Hong Kong investors see healthy growth in Vietnam
VOV.VN - Hong Kong businesses outward foreign direct investment in Vietnam over the past 30 years tallies to an estimated US$6 billion dollars in roughly 1,000 ventures speakers told guests at a June 24 seminar in Ho Chi Minh City.
Bankers suggest lifting foreign ownership ratio ceiling
While Vietcombank and VietinBank have proposed to lift the foreign ownership ratio ceiling to 35-40% to satisfy requirements of the Basel II Accord, ABBank and SCB want higher foreign ownership ratios (49% and over 50%) to speed up the restructuring process.
Ha Tinh greenlights US$2.5 billion Taiwanese project
The Ha Tinh People’s Committee has agreed in principal to license Taiwanese Wei Yu Engineering Company to develop an agricultural and a wharf construction project in the central province’s Vung Ang Economic Zone.
Agricultural businesses set to increase by 10% each year
The agricultural sector is striving to increase the number of businesses operating in the sector by 10% annually during the 2017-2020 period, with 20-30% of them showing innovation and creativity.
Korean CJ Group invests US$2.1 million in growing chilli in Vietnam
VOV.VN - The CJ Group - the leading group of food material distribution from the Republic of Korea –has decided to officially plant chilli in Vietnam after six months successfully conducting a pilot project in southern Binh Thuan province.
The Dàlat at 1200 honoured among Vietnam’s most outstanding properties
The Dàlat at 1200 Country Club and Private Estate just secured seven awards for their luxury development in the heart of the south central highlands of Vietnam.
Hanoi attracts nearly US$2 billion in FDI
VOV.VN - Hanoi has been a leading locality in FDI (foreign direct investment) attraction since early this year, according to the municipal Department of Planning and Investment.
US$1.6 billion Amata City Halong comes closer to implementation
Amata Vietnam and Tuan Chau Group have officially decided to establish Tuan Chau-Amata joint venture to develop a US$1.6 billion industrial park and the Amata City Halong complex in the northern province of Quang Ninh.
Building a win-win partnership
The business community has hailed the media for its active role in shaping a healthier business and investment environment. In the meantime, the media has been asked to fine tune its self so that journalist should never been a threat to good business practices.
Public investment capital disbursement remains slow
Ministries, sectors and localities have together disbursed over VND83 trillion (US$3.73 billion) of public investment capital so far this year, completing 33.14% of the disbursement plan in 2016, heard a meeting in Hanoi on June 21.