The Vietnamese National Assembly has adopted the new Law on Investment, with new rules in favour of foreign investment, including from the US, which is expected to surge in Vietnam in the time to come. Huynh Cong Tam, senior associate at US-backed law firm Russin & Vecchi, analyses the new law, which reflects Vietnam’s great […]
Read MoreThe Gulf Energy Development PLC of Thailand has announced the purchase of two wind power farms worth about US$200 million in Vietnam, in order to take advantage of low interest rates as it seeks projects with a quick return on investment. The company reported to the Stock Exchange of Thailand that it entered into a share […]
Read MoreIn spite of the impact of the COVID-19 pandemic, the foreign investment capital in newly-registered projects and added capital in existing projects still increased in the first half. According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, in the first six months of this year, there has […]
Read MoreVinh Phuc province is making an effort to complete technical infrastructure while simultaneously accelerating investment promotion programmes in order to attract potential investors, especially foreign-invested enterprises after the pandemic. Located close to Hanoi and owning 18 IZs (IZs) and 32 industrial clusters, Vinh Phuc is improving its investment and trade environment, enhancing its competitive capabilities […]
Read MoreAlong with the general policy line of the state, investors are offered unique incentives and support if they decide to invest in a new project or start a business in the economic zone of the coastal eastern province of Thai Binh. Thai Binh has issued a decision on incentives offered for enterprises investing in the province’s […]
Read MoreHanoi has granted investment certificates to 229 projects worth VND405.57 trillion ($17.63 billion) at today’s investment promotion conference, quintupling the figures of four years ago despite the COVID-19 pandemic restricting investment flows across the globe. The number of projects is five times higher than that of the same event in 2016, according to the 2020 […]
Read MoreA number of high-tech agricultural projects have been proposed in Hanoi, a trend praised and encouraged by experts and legislators at the Hanoi investment promotion conference yesterday. At the Hanoi investment promotion conference on June 27, 2020, Minister of Agricultural and Rural Development Nguyen Xuan Cuong confirmed that this is a good chance to pour […]
Read MoreHanoi is keen to cooperate with all investors and businesses for mutual benefit and shared development, Mayor Nguyen Duc Chung stated at a June 27 conference on investment promotion in the capital following the novel coronavirus (COVID-19). Addressing more than 1,300 businesses in attendance at the event, Mayor Chung noted that despite the negative impact […]
Read MoreIn the context of increasing demand for sources of electricity for the purpose of boosting socio-economic development, renewable energy such as wind energy has been marked by Vietnamese enterprises as a strategic step towards participating in a larger market. Due to the country being in a favourable geographical position for the development of wind power […]
Read MoreManufacturer of cordless power equipment, Techtronic Industries (TTI), will invest an additional $650 million in Vietnam to produce cordless appliances. Construction of the cordless power equipment plant in Ho Chi Minh City’s Hi-Tech Park will be completed by the third quarter of 2021, TTI vice president Nate Easter said at a meeting with Deputy Prime […]
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