FDI forecast to flow into supporting industries Business

FDI forecast to flow into supporting industries

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.
Vietnam, Cuba step up construction cooperation Business

Vietnam, Cuba step up construction cooperation

A memorandum of understanding (MoU) was signed between the Vietnamese-based Consultant and Inspection Joint Stock Company of Construction Technology and Equipment (CONINCO) and the Cuban-based DINVAI Vietnam construction company on November 30.
Pandemic drags down FDI attraction Business

Pandemic drags down FDI attraction

Vietnam had attracted a total of 26.43 billion USD in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.
More reforms needed in construction procedures Business

More reforms needed in construction procedures

More drastic reforms of construction-related administrative procedures must be carried to improve transparency and reduce costs for enterprises, heard a conference organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Ministry of Construction and the Friedrich Naumann Foundation in Hanoi last week.
Vietnam, South Africa look to expand trade and investment ties Business

Vietnam, South Africa look to expand trade and investment ties

A delegation of the Vietnamese Embassy in South Africa, led by Ambassador Hoang Van Loi, paid a working visit to Eastern Cape and Western Cape provinces from November 22-29 to seek opportunities for further strengthening investment, trade and tourism cooperation between the two countries.