The National Assembly (NA) of Vietnam will issue more incentive policies and work alongside the Vietnamese Government to facilitate the operation of foreign investors, including those from Singapore, in the country, said NA Chairwoman Nguyen Thi Kim Ngan.
Vietnam attracted more than 1,900 foreign direct investment (FDI) projects from Singaporean businesses in January-October, which were valued at US$41.7 billion.
By the end of November 2016, Vietnam had 324 IZs, including 220 operating with an occupancy rate of 51%, according to MPI’s (Ministry of Planning & Investment) IZ Management Board Department.
The General Department of Customs (GDC) has recognised Japanese printer manufacturer Fuji Xerox Hai Phong Co Ltd in the northern port city of Hai Phong as a priority enterprise.
The central province of Quang Tri has granted investment licenses to 12 projects with a total capital of nearly VND2 trillion (US$88 million) since the beginning of 2017.
The EU-Vietnam Free Trade Agreement (EVFTA) will help Vietnam become the regional hub for many foreign manufacturing companies, promoting the development of industrial parks (IPs) in the country, said Gellert Horvath, vice chairman of the European Chamber of Commerce (Eurocham).
Foreign investors have poured a large amount of investment into textile and infrastructure in the southern province of Binh Duong since the beginning of this year.
Singaporean Prime Minister Lee Hsien Loong met Secretary of the Da Nang municipal Party Committee Nguyen Xuan Anh on March 24 in Hanoi.
The trade relations between Vietnam and Singapore have been developing since they lifted ties to strategic partnership.
The official visit to Vietnam by Prime Minister Lee Hsien Loong is expected to deepen and broaden the Strategic Partnership between Singapore and Vietnam and bring bilateral relations to even greater heights, Singaporean Ambassador to Vietnam Catherine Wong has said.
VOV.VN - Ho Chi Minh City is improving its business environment to provide the best conditions for foreign enterprises, including those from Singapore, has said Chairman of the municipal People’s Committee Nguyen Thanh Phong.
Vietnamese Ambassador to Singapore Nguyen Tien Minh commented on the prospects of Vietnam-Singapore ties amid the current globalisation and digitalisation during a recent interview granted to Vietnam News Agency correspondents in Singapore.
Foreign direct investment flows into Vietnam’s real estate sector hit US$345.5 million in February, accounting for 10.1 percent in total FDI poured into the country, increasing by 12 times year-on-year.
Panasonic Eco Solutions Vietnam Co Ltd (PESVN) announced a decision on February 27 to construct a new wiring device and circuit breaker factory in Binh Duong with an aim to double the company’s production capacity in Vietnam.
Many merger & acquisition (M&A) deals in the pharmaceutical industry have been made this year, in which the buyers were foreign investors.
Analysts have noted that a strong cash flow from tax havens are flowing to Vietnam. ‘Tax haven’ economies attract investors from all over the globe.
VOV.VN - Seven Vietnam-Singapore Industrial Parks (VSIPs) nationwide have drawn US$9 billion investment and generated 176,000 jobs after two-decade development.
Malaysian-backed Santomas Vietnam JSC has broken ground on its third plant in VSIP Bac Ninh. VIR’s Bach Quang talks with chairman and CEO Chua Ah Lay on the firm’s robust expansion and innovations to stay competitive.
Bulgarian entrepreneurs visited the southern province of Binh Duong on October 19 to learn about investment opportunities in the province, especially in the Vietnam-Singapore Industrial Park (VSIP).
Speaker of the Singaporean Parliament Halimah Yacob has called for further strengthening Vietnam-Singapore ties across the fields, especially ties between the two legislatures and their friendship parliamentarians’ groups.