US-imposed trade tariffs on its close allies could have a “grave impact” on ties and the world trading system, the Japanese government said Monday (Jun 4), describing the situation as “extremely deplorable”.Read More →
AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States.
The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth and a supportive atmosphere for scientific and technological innovation, according to annual rankings by the Switzerland-based IMD World Competitiveness Center.
The Ministry of Finance (MoF) has urged some State-owned enterprises (SOEs) to hasten their equitisation and divestment plans, as progress remains slow and might fail to meet their deadlines this year.
The MoF reported that authorities approved equitisation plans for only five SOEs in the first five months of this year, while the Government set to equitise at least 85 SOEs this year.Read More →
When New Yorker Neal Bermas was planning a trip around Asia in 1999, he chose HCM City as one destination among several. He did not expect that his encounters with homeless and street children here would become the first chapter in the story of his attachment to Vietnam. With his years of experience in the hotel and restaurant business, he founded a non-governmental organisation (NGO) called STREETS international to provide vocational training to at-risk children in Hoi An. He spoke with An Vu on the establishment of STREETS and its futureRead More →
Ho Chi Minh City/Vietnam, May 15, 2018 – Warburg Pincus, leading global private equity firm focused on growth investing, and Becamex IDC Corp, the largest industrial real estate developer in Vietnam, announced today the official launch of their joint venture BW Industrial Development Joint Stock Company (“BW Industrial”) in Vietnam. With over 2,000,000 square meters of projects under development and initial investment of over US$200 million, BW Industrial is the largest ‘for-rent’ industrial and logistics developer in Vietnam.Read More →
The Communist Party of Vietnam (CPV) will focus its efforts on reforms, striving towards a “contingency of officials with competence, virtue, and reputation befitting their duties.”
This commitment manifested clearly in the Resolution of the 7th plenary meeting of the 12th Central Committee that concluded on May 12, and was signed into effect by the Party’s leader Nguyen Phu Trọng on Saturday.Read More →
Authorities in the Cuu Long (Mekong) Delta have tightened management of breeding areas for tra fish as prices continue to rise.
More farmers are breeding the fish because of the high price, but authorities have told them to not breed the fish in unzoned areas as there are threats of disease outbreaks and reduced productivity.