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Making an entrance into the Vietnamese banking landscape as representative offices, then moving up the ladder to become branches and 100% foreign-owned units when the right time came, Japanese and Korean financial institutions are taking careful steps to strengthen their footholds in the country.
Japan’s Official Development Assistance (ODA) cooperation in Vietnam had been successful, said President of the Japan International Cooperation Agency (JICA) Shinichi Kitaoka in a press conference in Hanoi on September 10 as part of his official visit to Vietnam.
Viet Nam welcomes all investors in the context that the Government is now devoting efforts to improve business environment, said PM Nguyen Xuan Phuc while addressing the Hong Kong-Viet Nam Business and Investment Forum in Hong Kong on September 14.
Japan’s Aichi Prefecture and the HCMC government on September 13 signed a memorandum of understanding (MOU) strengthening cooperation in management of transport system, developing supporting industries, increasing flight frequency and offering Japanese scholarships.
Vietnam has seen an increase of 20 percent in the imports of shrimp in the last three years, an expert said at a press conference in Ho Chi Minh City on Tuesday.
Prime Minister Nguyen Xuan Phuc chaired a roundtable dialogue with CEOs of leading Chinese business in Nanning, Guangxi, on September 11.
The Ministry of Planning and Investment has published draft law amendments, with some articles focusing on making foreign capital flow more smoothly into investments and enterprises.
Việt Nam and the United States look forward to significant opportunities for economic co-operation, especially in trade and investment, Minister of Planning and Investment Nguyễn Chí Dũng said this week.
It has been unveiled that Allied Telesis signed an agreement on September 9 committing to jointly provide US$50 million of foreign direct investment in Saigon Silicon City.
Vietnam Dairy Products JSC, Southeast Asia’s biggest milk producer by market value, is in talks to buy another U.S. company as it accelerates acquisitions to expand globally and drive revenue.
Strong trademark with certified international health and environmental standards will bring more Vietnamese commodities to the UK market, heard a conference in Hanoi on September 9.
The State has received VNĐ5.8 trillion (US$256.5 million) from the divestment of State capital in local enterprises in the first eight months of this year, it was announced by the Department of Corporate Finance under the Ministry of Finance (MoF).
