A joint venture of US-based ExxonMobil and Vietnam Oil and Gas Group (PetroVietnam) has advanced plans for a multi-billion dollar gas exploitation project off Vietnam’s central shore, Rigzone reported.  

Being the deal’s co-founder, Vietnam has the rights to accept or refuse a third country joining the CPTPP, while future participants could not propose too many new clauses to the deal as they must accept existing conditions.

Though the government’s policies have contributed significantly to raising the interest of foreign investors in the Vietnamese real estate sector in recent years, experts suggested revisions are needed to make the market more attractive to the investors.

New-generation free trade agreements have provided fresh impetus for investors from Europe and developed countries to expand their operation in Vietnam and invest in the country’s hi-tech initiatives, experts said.

Non-equity modes (NEMs) of investment, or cross-border investment without capital contribution, have become an increasingly important form for foreign capital attraction and Vietnam should raise appropriate policies to better lure the inflow, experts said.

Cosmopolitan, an international magazine for women, has picked up 19 places to visit in Vietnam in 2019, to help you figure out how to get the most out of your next trip to the S-shaped country.  

Many foreign automobile part manufacturers have recently started the construction of their plants in Vietnam, which is in line with the government’s policies on encouraging investment in the local support industries.

Vietnam has been named among best destinations that you aren’t wasting too much time on travel, according to a list released by The Economic Times, an English-language, Indian daily newspaper.

Vietnam ranked top in the Southeast Asia and third in Asia in terms of beer volume consumed in 2017, only behind Japan and China, proving to be a promising land for both local and foreign brewers, Zing News reported.

The Vietnamese government has recently launched the Vietnam Infrastructure Working Group in a move to better lure private investment, especially foreign flow, into the country’s infrastructure development.