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The upcoming State visits to Brunei and Singapore by President Tran Dai Quang aim to realise the foreign policy set forth by the 12th Party Congress and deepen relations with the two ASEAN member countries.
Another 32 cities and provinces nationwide have committed to creating optimal conditions for businesses, raising the total number of localities to more than 40.
Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.
PM Nguyen Xuan Phuc on August 23 hosted a reception for a working group of the Japan Business Federation (Keidanren)’s Japan-Viet Nam Economic Committee, led by co-Presidents of the Committee Takahashi Kyohei and Nakamura Kuniharu.
The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020.
A South Korean cosmetic shop in HCM City. Vietnamese cosmetic producers cannot catch up with major foreign players in terms of technology, and the local firms are losing market share.
Ambitious Vietnamese companies are overcoming challenges to bring their products to the global market
The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.
PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) will co-operate with Japanese partners to develop an ammonia (NH3) plant to meet the increasing demand of fertiliser, rubber as well as domestic petrochemical manufacturers.
Trade revenues between Vietnam and the Eurasian Economic Union (EAEU) are expected to increase to 10-12 billion USD by 2020, after a free trade agreement between the two sides takes effect in 2016.
Enterprises from the European Union remain optimistic on the business environment in Việt Nam, with many of them planning to increase investment, according to a Business Climate Index (BCI) survey for quarter 2, 2016, conducted by the European Chamber of Commerce in Việt Nam (EuroCham).
The Viet Nam Chamber of Commerce and Industry (VCCI) has asked Prime Minister Nguyen Xuan Phuc to consider the participation of Viet Nam in the Extractive Industries Transparency Initiative (EITI).
