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International investors still had stories to tell about how their businesses are hindered by Vietnam’s red tape at a business forum on Tuesday, while acknowledging the progress the country has made in simplifying its bureaucratic procedures.
Foreign-invested enterprises contribute less than the State sector, deputy director of the Viet Nam Institute of Economics Nguyen Chien Thang told the newspaper Hai quan (Customs).
Direct investment from Japan to Vietnam hit US$36.5 billion by October 2014, according to statistics of the Japanese Business Association (JBA).
The central city of Da Nang is seeing a recovery in industrial production and trade activities thanks to its effective measures to support businesses, said Director of the municipal Department of Industry and Trade Phan Van Kha.
Dong Nai Province located 30km from Ho Chi Minh City is a gateway to Southeast Vietnam, the country’s most dynamic economic region.
Italy will increase Official Development Assistance (ODA) for Vietnam to 30 million EUR (37.2 million USD), Italian Deputy Minister of Foreign Affairs and International Cooperation Benedetto Della Vedova said.
Ho Chi Minh City attracted 370 Foreign Direct Investment (FDI) projects with a total capital of US$2.78 billion over the past 11 months of 2014, up 194.6% in capital from the same period last year.
The Mekong Delta province of Vinh Long is seeking investment capital to accelerate its economic and technical urban development during 2015-2020, with official development assistance playing a crucial role. Phu Khoi reports.
Vietnam is believed to be a powerhouse in global footwear production, largely due to a number of multilateral and bilateral free trade agreements (FTAs), but many enterprises do not believe so.
Vietnam is facing various hindrances on the way towards a market economy due to a number of internal woes, experts said at a seminar in Hanoi City on November 27.
The HCM City’s People’s Committee yesterday signed a deal with a local real estate developer to develop infrastructure for the Thu Thiem New Urban Area under the Build – Transfer (BT) mode.
The Vietnam Development Partnership Forum will hold their annual meeting this week in Hanoi, with a focus on accelerating economic institutional reform and enhancing competiveness of Vietnam’s economy. The World Bank country director for Vietnam Victoria Kwakwa spoke to VIR’s Thanh Tung about the WB’s...
