Industries

Growth in Vietnam’s Entertainment Sector Attracting Foreign Investors

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An investor who visits the Megastar Cinema in Vincom City Tower in Hanoi will likely be met by large crowds. A visit to the West Lake, passing through the Ho Tay water park, will generate a similar experience. By Jonathan Choppin Jul. 12 – The entertainment industry in Vietnam is showing increasing potential and positive […]

Goods Imported into Vietnam must Register Certificate of Origin

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Jul. 5 – In an afternoon news conference on June 30, 2011, Deputy of Vietnam’s Ministry of Agriculture and Rural Development Diep Kinh Tan said Circular No. 13/2011/TT-BNNPTNT would guide the inspection of food safety resources and vegetable imports effective from July 01, 2011. The Circular clarified that if the origin of plants and goods […]

Logistics Industry Outlines New Strategies to Catch Bigger Opportunities

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Jun. 27 – The Vietnamese logistics market is still at a very early stage of development, so there are still various difficulties in this area. Nonetheless, the logistics industry is a huge contributor to the country’s gross domestic product. To increase development, logistic companies in the country are looking at new strategies and try to […]

Vietnam to Invest in Water-Related Infrastructure

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Mar. 31 – Vietnam’s government aims to boost the nation’s shipping volume by more than 400 percent over the next 10 years by investing heavily in its ports. The emergent Southeast Asian economy is channeling billions of dollars into building ports for container ships in a move to draw export-oriented industry from China.

Vietnam’s MOF to Update Finance and Real Estate Regulatory Frameworks

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Feb. 28 – Vietnam’s finance and real estate regulatory frameworks are set to undergo changes in the coming months, according to the Ministry of Finance. New amendments to securities regulations to come into effect in July will allow companies and investors to negotiate investments in terms of cash or assets, contingent upon the mutual approval of contracts and price agreements […]

Cai Mep Agriculture Port in Ba Ria, Vung Tau Province Reopens

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Dec. 8 – Cai Mep Agricultural Port, one of the region’s largest ports, reopened on December 1. The 308-meter-long port closed to allow upgrade efforts to take place which aim to more than quadruple its capacity from 30,000 deadweight tons to 160,000 deadweight tons, and will eventually be able to accommodate 200,000 deadweight tons by […]

Russia to Help Build Vietnam’s First Nuclear Power Plant

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Nov. 1 – Russia signed a US$5.6 billion deal with Vietnam on Sunday, committing Russian technological know-how to help build Vietnam’s first nuclear power plant and increase the country’s hydroelectric capacity. Vietnamese President Nguyen Minh Triet and Russian President Dmitry Medvedev oversaw the signing of the treaty during talks over the weekend in Hanoi. Construction […]

Vietnam to Open Up Express Delivery Market to Foreign Companies

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Oct. 21 – To fully comply with WTO policies, Vietnam has committed to opening up its growing express delivery market to create a level playing field for both domestic and foreign express mailing companies. Vietnam’s express delivery market has seen tremendous growth over the last few years with total revenue in the sector rising from […]

Single Customs Window Pilot Project to Improve Vietnam Trade

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Sept. 28 – Vietnam is working towards improving its trade process with a single window customs pilot project backed by the U.S. Trade and Development Agency. “This pilot project will help to increase revenue, enforce trade compliance regulations and reduce the cost of cargo movement into Vietnam, an increasingly important partner for the United States […]

Dong Thap Province Seeking US$1.07 Billion for Transport Investment

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Sept. 22 – Dong Thap Province in southern Vietnam is seeking VND21 trillion (US$1.07 billion) in investments to upgrade its road and port systems by 2020. The province is known for its agriculture-based economy, but is working towards shifting to more industry and trade-oriented businesses. It wants to expand trade capacity by developing ports IDI, […]

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