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Australian Ambassador to Vietnam Craig Chittick and World Bank Country Director for Vietnam Ousmane Dione signed a deal on April 11, to extend their partnership on supporting Vietnam’s sustainable and inclusive economic reform agenda.
As of March, investors from the European Union had injected more than US$21.56 billion into 1,959 projects in Việt Nam, accounting for 7.2 per cent of total foreign direct investment and 8.5 per cent of projects registered in the country.
Dragon Capital Group and Ruby Hill Financial Company, a member of Loi Hein Group from Myanmar, have agreed to set up Ruby Hill Microfinance, a new microfinance firm based in Yangon, Myanmar.
HCMC is looking to have at least half a million enterprises by 2020, of which major firms and those in the private sector will contribute about 65% to the city’s gross regional domestic product (GRDP) and 64% to the city’s total investments by then.
Viet Nam continued to be among the top five investors in Cambodia as of December 2016, with US$2.85 billion registered capital invested in 183 projects.
Vietnam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.
Of the 110 foreign direct investment (FDI) projects Vietnam has attracted in the field of electricity and gas production, 16 are in green energy, with total registered capital of $778 million, accounting for 14.5 per cent of project numbers and 6 per cent of total registered capital, according to the...
All 11 lottery ticket companies in southern Vietnam have collectively channeled nearly VND1,000 billion (US$44.64 million) into sectors outside their main business, the Ministry of Finance’s inspectorate announced.
Carlsberg Group, one of the leading brewery groups in the world, will continue to target Vietnam as one of its key markets in Asia to cash in on the lucrative local beer market.
Vietnam should be ready to negotiate a free trade agreement with the US, according to some speakers at a recent seminar on the impacts of the Trump administration’s policies in Asia-Pacific.
The Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) rose to a 22-month high of 54.6 in March from 54.2 in February.
The authority of Saigon Hi-Tech Park (SHTP) in HCMC has presented an investment certificate to Daeyoung Electronics Vina, a supplier of Samsung, according to a source from SHTP.
