While Vietnam needs foreign capital to develop the economy, it also requires advanced technologies to become involved more deeply in the global supply chain.

Prime Minister Nguyen Xuan Phuc appreciated the presence of investors in an investment promotion conference of Ha Giang on November 27, noting that they will greatly help to develop the northernmost province of Vietnam into a well-off locality.

A non-governmental organization (NGO) report said workers at two factories of Samsung Electronics Vietnam do not have employment contracts and noise there is higher than permitted levels.

An Italian mission of 80 leading firms and 150 delegates will come to Vietnam next week to sound out cooperation prospects and strengthen ties between the two countries.

Indian companies are looking to cement ties with Vietnamese counterparts in the textile and garment sector.

Vietnamese commercial banks are planning to sell a stake in their company to foreign investors to attract capital and hasten their restructuring before listing shares on the bourse. 

Wealthy Asian investors have been bringing billions of dollars to Vietnam and hunting for big investment opportunities. 

An investment promotion event was held in Kuala Lumpur on November 22 to call for investment in Tay Bac urban area in Ho Chi Minh City.

The Sao Mai Group put its aquatic feed processing plant, worth VND800 billion (US$35 million), into operation in southern Dong Thap province’s Sao Mai Industrial Complex on November 21.

Several Taiwanese firms (China) plan to explore investment opportunities in the southern province of Binh Duong, according to a Taiwanese official.