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Economic experts lauded positive changes in the new business and investment laws, which are expected to broadly improve the business climate, but said complex regulations could hamper enforcement.
Russia’s Gazprom Neft, the oil arm of top global gas producer Gazprom, said on Monday it planned to purchase 49 percent of the operator of Vietnam’s Dung Quat refinery, the country’s sole oil processing facility.
Prime Minister Nguyen Tan Dung requested continued efforts to sustain macro-economic stability during the government’s monthly meeting in Hanoi.
A Japanese agency has suggested developing a hi-tech agricultural-industrial park in the Central Highlands city of Da Lat, known as Vietnam’s veggie hub, to make the locality a leading source of green produce for Japan.
Transport Minister Dinh La Thang explained to Lao Dong (Labour) why building a new airport instead of expanding the existing Tan Son Nhat Airport in HCM City makes more sense.
The northern province of Bac Giang has attracted 33 domestic and 10 foreign-invested projects worth a combined 144 million USD thus far this year.
The Mekong Delta city of Can Tho has called on Japanese investors to invest in seven new local projects in agricultural machine manufacturing, high-tech agricultural areas, and fishery centres.
The People’s Council of the southern province of Kien Giang has approved the construction of an international passenger port in Phu Quoc island district as proposed by the provincial People’s Committee.
The Vietnam Textile Group (Vinatex) broke ground on a fibre-weaving-dyeing and garment complex in Que Son district in the central province of Quang Nam in March 2015.
The Viet Nam Chamber of Commerce and Industry’s branch in the Mekong Delta city of Can Tho is running programmes to enhance local businesses’ competitiveness for integration, vietnamplus.vn reported.
The total capital invested in export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in the first three months of 2015 exceeded US$381.7 million, up 48.5% from the same period last year.
Ninh Thuan has given priority to attracting investment in the energy sector in an aim to become Viet Nam’s clean energy centre, the chairman of the province’s People’s Committee said at an investment conference held yesterday in HCM City.
