The capital of Hanoi has been tackling the obstacles that face overseas investors in a bid to draw more foreign direct investment (FDI) to the city, and to boost municipal socio-economic development.
Big companies in Vietnam have begun turning their attention to the agricultural sector to seek strong returns on their working capital.
The central province of Binh Dinh will create optimal conditions for operations of businesses from Guangxi, China, said Vice Chairman of the provincial People’s Committee Phan Cao Thang.
A comprehensive suite of measures are urgently needed to help ramp up the appeal of Can Tho’s export processing and industrial zones in the eyes of investors.
(VOV) - Turkey abruptly became the second largest foreign investors in Vietnam for the first four months of this year as a result of its US$660 million investment project in southern Dong Nai province’s Nhon Trach industrial zone.
(VOV) - Vietnam’s agriculture is receiving an increase of domestic and foreign investment. To use the investment flow effectively, the Vietnamese government has promulgated mechanisms and policies to remove obstacles for businesses.
A total of 448 new foreign-invested projects, worth more than US$2.67 billion, were licensed during the January-April period, a yearly decrease of 17.1%.
(VOV) - A key thoroughfare was inaugurated by the Danang People’s Committee on April 25 to combat increasing traffic congestion in the city and promote tourism along with the economic development of the region.
Japanese small and-medium investors are increasing their investment in processing, manufacturing and retail in Vietnam, according to the first quarter report by the Ministry of Planning and Investment (MPI).
Germany's Siemens AG Company delivers efficiency and competitive edge for the local cement industry.
Vietnam is changing rules to allow foreign investors bigger stakes in local banks in its latest move to rebuild a financial sector battered by bad debt, according to the country's prime minister.
Developing agriculture and ensuring food security should play a central role in the national development strategy of any country, Deputy Prime Minister Nguyen Xuan Phuc has said.
Hamyang district in the Republic of Korea (RoK) province of Gyeosangnam will help Nam Tra My district in central Quang Nam province to develop Ngoc Linh ginseng, a rare and valuable long-standing plant, as stipulated in a Memorandum of Understanding (MoU) signed on April 21.
Vietnamese investors gained insight into Pyeongtaek port, an entrepot linked with other international seaports, in the Republic of Korea (RoK) during a workshop in Hanoi on April 21.
Carlotta Colli, Italian Consul General in Ho Chi Minh City, and Binh Duong authorities had a working session on April 20 to discuss measures to boost cooperation between the European country and the southern province.
A number of foreign companies had a meeting with the Mekong Delta province of Long An’s People’s Committee on April 20 to seek investment opportunities.
Despite the remarkable growth recorded in the peppercorn sector in the last three years, local farmers are enduring damage fuelled by unsustainable development.
Two-way trade between Vietnam and Russia hit US$2.6 billion last year. However, it accounted for less than 1% of Vietnam's total import-export activity with the world, which was US$298.2 billion.
Governor Vaclav Slajs of the Czech Republic’s Pilsen region hoped his visit to Ho Chi Minh City will turn a new page in the ties between the two localities, which are both known for their dynamic growth.
(VOV) - State-owned cement producer Semen Indonesia (SMGR) would further strengthen its foothold in Vietnam’s market by acquiring another local cement company in the country, the company’s executive said.
Foreign manufacturers have said they are considering either leaving Vietnam for other regional countries which have a more competitive investment environment, or stopping their production activities in Vietnam. However, many Vietnamese don’t believe they will do it.
The Phu Quoc Tourism Investment and Development JSC, a subsidiary of Vingroup – Vietnam’s leading property developer - has been selected by Kien Giang Province as the developer of the Phu Quoc international passenger seaport.
Cuba is offering a wide choice of incentives to attract foreign investors, President of the Cuban Chamber of Commerce Orlando Hernández Guillén told a workshop in Ho Chi Minh City on April 17.
(VOV) -Vietnam Ambassador to Russia Nguyen Thanh Son and Tambov provincial governor Oleg I. Betin have discussed the possibility of stepping up trade and investment cooperation in the time to come.
Over 40 Chinese businesses operating in finance, labour, real estate and construction made a fact-finding tour of Ho Chi Minh City on April 16 to seek business opportunities in the metropolis.
(VOV) - Vietnam businesses won’t be able to compete with foreign rivals and are likely to be defeated on home turf in the near future if they continue to depend on cheap labour costs.
The Hanoi-based Bank for Investment and Development of Vietnam (BIDV) hopes to choose a foreign strategic investor later this year or next year, said BIDV Chair Tran Bac Ha on April 14.
Czech-backed Home Credit Vietnam (HCV) has selected American Genesys to remodel its customer service.
Foreign investors in build-operate-transfer power projects that have yet to finalise agreements are keeping a close eye on a long-awaited Decree 15/2015/ND-CP on public private partnership investment modes, taking effect on April 10.
(VOV) - The Ministry of Economy of the Republic of Poland and the Poland Embassy in Vietnam on April 14 co-organised a workshop in Hanoi, discussing investment opportunities for the businesses of both nations.