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On 26 November 2014, the National Assembly passed Law No. 67/2014/QH13 on Investment (Investment Law 2014) with many new provisions that have significant impacts for both foreign and domestic investors.
The Government will issue a resolution on improving the country’s business environment with an aim to enhance the national economy’s competitiveness, Prime Minister Nguyen Tan Dung has said.
Three large scale infrastructure projects will improve the capital’s investment environment and help reduce traffic congestion in Hanoi when they open in early of 2015.
The US’ CapFin Asia has expressed interest in developing an integrated technology, education, hotel and entertainment complex in the central province of Thua Thien-Hue’s Chan May-Lang Co Economic Zone.
Canada’s Naanovo Energy Inc has filed an application for an investment certificate to build a 17 megawatt waste-to-energy plant in the central province of Thanh Hoa.
Taiwan’s United Textile Co. Ltd. broke ground for a $100 million garment factory in the Mekong province of An Giang on Dec 23.
Primer Minister Nguyen Tan Dung has permitted amendments to the development master plan for industrial parks in 31 provinces and cities.
Vietnam remains one of preferred destinations of Japanese information and technology companies.
A delegation from the Tata Indian group led by its managing director Indronil Sengupta has made a fact-finding tour of Ha Nam to study building a factory to make Titan watches in the province.
Vietnamese Deputy Prime Minister Hoang Trung Hai spoke to VIR’s Thanh Huong about the main challenges facing the nation’s power sector in the coming years.
Foreign investors who apply online for permission to invest in Vietnam will be able to receive investment certificates online as of 2015.
Foreign direct investment (FDI) into HCM City as of December 15 has reached US$3.21 billion, an increase of 94 per cent compared with the same period last year, according to figures from HCM City Department of Planning and Investment.
