Int'l supporting industry exhibition opens
(Aug 27, 2015)
The Viet Nam International Supporting Industries Exhibition (VSI Expo)
2015 opens at Tan Binh Exhibition and Convention Centre in HCM City on
August 27 with the participation of more than 140 domestic and foreign
Viet Nam's index of industrial production (IIP) in the first eight
months of 2015 gained 9.9 per cent year-on-year due to the recovery in
national industrial production.
Viet Nam has become the second biggest destination for Japanese
investors in ASEAN – after Thailand – with 1,463 members in the
Federation of Japanese Chambers of Commerce and Industry in ASEAN
Binh Son Refining and Petrochemical Company Limited (BSR) signed a
contract on August 28 with UK-based Amec Foster Wheeler Energy Limited
to assist in the Dung Quat Oil Refinery expansion project.
Most Vietnamese businesses are still unclear about international trade
and business laws, which could result in a loss of opportunities
presented by the Trans Pacific Partnership (TPP), experts have said.
Viet Nam's trade deficit rose by around US$200 million in August to
stand at $3.6 billion in the first eight months of this year, according
to the latest update of the General Statistics Office.
International visitors to Viet Nam in August reached an estimated
665,000, surging 12 per cent against last month and 7.5 per cent against
the same period last year, data from the General Statistics Office
The My Loi bridge linking the two southern provinces of Long An and Tien
Giang, which opens to traffic tomorrow (Saturday), will reduce the
distance to the latter province from HCM City to 25km, or just a fourth
of the current distance.
The disbursement of foreign direct investment (FDI) in Viet Nam stood at
US$8.5 billion in the past eight months, a year-on-year rise of 7.6 per
Viet Nam needs to complete the legal framework to improve its position
in the global economic integration, Chairman of the National Assembly's
Committee for Economics Nguyen Van Giau said on August 27.
Prime Minister Nguyen Tan Dung has asked the Airport
Corporation of Viet Nam (ACV) to be investor of the Long Thanh
International Airport in the southern Dong Nai Province.