Haiphong is calling for foreign direct investment worth $500 million for four major transportation projects in the northern port city, according to the Haiphong Investment, Trade and Tourism Promotion Centre. The four projects calling for foreign investment include constructing a road from Ho Sen-Cau Rao 2 to Nguyen Van Linh Street, a road tunnel from […]
Read MoreVietnam saw soaring foreign investment capital as well as disbursement in 2017, with a 44.4 per cent on-year increase in registered capital and 10.8 per cent in disbursed capital. According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment today, between January and December 20, foreign investment capital […]
Read MoreIn 2017, Vietnam saw soaring foreign investment capital FDI inflows totaling at $35.6 billion, up 44.2 per cent compared to 2016. Phan Huu Thang, former director of the Ministry of Planning and Investment’s Foreign Investment Agency, deputy chairman of the Vietnam Association of Foreign Invested Enterprises, told VIR about the spotlight review of 2017 as […]
Read MoreDenmark continues providing non-refundable official development aid (ODA) to promote Vietnam’s energy development in the framework of the Vietnam-Denmark Energy Partnership Programme in 2017-2020. On December 21, 2017, Minister of Industry and Trade Tran Tuan Anh on behalf of the Vietnamese government and Charlotte Laursen, Danish Ambassador in Vietnam, signed an agreement on development co-operation […]
Read MoreDong Thap has for many years been a bright star in investment and business environment, and a role model for other localities in supplying good administrative services for locals and businesses, stated Prime Minister Nguyen Xuan Phuc. Addressing the Dong Thap Investment Promotion Conference in Cao Lanh city on December 19, the Government leader noted […]
Read MoreVietnam shipping giant Vinalines on December 15 signed a co-operation agreement with Hoa Phat Dung Quat Steel JSC in the fields of training, seaport exploitation, transportation, material and equipment import, and products distribution. The signing ceremony was part of the Vietnam Logistics Forum 2017 co-organised by the Ministry of Transport, the Ministry of Industry and […]
Read MoreYesterday, Dec 13rd 2017, ATAD Steel Structure Corporation held the opening ceremony of its second factory in Long Khanh Industrial Zone in the southern province of Dong Nai. According to Nguyen Le Anh Tuan, ATAD’s general director, the firm has completed the first phase of the factory and initiated the second phase in 2017. Spanning 15 […]
Read MoreAfter spending over $1 billion on acquiring a large stake in Vinamilk, the largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company (JC&C), has poured VND45 billion ($1.98 million) into acquiring an additional 1.1 million shares in Refrigeration Electrical Engineering Corporation (REE). According to newswire Vnexpress, JC&C, through its investment fund Platinum Victory Pte., Ltd. […]
Read MoreUSG Boral, a Malaysia-based plasterboards manufacturer, has announced its US$20-million investment in a plant at Hiệp Phước Industrial Zone, HCM City, to expand its production in Việt Nam. The plant will support USG Boral’s commitment to meeting the Vietnamese market’s growing demand for high-quality plasterboards. The company’s production capacity for plasterboard is currently at 30 […]
Read MoreA series of investors announced intentions to develop satellite projects, including assembly facilities as well as component manufacturing factories, to serve the US’ First Solar project after it resumed construction with extended investment capital and capacity. Giving up on finding a replacement, First Solar has decided to continue implementing its manufacturing plant in Vietnam According […]
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