The European market is expected to become a key target of Vietnamese steel exporters when the EU-Vietnam Free Trade Agreement (EVFTA) fully comes into effect, insiders have said. According to the latest report from the Vietnam Steel Association (VSA), Vietnam has exported over 815,000 tonnes of steel worth US$454 million so far this year, up […]
Read MoreHBRE Group’s project of more than VND 4,200 billion wind farms in Ha Tinh has just been approved by the Prime Minister Nguyen Xuan Phuc to add to the National Electricity Development Plan. Information from the representative of HBRE Group said that recently Prime Minister Nguyen Xuan Phuc has just agreed to add the planning […]
Read MoreAs a province in the northern key economic zone and bordering the capital of Hanoi, Hung Yen has focused on building infrastructure to attract investment in manufacturing, which has led to breakthroughs in its industrial development. Over the past five years, Hung Yen Province has made large investments in order to develop an efficient transport […]
Read MoreThe EVFTA is expected to open the door wider to the US$18 trillion economy for Vietnamese enterprises. The National Assembly of Vietnam formally ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) on June 8. The EVIPA is expected to boost EU investment in Vietnam and increase Vietnam’s access to […]
Read MoreThe northeastern province of Quang Ninh has emerged as an ideal destination for investors who want to diversify production activities and expand their supply chains outside China. “For investors operating in Guangdong (China), Quang Ninh is a destination worth considering in the plan to relocate production bases to Vietnam,” said Pritesh Samuel, an expert from Dezan Shira […]
Read MoreIn a historic move, Vietnam ratified its free trade agreement with the European Union on Monday. The European Union Vietnam Free Trade Agreement (EVFTA) will eliminate or reduce 99% of tariffs on goods that are traded between the European Union and Vietnam. The EVFTA will begin to take effect in July and is seen as […]
Read MoreCar maker from Japan Mitsubishi Motors Corporation has intention to build an automobile manufacturing plants in the south-central province of Binh Dinh, marking its second manufacturing facility in Vietnam. In a recent working meeting with chairman of Binh Dinh People’s Committee, Kenichi Horinouchi, general director of Mitsubishi Motors Vietnam said that Binh Dinh is the […]
Read MoreCOVID-19 has had a significant, negative impact on European business in Vietnam, according to our latest Business Climate Index (“BCI”) data. The BCI is a regular barometer of how European business leaders see the trade and investment environment in Vietnam and the prospects of their own enterprises. Each quarter, we ask our membership to answer […]
Read MoreKey Points: • Vietnam’s business environment continued to improve as reflected in this year’s Vietnam Provincial Competitive Index 2019. • Improving economic governance, infrastructure, administrative procedures, and transparency were among the many factors that contributed to higher business optimism. • Quang Ninh province topped this year’s PCI for the third consecutive year and also raised […]
Read MoreLedana industrial park attracted the total capital of VND 1,200 billion (of which the contributed capital of the investor is VND 200 billion) is entitled to investment incentives under the current regulations made by Le Dai Nam International Joint Stock Company as an investor. The Prime Minister assigned the People’s Committee of Binh Phuoc province […]
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