With the positive business situation, the majority of European investors in Vietnam want to expand investment in the country in the coming months, said the European Chamber of Commerce in Vietnam (EuroCham) at today’s press briefing. At the event, Joaquim Torrinha, deputy director of EuroCham announced the results of the fourth quarter European business climate […]
Read MoreThe $3.2 billion Vung Ro refinery and petrochemical complex project invested by Vung Ro Petroleum Co., Ltd. (VRP) has been warned to get its investment certificate revoked due to long delays in the construction. The Phu Yen People’s Committee has asked the Management Board of Phu Yen Economic Zone in collaboration with the province’s […]
Read MoreThe southern province of Ba Ria-Vung Tau presented investment licenses to eight projects worth over 8.3 trillion VND (US$366 million) at a meeting with businesses on February 23. They comprise two solar power factories, two housing projects, one hospital project, one ceramic factory, one tourism project, and one steel project. At the meeting, the provincial […]
Read MoreDisbursement of foreign direct investment (FDI) increased by 9.7 percent to US$1.7 billion in the first two months of 2018. The Ministry of Planning and Investment’s Foreign Investment Agency also revealed that in the first two months of the year, Vietnam attracted FDI worth US$3.34 billion, or 98.2 percent of the figure of the same […]
Read MoreOn March 1st, Chairman of the Provincial People’s Committee Nguyen Van Cao hosted a reception for leader delegation of Hokuriku Association of Investment Promotion (Japan) on delegation’s visit and investment research to Vietnam. Representatives on behalf of Hokuriku Association of Investment Promotion were Chairman of Hokuriku Association of Investment Promotion (Japan), Japanese Ambassador to Vietnam, […]
Read MoreVietnam wants to boost investment cooperation with India in the fields of information-technology, biotechnology, renewable energy, machinery building, chemicals, pharmaceuticals, electricity, oil and gas, and agro-fishery processing. President Tran Dai Quang made the statement while addressing the India-Vietnam Business Forum in New Delhi on March 3, which formed part of his State visit to India from […]
Read MoreVietnam is accelerating the construction of solar power plants to make up for an anticipated power shortfall due to the recent cancellation of several nuclear power projects. Workers check solar panels of a project in Vietnam – Photo by VnExpress Thien Tan Group plans to build five large solar power plants in the southern province […]
Read MoreThe Duong River surface water treatment plant project, one of the key national projects, is expected to be put into operation in October 2018, ensuring water supply for millions of people in Hanoi and the neighbouring provinces of Bac Ninh, Hung Yen, and Hai Duong. Do Thi Kim Lien, chairman of Duong River Surface Water […]
Read MoreOn February 28, Nghi Son Refinery Co., Ltd. (NSRP) announced that Nghi Son Petrochemical Refinery (RFR) is ready for production. After more than four months of finalising the pipeline’s quality, NSRP has successfully passed three rounds of inspections and assessments of the overall quality and safety of the entire plant. This is an important milestone […]
Read MoreTwo steel projects and the Dinh Vu polyester plant, three of the 12 loss-making industrial projects managed by the Ministry of Industry and Trade, require capital to maintain operations and resume construction. The three projects are Quy Xa iron ore mining and Lao Cai steel complex invested by Vietnam-China Mineral and Metallurgy Co., Ltd. (VTM), […]
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