Thai-owned Amata Vietnam Company Ltd has announced plans to invest over US$2.2 billion to build new zones in Vietnam.

Locally-produced fast moving consumer goods were urged to improve their competitiveness to occupy the home market as the challenge from imported products was anticipated to become stronger.

The northern mountainous province of Yen Bai stands ready to provide all possible support for businesses, including electricity, water, banking, telecommunications and information technology services. 

Vietnam remains to be in top five of the world’s largest apparel exporters by raking in US$28 billion from shipping garment products to foreign countries in 2015.

The Ministry of Industry and Trade (MoIT) and Timor Leste Ministry of Commerce, Industry and Environment signed a memorandum of understanding on rice trade in Hanoi on December 21. 

(VOV) - Over recent years, the government has allowed increasing numbers of foreign transnational companies to invest in property, plant and equipment and operate businesses that compete head-on in the domestic retail market.

The growth model for economic and industrial zones continues to play a significant role in attracting domestic and foreign direct investment, as well as furthering national development. 

The Hanoi-Moscow trade centre, part of the Hanoi-Moscow Complex (Incentra) was inaugurated in Moscow, Russia on December 19. 

The Argentinean news agency Telam on December 18 ran an article extolling Vietnam on its significant achievements after nearly 30 years of “Doi Moi” (reform).

The Vietnam General Department of Taxation is pushing head with tax reform in line with international practice, said Deputy General Director Nguyen Dai Tri at a workshop in Hanoi on December 18.