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Sizable transport infrastructure projects in Vietnam have been doing sterling work in terms of official development assistance fund disbursement in the year to date.
The newly amended laws on Investment and Enterprises promise to open up opportunities and improve the business climate in Vietnam, but worries over how strictly these laws will be implemented still hang over the business community. Ngoc Linh reports.
American investors put 248 million USD into 38 projects in Vietnam over the past 11 months.
The Vietnam subisidiary of global market leader and developer of innovative thermal management technologies Gentherm has just started construction on a factory in the northern province of Ha Nam’s Dong Van Industrial Park.
Ho Chi Minh City, the largest southern economic hub, has attracted 3.15 billion USD in foreign direct investment (FDI) in the first 11 months of this year, the Dau Tu (Investment) newspaper said, quoting a report from the city’s People’s Committee.
Ho Chi Minh City-based Kem Nghia JSC on November 26 received an investment certificate to build a $14 million plant in the city’s Tan Phu Trung Industrial Park.
A workshop in Ho Chi Minh City on December 3 helped businesses identify their potential of resources and all possible support tools on way to achieving sustainable growth.
Investors attending the 2014 Vietnam Business Forum (VBF) asked the host country to continuously speed up institutional and administrative procedure reforms along with improving the investment environment and human resources training so as to fully support the national economy when joining new free...
The World Bank said on December 3 that there were early signs of recovery for Vietnam’s economy, with its economic growth expected to improve from 5.4 percent in 2013 to 5.6 percent in 2014.
Denmark support to the private sector during 2011-2014 under the umbrella of Global Competitiveness Facility (GCF) for Vietnamese enterprises has helped create around 30,000 jobs and generated an important additional export income for Vietnamese firms.
International investors still had stories to tell about how their businesses are hindered by Vietnam’s red tape at a business forum on Tuesday, while acknowledging the progress the country has made in simplifying its bureaucratic procedures.
Foreign-invested enterprises contribute less than the State sector, deputy director of the Viet Nam Institute of Economics Nguyen Chien Thang told the newspaper Hai quan (Customs).
