The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries. The fibre production line of the Chinese-invested Jasan Textile and […]
Read MoreIn the first quarter of 2020, the southern province of Long An attracted the total foreign capital of $114.6 million, up $26.5 million compared to the same period last year. Long An attracted $26.5 million more of foreign investment than in the first month of 2019 In the first quarter of 2020, Long An granted […]
Read MoreWith COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted. Vietnam remains an attractive destination for investors (Photo: Savills Read) “Vietnam remains a promising market with a growing trend of […]
Read MoreCalling for investment into ports is one of the five sectors that Ba Ria-Vung Tau will focus on to realise its target to become one of the three provinces attracting the highest foreign direct investment this year. Ba Ria-Vung Tau is making seaports a key investment sector Ba Ria-Vung Tau People’s Committee has assigned the […]
Read MoreA number of multinationals have already taken steps to expand supply chains in Vietnam since last year in order to avoid new tariffs on goods exported from China to the United States, and more are set to follow suit in the hunt for alternative markets for production as prices rise, according to the latest report […]
Read MoreThe Bình Thuận Province People’s Committee has asked departments and districts to work with investors to hasten the progress of projects that received in-principle licenses or signed memorandums of understanding with the province last year. The People’s Committee has instructed the Department of Natural Resources and Environment to help businesses complete procedures related to land […]
Read MoreDespite the impact of the COVID-19 pandemic in the first quarter, construction enterprises still firmly believe bright growth lies ahead for the rest of the year. “The COVID-19 disease has significantly affected the economy as well as the construction industry, especially the tourism and resort real estate, however the industrial real estate area still expects […]
Read MoreWork on four projects along the North-South railway will begin in May and June, according to the Transport Engineering Construction and Quality Management Bureau Considered “urgent”, the projects will use 7 trillion VND (nearly 300.5 million USD) from State budget reserves for mid-term investment during the 2016-2020 period. They are among 14 urgent transport projects receiving total […]
Read MoreWork is to start in 2020 on the basement level of a 88-storey tower complex in Ho Chi Minh City, the landmark building in the Empire City project, with many outstanding obstacles are on the way to finally being cleared. Leaders have set a target to start construction of the 88-storey tower by the end […]
Read MoreThe southern province of Ba Ria-Vung Tau has just approved the site for the $1 billion relocation project of the existing Vung Tau airport. The current Vung Tau airport mainly receives helicopters involved in logistics for the petroleum sector The site planning for the new airport covers 248 hectares on Go Gang Island in Vung […]
Read More
