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South Korean firm Solum Vina commissioned a US$20 million electronic parts factory in the northern province of Vinh Phuc on Monday.
State-owned groups and enterprises have brought back VNĐ6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.
A report of the State Bank’s HCMC Branch showed that 22 percent of overseas remittances goes to the real estate sector, 72 percent to production and business and the remaining to other fields.
European investors are running 1,809 valid projects worth 23.16 billion USD in Vietnam, accounting for 8.7 percent and 8 percent of total EU projects and investment in the country.
Deputy PM Vuong Dinh Hue attended a ceremony to announce the master scheme on Nui Coc Lake National Tourism Area by 2025 with a vision towards 2030 on December 25 in Thai Nguyen province.
Thailand’s foreign direct investment into Vietnam has been increasing sharply in recent years, according to a survey report by researcher Pittaya Suvakunta from Thailand’s Thammasat University.
The outlook for US direct investment (FDI) flows into Vietnam looks promising regardless of whether the Trans-Pacific Partnership Agreement (TPP) comes into being or not.
Deputy Prime Minister Vuong Dinh Hue has lauded the northern mountainous province of Thai Nguyen’s optimal conditions for tourism development, particularly Nui Coc lake and tea culture.
A nine-storey parking building has been proposed at Lam Son Square, just behind the landmark Opera House, to address the huge need for parking space in downtown HCMC, but the municipal transport authority has described it as inappropriate.
Driven by market demand and Vietnam’s policies, a number of foreign investors are planning to invest in Hoa Lac High-tech Park (HHTP).
Fuhua Co Ltd of Taiwan (mainland China) on Wednesday commenced the construction of 17 workshops for rent in the Binh Xuyen 2 Industrial Park in northern Vinh Phuc Province.
Karlovy Vary province of the Republic of Czech wants to seek Vietnamese partners for cooperation in investment and tourism, the province’s Vice Governor Petr Kubis said at a meeting with Vietnamese Ambassador Truong Manh Son.
