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Viet Nam remains an attractive destination for oil refineries, with numerous business benefits and investment incentives advantages, experts said.
The Dong Nai Port Joint Stock Company on September 23 began construction of a 30,000-ton pier at Go Dau Port in Dong Nai Province to serve transportation of alumina and other types of cargo in the southeastern region.
Prime Minister Nguyen Tan Dung initiated the 27km underground cable connecting Ly Son island district in the central province of Quang Ngai to the national electricity grid on September 28th.
Viet Nam attracted US$11.18 billion in foreign direct investments (FDI) in the first nine months of this year, or 74.5 per cent of FDI in the same period last year.
The 32nd ASEAN Ministers on Energy Meeting (AMEM) adopted a joint statement on strengthening cooperationamong state members for sustainable energy development in Vientiane, Laos, on September 23.
Asian Development Bank (ADB) President Takehiko Nakao has suggested that Vietnam step up public private partnerships (PPP) by fine-tuning projects, to stimulate cost-effective investments.
Benin Republic President Boni Yayi has reaffirmed his nation’s recognition of Vietnam’s market economy at a recent reception for Vietnam Ambassador Pham Truong Giang who came to present his credentials.
The ASEAN Economic Community (AEC), which involves reducing or eliminating tariffs on goods traded between the ten member countries, is planned to be convened on December 31, 2015.
Many exporters are benefitting from Vietnam’s free trade agreements and resultantly boosting their exports.
PM Nguyen Tan Dung expressed his pleasure that Viet Nam and Singapore share the same view on building an ASEAN Community and hoped that the two sides would strengthen the bilateral relations in all fields.
German financial assistance is very essential for Vietnam’s sustainable development, said Finance Minister Dinh Tien Dung at a working session with his German counterpart Wolfgang Schauble in Hanoi on September22.
A Vietnamese delegation led by Ambassador Doan Xuan Hung recently attended a seminar in the Japanese prefecture of Miyagi, which focused on highlighting economic cooperation opportunities.