VOV.VN - United Packaging Co.,Ltd from Japan has broken ground on the building site for a new 5ha manufacturing facility at Tan Phu Trung Industrial Zone (IZ) in Cu Chi district, Ho Chi Minh City with a total investment of more than US$15 million.
The tax incentive mechanism of the EU-Vietnam Free Trade Agreement (EVFTA) will bring great benefits to Vietnamese industries and products, according to Minister of Industry and Trade Tran Tuan Anh.
Vietnamese firms invested US$222.48 million in 67 newly-licensed projects abroad in the first six months of 2018, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Japan overcame 86 countries and territories to become the largest foreign investor in Vietnam in the first six months of this year, with US$6.47 billion, or 31.8% of the total registered capital.
Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.
Very few domestic firms in support industries supply parts for FDI enterprises in the electronics industry, according to Nguyen Mai, President of the Vietnam Association of Foreign Invested Enterprises (VAFIE).
VOV.VN - French businesses have invested in 514 projects with a total registered capital of more than US$2.78 billion in Vietnam since the Southeast Asian nation pursued the Doi Moi (renewal) process, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Experts at a conference in Hanoi on June 25 stressed the need for measures to increase the efficiency of technology transfer of FDI businesses in Vietnam.
With Vietnam signing many multilateral and bilateral trade agreements and attracting more and more foreign investment, it is hard to avoid grievances and disputes, a workshop heard in Ho Chi Minh City.
The southern province of Dong Nai attracted US$902 million in foreign direct investment (FDI) in the first six months of the year, accounting for over 90% of the yearly plan and up 48% from the same time in 2017.