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The State Securities Commission (SSC) has allowed Domesco Medical Import Export Joint Stock Corporation (Domesco) to increase its foreign ownership to 100 per cent, a move that shows Việt Nam’s willingness to open up to more foreign capital.
The way eco-social development plans have been prepared in Vietnam is turning into an obstruction to its growth and development, instead of giving the country a boost, top officials said on Monday.
The price of apartments in HCM City is expected to increase annually by 5-10 per cent for the next three years, according to a report by Jones Lang LaSalle Việt Nam (JLL Việt Nam), a foreign commercial real estate and property services provider.
Argentinean news website AcercandoNaciones has run an article highlighting the economic development of Vietnam and the opportunities to promote trade and investment between the two nations.
Domestic and foreign investors are still keen on the Vietnamese market and have positive outlook about the country’s economy, according to a survey conducted by Grant Thornton Vietnam in the third quarter of 2016.
Phu Quoc Island has so far attracted 244 projects worth VND314 trillion (US$14 billion), mostly in infrastructure, urban development, fisheries, tourism, trade and services.
Vietnam is developing a corporate governance code for listed firms in order to help local firms attract more capital and make them more competitive in an environment of increasing regional economic integration.
The industry and trade ministry is drafting an action plan for lowering logistics costs to touch 18 per cent of the country’s gross domestic product (GDP) by 2020.
Among the reasons for FDI in the city to reduce this year is the shift by the administration towards high-quality and less labour-intensive industries.
Seventy percent of overseas Vietnamese professionals are interested to return home to work, according to a recent survey by recruitment firm Robert Walters.
A total of 48 State-owned enterprises, including six corporations, had their equitisation plans approved as of August 20.
The construction of a 37MW wind power plant began in Phước Dinh Commune, Thuận Nam District in south central Ninh Thuận Province yesterday.
