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The central province of Binh Dinh enjoyed strong increases in the shipment of numerous commodities during the first quarter of 2015, a demonstration of stable development in local industrial production.
Deputy Prime Minister Hoang Trung Hai has approved the plan for the third phase of the industrial complex project in 20 provinces.
Strong Vietnamese brands, one after another, have fallen into the hands of foreign international groups, a number of analysts have said.
Piaggio Vietnam, part of the Italian scooter giant Piaggio Group, is considering increasing its presence in the Vietnamese market through stepping into larger-wheel scooter segment this year.
The southern province of Dong Nai had 1,161 registered foreign-direct-investment (FDI) projects with a combined capital of 21.87 billion USD at the end of March.
More foreign invested businesses have embarked on impressive expansion plans to grow their presence in Vietnam.
Economic experts lauded positive changes in the new business and investment laws, which are expected to broadly improve the business climate, but said complex regulations could hamper enforcement.
Russia’s Gazprom Neft, the oil arm of top global gas producer Gazprom, said on Monday it planned to purchase 49 percent of the operator of Vietnam’s Dung Quat refinery, the country’s sole oil processing facility.
Prime Minister Nguyen Tan Dung requested continued efforts to sustain macro-economic stability during the government’s monthly meeting in Hanoi.
A Japanese agency has suggested developing a hi-tech agricultural-industrial park in the Central Highlands city of Da Lat, known as Vietnam’s veggie hub, to make the locality a leading source of green produce for Japan.
Transport Minister Dinh La Thang explained to Lao Dong (Labour) why building a new airport instead of expanding the existing Tan Son Nhat Airport in HCM City makes more sense.
The northern province of Bac Giang has attracted 33 domestic and 10 foreign-invested projects worth a combined 144 million USD thus far this year.
