With the aim to promote the strength on the key economic fields such as industry, services and seaports, in 3 years from 2013 to 2015, Ba Ria-Vung Tau province will prioritize funds for infrastructure projects. This investment is aimed at removing problems on road traffic that the port system is encountering.
Saigontourist Travel Service Company has received 1,000 foreign passengers and crew members from Germany's Amadea and the UK's Saga Ruby cruise ships which docked in HCM City on March 27.
Belgian Crown Prince Philippe, accompanied by executives from 200 businesses, arrived in Vietnam on March 11 for a visit that will last till March 16 to promote trade and economic linkages between the two countries.
The country is expected to import 2.34 million tonnes of fertilisers this year, 560,000 tonnes less than in 2011, according to the Ministry of Industry and Trade.
The operation of the ports and import-export companies in HCM City have been upset because of the serious congestion of goods at the port, caused by the decision to restrict trucks on some routes to the inner city.
Vietnam is likely to reach a total export turnover of $95 billion for the year, based on the results of the past 10 months, Deputy Minister of Industry and Trade Nguyen Thanh Bien said.
Vietnam completed 88 percent of annual export target in the first nine months. Export turnover was estimated to reach US$70 billion in the January - September period, up 25.4 percent year on year. Foreign-invested companies raked in US$32.5 billion (excluding crude oil) in the period, up 35.2 percent. Up to 20 exports brought in at least US$1 billion each.
35 years after Vietnam and the Philippines established diplomatic ties, the bilateral relations have thrived in most areas like politics, economy, trade and investment, science, technology, agriculture and fisheries.
