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Italy’s financial news website Firstonline recently posted a story by analyst Ciro Caliandro giving his valuations on Vietnam’s economy as well as opportunities that Italian businesses can gain from their investments in the country.
Viet Nam’s index of industrial production (IIP) from January to November 2014 increased by 7.5 per cent year-on-year, according to the General Statistics Office (GSO).
The Spanish government has pledged to provide 3.4 million EUR for Ho Chi Minh City to carry out a pre-feasibility study for Metro line No.5 which will link Saigon bridge to new Can Giuoc coach station.
Italy will provide Vietnam with 15 million EUR in soft loans to help increase the competitiveness of small and medium-sized enterprises (SOEs) in southern localities, an official from the Italian Embassy in Vietnam said on November 25.
The Asian Development Bank (ADB) and the Vietnamese Government on November 25 signed a 50 million USD loan agreement to upgrade the country’s tourism infrastructure, boost tourist spending, and create more jobs for poor and ethnic minority communities.
A Vietnam-Azerbaijan energy workshop was held in Hanoi on November 25 to promote connection between the two countries in the field.
Foreign-run online shops in the past have been less popular than Vietnamese-run ones, which understand local customers, but that trend is changing as more retailers invest in Vietnam.
Vietnamese seaports are attracting more interest from foreign investors following the Government’s decision to sell bigger State stakes in these companies.
German companies have already made substantial investments in many Asian countries, but they can still do much more in the region, the Vice Chancellor and Federal Minister of Economic Affairs and Energy of Germany said at a meeting in HCM City last Saturday.
A regulation on the state investment scope in enterprises in the draft Law on Management and Use of State Capital Invested in Production and Business has come under fire from many National Assembly members.
PM Nguyen Tan Dung expressed his belief that Viet Nam would be a promising land for cooperation and success when addressing the opening ceremony of the 14th Asia-Pacific Conference of German Business (APK14) in Ho Chi Minh City on November 21.
The Vietnamese and Indian leaders have agreed that economic cooperation between both countries should be pursued as a strategic objective, said an Indian expert.
