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The central province of Nghe An has set a target of attracting around 100 trillion VND (4.7 billion USD) in investment, including 50 trillion VND from foreign direct investment (FDI), in the 2015-2020 period.
On 26 November 2014, the National Assembly passed Law No. 67/2014/QH13 on Investment (Investment Law 2014) with many new provisions that have significant impacts for both foreign and domestic investors.
The Government will issue a resolution on improving the country’s business environment with an aim to enhance the national economy’s competitiveness, Prime Minister Nguyen Tan Dung has said.
Three large scale infrastructure projects will improve the capital’s investment environment and help reduce traffic congestion in Hanoi when they open in early of 2015.
Vietnamese-French joint venture Proconco, one of the biggest providers of animal feed in Vietnam, inaugurated a new $9.3 million factory in the central province of Binh Dinh’s Nhon Hoa Industrial Park last week.
The US’ CapFin Asia has expressed interest in developing an integrated technology, education, hotel and entertainment complex in the central province of Thua Thien-Hue’s Chan May-Lang Co Economic Zone.
The Chairman of the provincial People’s Committee Nguyen Van Doc on December 24 granted an investment license for the project of Nam Tien Phong industrial park and port to the Tien Phong Industrial Park Joint Stock Company.
Domestic real estate developer Hoa Binh has ambitious plans to produce a carbonated soft drink to compete with Coca-Cola and Suntory PepsiCo.
Canada’s Naanovo Energy Inc has filed an application for an investment certificate to build a 17 megawatt waste-to-energy plant in the central province of Thanh Hoa.
Taiwan’s United Textile Co. Ltd. broke ground for a $100 million garment factory in the Mekong province of An Giang on Dec 23.
Primer Minister Nguyen Tan Dung has permitted amendments to the development master plan for industrial parks in 31 provinces and cities.
Vietnam remains one of preferred destinations of Japanese information and technology companies.
