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Deputy Prime Minister Pham Binh Minh has requested improving the effective use of official development assistance (ODA) and preferential loans to ensure the safety of public debts.
Taiwan’s Wei Yu Engineering Company has sought licenses from the central province of Ha Tinh to build a US$1 billion livestock farming and food processing complex and a $1.5 billion wharf.
Foreign investors have ploughed into Vietnam an estimated $7.25 billion in actual investment in the first half of this year, up 15.1 percent from a year ago, the Planning and Investment Ministry said on Thursday.
Ho Chi Minh City has announced the introduction of a credit support package for startups worth VND1 trillion ($45 million).
Amata Vietnam and Tuan Chau Group have officially decided to establish Tuan Chau-Amata joint venture to develop a $1.6 billion industrial park and the Amata City Halong complex in the northern province of Quang Ninh.
Prime Minister Nguyen Xuan Phuc affirmed the government’s resolve to create the best possible conditions for businesses to perform, saying this is one of the important contents of a new resolution on support and development of enterprises by 2020.
Mac Quoc Anh, Secretary General of the Ha Noi Association for Small and Medium Enterprises, spoke to the newspaper Kinh te & Do thi (Economic and Urban Affairs) about changes to the investment law concerning Vietnamese enterprises.
The construction of Vietnam’s second oil refinery, the $7.5-billion Nghi Son plant, is falling behind schedule, the government said, extending the country’s reliance on imported products in 2017.
Vietnamese consumers now see value as being about more than low price, Mr. Roberto Butragueño, Associate Director of Retail Services at Nielsen Vietnam, said in the market researcher’s latest report, released on June 16.
Ho Chi Minh City earned 7 million USD from shipping 7.4 million ornamental fish abroad by mid-June, up 13 percent in quantity and 32 percent in revenue from the same period last year, according to the municipal Department of Agriculture and Rural Development.
Consumers’ worry about food hygiene has turned out to be a great opportunity for food processors. Many businesses have poured money into projects to produce safe food.
HCMC’s gross regional domestic product (GRDP) in the January-June period is estimated at nearly VND477 trillion (around US$21.4 billion), rising by 7.47% year-on-year, heard a review meeting on June 20.
