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HCMC - The government of Lao Cai Province has awarded investment certificates for six projects capitalized at VND3.41 trillion (US$152.96 million), with three of them committed to hydropower generation and two to tourism services.
Ho Chi Minh City (VNA) – More capital continues flowing into HCM City’s real estate sector as local companies and foreign partners join hands to take advantage of the new housing law, which allow foreigners to buy houses in Vietnam.
Although global integration has prompted fears that many local enterprises will be subsumed by a tidal wave of multinationals, the impressive growth of certain enterprises has fostered renewed confidence in the future of Vietnamese brand names.
Việt Nam’s GDP growth is forecast to be robust in 2016 and 2017, possibly outperforming other countries in the region, according to international banks.
Since it came to Vietnam 20 years ago, FrieslandCampina has remained one of the country’s leading dairy companies. The Saigon Times Daily spoke with Arnoud van den Berg, managing director of FrieslandCampina Vietnam, about the company’s business operations in the country and prospects for the Vietnamese...
Vietnam favours US nationals with one-year multiple entry visas US nationals who arrive in Vietnam are now eligible for multiple entry year-long visas.
VGP – Viet Nam gained US$1.1 billion from exporting to China in February, bringing the total export turnover in the first two months of the year to US$2.4 billion, a year-on-year increase of 10.38%.
The construction site of Nghi Son Refinery and Petrochemical complex. (Photo: hancongnghecao.com) Nghi Son Refinery and Petrochemical complex (NSRP complex), the second and the biggest of its kind in Vietnam so far, is set to finish its mechanical installation in the coming November and start commercial...
The Ministry of Industry and Trade announced on Tuesday that additional tariffs will be levied on imported steel products as a temporary safeguard measure against cheap imports which have allegedly threatened the local industry.
Vietnam is expecting to attract a large volume of foreign direct investment over the next five years.
The government has set targets for economic growth of between 6.5 and 7 per cent and total GDP of between VND30,621 trillion ($1.37 trillion) and VND31,487 trillion ($1.41 trillion) over the next five years.
Economic experts said enterprises in Viet Nam will face fierce competition under the ASEAN Economic Community, so they should establish relationships with large firms in the region and globally in order to better develop their businesses.
