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The government of Vietnam has said that the national economy has not been hurt by the Chinese yuan devaluation but analysts are less optimistic.
The southern province of Dong Nai attracted about US$1.57 billion in foreign direct investment (FDI) capital from the beginning of this year to August 20, up 70% compared to the same period last year and surpassing this year’s target by 57%. vvv
Industrial zones (IZs) in the Mekong Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.
The total cost of site clearance compensation at the Long Thanh International Airport project is estimated at VND13.1 trillion ($582.7 million), according to a report presented by the Dong Nai Department of Natural Resource and Environment to a provincial government meeting on the matter in August 2015....
The capital city will organise a conference on August 24 to promote investment in industry, real estate, trade and services, and social infrastructure, according to baodautu.vn.
The Republic of Korea’s Chang Shin Vietnam, which manufactures Nike shoes for export in the southern province of Dong Nai’s Thanh Phu industrial park, was granted preferential customs treatment.
Vietnam and the EU have reached a framework agreement on the creation of a free trade zone under which almost all customs barriers between the partners will be eliminated.
The umbrella labor association is continuing to campaign for a wage increase by releasing a survey that shows most workers in the country are struggling to live off their income.
Vietnam continues to rise fast as an attractive manufacturing destination due to its edge in cost competitiveness, according to the findings in a report released by a U.S.-headquartered commercial real estate services firm last week.
Transimex-Saigon Joint Stock Company (TMS) started construction of a new hi-tech bonded warehouse and logistics centre in HCM City on August 2015
The European Union (EU) will remove 85.6% of tariff lines for Vietnam’s goods exports immediately after a bilateral free trade agreement (FTA) between the two sides comes into force.
The number of Japanese restaurants is rising rapidly in Hanoi and Ho Chi Minh City to around 350, said Hirotaka Yasuzumi, managing director of the Japan External Trade Organisation (JETRO) in HCM City.
