The Mekong Delta province of Long An last year issued licenses to 90 new foreign direct investment (FDI) projects with a combined capital of 450 million USD, thus maintaining its leading position in FDI attraction in the region, according to local authorities. Statistics also show that the number of the FDI projects in the province […]
Read MoreDeputy Prime Minister Trinh Dinh Dung called for more Japanese investment in automobile industry, energy and tourism which are fields with huge demand and development potential in Vietnam. The Government official made the call while receiving Japanese Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii in Hanoi on December 25. Dung told the guest […]
Read MoreLeaders of the northern province of Hai Duong on January 2 granted investment licenses to firms from Hong Kong (China) and Seychelles to operate in local industrial parks. The projects are invested by Leo Paper Bags Manufacturing (1982) Limited of Hong Kong, and True Voice International Inc of Seychelles. With a total investment of over […]
Read MoreTOWA Industrial Vietnam Co. Ltd. has begun construction of a Hi-tech factory to produce precision machine parts at Hoa Phu Industrial Park in the Mekong Delta province of Vinh Long. The 342 billion VND (14.7 million USD) TOWA Southern Star Factory project is expected to help attract other high-tech investors to the region. The project […]
Read MoreSwitzerland hopes seven years of negotiations on a free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) can be wrapped up in 2019. The EFTA is a regional trade organization and free trade area consisting of four states: Iceland, Liechtenstein, Norway, and Switzerland. The EFTA ranks 12th in terms of trade […]
Read MoreHanoi continues to lead the country in drawing foreign direct investment (FDI) with more than US$7.5 billion poured into the capital since the beginning of 2018, a 2.18-fold increase against the previous year. Deputy Director of the municipal Department of Planning and Investment Tran Ngoc Nam revealed the information at a regular press meeting of […]
Read MoreThis is Saint-Gobain’s second plasterboard manufacturing facility in Vietnam, which is a part of their strategic development plan to cater for the country’s growing demand. The factory, located in Hai Phong City, covers a total area of 19,000 square meters, and has a production capacity of 30 million square meters a year. Archetype was contracted […]
Read MorePrime Minister Nguyen Xuan Phuc has approved the addition of a multi-purpose entertainment complex – horse racing course project into Hanoi’s master plan on socio-economic development by 2020. Under Decision 1823/QĐ-TTg, Hanoi will increase the mobilisation of social investment sources for building sports facilities in combination with high-quality tourism and service activities. The city will […]
Read MoreA significant wave of private investment is flying into aviation infrastructure on the back of improvements in long-term development planning for the sector in Vietnam. With the master plan to operate 28 airports by 2030, including 15 domestic and 13 international ones, in which Noi Bai, Da Nang, Cam Ranh, Tan Son Nhat and Long […]
Read MoreVietnam had become increasingly appealing to large foreign investor groups in the textile and garment industry who wanted to seize opportunities when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts. German-based Amann Group, one of the world’s top three leading producers of high-quality sewing and […]
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