The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry.
Although completing the majority of its economic targets for 2018, Ho Chi Minh City is still burdened with heavy pressure from its budget collection, said Nguyen Thanh Phong, Chairman of the municipal People’s Committee at a meeting on November 1.
The Central Highlands province of Gia Lai has worked hard to improve its investment environment and competitiveness in a bid to attract more domestic and foreign investors.
The National Assembly’s upcoming sixth session will vote on ratifying the resolution and related documents on Vietnam’s joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
A Vietnam Report survey on the 500 most profitable companies in the country, which was announced this week, said most business insiders expect technology to remain the leader in attracting investment.
Vietnam enjoyed a high trade surplus of US$5.39 billion for the first 9 months of the year with export turnover is forecast to touch US$239 billion this year.
Vice Chairman of the People’s Committee of the Mekong Delta city of Can Tho Truong Quang Hoai Nam vowed to provide all possible support to Singaporean firms to do business in the locality, during a Singapore-Can Tho trade and investment promotion seminar on October 17.
Prime Minister Nguyen Xuan Phuc called on Austrian businesses to invest in a wide range of areas in Vietnam while addressing the Vietnam-Austria Business Forum in Vienna on October 15.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung on October 15 hosted a reception for Finish Minister of Economic Affairs Mika Lintila and a business delegation, during which he said the capital city always welcomes enterprises from Finland to study market and seek cooperation opportunities here.
Embracing free trade policies, reducing over-regulation and costs of doing business, and investing in human capital and infrastructure are three ingredients that help Vietnam become a top emerging economy in less than three decades, said a writing posted on the US hakernoon.com.
The 7th annual Buon Ma Thuot coffee festival will be held between March 9-16, 2019 in the Central Highland province of Dak Lak with a broad array of activities on offer such as an opening ceremony, a closing ceremony and the 2019 Dak Lak investment promotion conference.
Construction on a 200km section of Dau Giay-Lien Khuong expressway will begin next year, with total investment of 65 trillion VND (2.8 billion USD) including site clearance costs.
Vietnamese businesses injected US$331 million into 122 projects abroad in the first nine months of this year, the Foreign Investment Agency reported.
Prime Minister Nguyen Xuan Phuc asked Danish beer maker Carlsberg to expand its investment in Vietnam during a reception in Hanoi on September 12 for Carlsberg CEO Cees‘t Hart.
The northern province of Quang Ninh will be the destination for a two-day field-trip of delegates to the World Economic Forum on ASEAN (WEF ASEAN) 2018, which it considers a good chance to attract more investment from the Northeast Asian region.
Mekong Delta localities collected more than VND243.2 trillion (US$10.46 billion) for the budget in 2016-2018, and made up 18% of the country’s GDP, according to an official from the Ministry of Planning and Investment (MPI).
The central city of Da Nang has introduced a number of open-door policies to lure investors in 2018, which has been set by the city as a year of investment attraction.
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
Vietnamese firms invested 222.48 million USD in 67 newly-licensed projects abroad in the first six months of 2018, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam attracted more than US$20 billion in foreign direct investment (FDI) in the first half of 2018.