) held a ceremony in the northwestern mountainous province of Lai Chau on December 20 to inaugurate the Lai Chau hydropower plant.
Industrial manufacture further plays a main role in socio-economic growth
The province’s industrial manufacture over the past time reached stable growth and continued playing a main role in the local socio-economic picture.
“Bringing Vietnamese goods to rural areas” program in Tan Long absorbs 10 businesses with 30 booths
Provincial Trade Promotion Center has just held the 2016 program of “bringing Vietnamese goods to rural areas” in Phu Giao district’s Tan Long commune.
Bau Bang is home to 15 cooperative groups, cooperatives
Bau Bang now has a total of 5 cooperatives with 37 members
Hung Thinh Trading-Production-Construction JSC receives first-class Labor Medal, marks 20th anniversary
On the evening of December 19, Hung Thinh Trading-Production and Construction Joint Stock Company (JSC), the investor of Dong An Industrial Park (IP) grandly held a ceremony to receive the first-class Labor Medal
Work starts on Phuc Khang Omron Healthcare Manufacturing Vietnam area project
Early December 19, Omron Healthcare Manufacturing Vietnam Co.Ltd. held a groundbreaking ceremony for the construction of its welfare area project for workers
PM urges incentives for investors in Gia Lai
Prime Minister Nguyen Xuan Phuc urged authorities of the Central Highlands province of Gia Lai to provide specific incentives for domestic and foreign investors during an investment promotion conference
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