The Vietnamese Embassy in Algeria has held a three-day trade and investment promotion programme in Algeria’s western province of Mostaganem, a locality with strength of tourism, maritime services and agriculture.
The Vietnam-Singapore Industrial Park (VSIP) in the central province of Quang Ngai has attracted 17 projects worth a total US$383 million since it commenced construction in 2013.
Japanese personal care firms Takara Belmont, Menard, and Shiseido have found ways to get their parts in the Vietnamese cosmetics market, whose value is expected to hit US$2.35 billion this year, according to the Dau Tu (Investment) newspaper.
Measures to improve the quality and working efficiency of employees working in foreign direct investment (FDI) enterprises in line with Vietnam’s foreign investment attraction orientation were discussed at a seminar in Hanoi on June 19.
The Mekong Delta province of Tien Giang raked in a total investment of more than VND7.2 trillion, or US$316.8 million, in the first half of 2018, a 2.3-fold increase from the same period last year.
A conference on investment and start-up promotion will take place in the Mekong Delta province of Soc Trang on June 19, aiming to call for investments to the locality.
Vietnam has witnessed major growth in the number of international hotel brands and foreign hotel management companies entering the country over the past few years.
The manufacturing-processing industry absorbs more than half (57.9%) of the foreign direct investment (FDI) inflow into Vietnam over the past years to May 2018, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
The central city of Da Nang has been compiling simplified investment procedures to support European businesses with more transparency and a reduction in informal charges.
Hanoi drew in more than US$5.9 billion in FDI in the first half of 2018, making it the country’s largest six-month FDI attractor for the first time in three decades, said Chairman of the municipal People’s Committee Nguyen Duc Chung on June 17.