Vietnam has experienced 30 years of successfully attracting foreign direct investment (FDI) and more opportunities stay ahead. Caitlin Wiesen, UNDP country director in Vietnam, writes about the need for the country to shift the FDI focus from quantity to quality.
The central coastal city of Da Nang will invest about VND2 trillion in upgrading and expanding Tien Sa Port in the second phase with a total area of nearly 8,6 hectares, reported the municipal People’s Committee.
A delegation of 10 German enterprises will visit and expand cooperative relations with Vietnamese firms in Hanoi and Ho Chi Minh city from October 12th to 16th, reported the German Embassy in Vietnam on October 5th.
The northern province of Quang Ninh called upon domestic and foreign enterprises to invest in 47 projects in the prioritized fields of transport, technical infrastructure for industrial zones and urban areas, tourism service, trade, agricultural production and hi-technology.
(VNF) - The Vietnam’s Ministry of Transport and the Korea International Cooperation Agency (KOICA) on October 6th inked a Record of Discussion (RD) to conduct a feasibility study on a railway link (about 550 kilometers) from Vientiane (Lao PDR) to Vung Ang port (Vietnam).
(VNF) - The Australian Government has released its aid investment plan (AIP) for Vietnam 2015-2020, reaffirming Australia’s commitment to Vietnam’s sustainable development.
Total newly-registered and added FDI capital in the first nine months this year reached USD17.15 billion, a year-on-year rise of 53.4%, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
By September 2015, Vietnam had 299 formed industrial zones (IZs) with a total natural area of nearly 84,000 hectares, reported the Ministry of Planning and Investment’s Department for Economic Zones Management.
Deputy Prime Minister (PM) Vu Van Ninh has guided state capital withdrawal from the Vietnam National Seaproducts Corporation (Seaprodex).
On August 18th, APL Logistics and TBS Group organised an inauguration ceremony for the largest single roof warehouse in Southeast Asia in Binh Thang ward, Di An town, Binh Duong province.
The special economic zone will be built in district 7 of Binh Chanh, Nha Be and Can Gio Districts to create driving force and break-through in production, business, exports and imports, investment attraction and trade development of Ho Chi Minh city in the coming years.
British architecture companies Atkins and Arup have begun work on a 460-metre skyscraper in Ho Chi Minh City, which will become Vietnam's tallest building on completion in 2017.
Vietnam's many achievements in socio-economic development over the past 30 years of doi moi (renewal) owed much to 20 years as recipients of significant Official Development Assistance (ODA).
Foreign firms have pumped hundreds of millions of US dollars into numerous real estate projects in Ho Chi Minh City as of late, attributed to an upswing in the real estate market after a long period of hibernation.
The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has recently converted its subsidiary in Laos into Sacombank Laos, a wholly-owned subsidiary bank.
Vietnam and the European Union (EU) have basically concluded negotiations on the bilateral free trade agreement (EVFTA), announced Vietnamese Minister of Industry and Trade Vu Huy Hoang at a press conference in Hanoi on August 4.
(VNF) - The Japan International Cooperation Agency (JICA) continues to support the “Strengthening the effectiveness of Vietnam Automated Cargo Clearance System (VNACCS)” technical cooperation project, which will officially start from August 1st.