28
10-2020
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Doing business is getting easier in Vietnam, yet still not easy enough

The country has been ranked 90th by the World Bank this year, moving up three spots   Taxpayers submit papers at Hanoi’s tax office. Photo: Ngoc Thang Vietnam moved three places to the 90th position out of 189 economies in the World Bank’s Doing Business report released Wednesday. The country’s score on a scale of […]
28
10-2020
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Newly-established enterprise capital up 46 percent in Oct

Vietnam has approximately 9,200 newly-established businesses with 65.2 trillion VND (2.92 billion USD) in total registered capital in October, a rise of 30.6 percent in number and 46.4 percent in capital from last month. According to the General Statistics Office, the average registered capital per business is 7.1 billion VND (318,000 USD), up 12.1 percent […]
28
10-2020
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Trade deficit hits 4.1 billion USD through October

Vietnam’s trade deficit through the end of October this year, increased to 4.1 billion USD from 3.9 billion USD in the first nine months , according to the General Statistics Office (GSO). During the first 10 months, the total export value gained a year-on-year surge of 8.5 percent to 134.6 billion USD, while the total […]
28
10-2020
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Power price in Vietnam tends to rise due to underlying cost

The output and retail price of electricity in Vietnam has surged, as there are a lot of costs included in the input rate, experts said at a conference in Hanoi this month. EVN technicians are seen installing an electricity meter for a family. Those expenses include asset depreciation, fuel, raw materials, compensation and overhaul, hired […]
28
10-2020
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Vietnam’s largest private power plant completed

Power Company Limited (AES Mong Duong) on October 26 announced the successful completion of Mong Duong II BOT Coal-fired power project (Mong Duong II). Completion ceremony of Mong Duong II BOT Coal-fired power project (Source :VTV) This is the largest private sector power project in Vietnam and the country’s first new private sector power plant […]
28
10-2020
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Foreign investment in VN surges 40% to $19.2 billion

Foreign direct investment (FDI) worth US$19.2 billion poured into Viet Nam through October 20, 2015, a whopping rise of more than 40 per cent over the same period last year. A precision springs production line of Advanex Viet Nam Company Ltd in the northern Hai Duong Province. The processing and manufacturing industry remained the top […]