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The Ministry of Planning and Investment (MPI) will finalise a draft resolution this month to improve the management and use of foreign direct investment (FDI).
The Lao Bao special economic zone in the central province of Quang Tri has attracted 47 projects worth US$164 million, 34 of which are already operational.
The Government has just issued its first resolution in 2013 defining major solutions to realize the socio-economic development and budget estimate plan for 2013.
Foreign investors made strong investments into Vietnam’s e-commerce industry in 2012, noted Nguyen Thanh Hung, vice chairman of the Vietnam E-commerce Association.
Vietnam’s southernmost province, Ca Mau, with economic strength in offshore fishing, has set an export revenue target of more than one billion USD for 2013, a year-on-year increase of 10.5 percent.
Vietnam expects to attract 13-14 billion USD in foreign direct investment (FDI) this year, according to the Ministry of Planning and Investment (MPI).
The import turnovers of many commodities subject to the Vietnam’s import restriction still remained high in 2012, and some even posted high increases, said an agency under the Ministry of Industry and Trade
The Dung Quat oil refinery plans to produce 6.5 million tonnes, a quantity that would earn VND120 trillion and contribute VND16.8 trillion to the 2013 State budget.
Malaysia’s Jaks Resources Berhad terminated the joint venture agreements with Malaysian Island Circle Investment Holding and Chinese Meiya Power for the development of its mega $2.25 billion coal-fired power plant in northern Hai Duong province.
Electronic manufacturing facilities at the VSIP-Bac Ninh outside Hanoi will benefit from on-the-spot logistics and customs services.
Export value to Viet Nam’s six largest markets include the EU, US, ASEAN, Japan, China and the Republic of Korea (RoK) surged to $88 billion in 2012, up 19.4 pct against the previous year.
