Yen Bai works hard to attract more foreign investment Business

Yen Bai works hard to attract more foreign investment

Foreign direct investment (FDI) has helped boost socio-economic development in the northern mountainous province of Yen Bai, contributing to shifting the economic structure, creating more jobs and improving locals’ living conditions.
Dong Nai revokes licences of over 170 FDI projects Business

Dong Nai revokes licences of over 170 FDI projects

The Industrial Zones Authority of the southern province of Dong Nai has revoked licenses of more than 170 foreign direct investment (FDI) projects due to slow progress of implementation since the Foreign Investment Law came into effect in 1988.
Myanmar new investment law takes effect World

Myanmar new investment law takes effect

Myanmar’s new investment law, endorsed by the country’s parliament in October 2016, took effect on April 1 with a view to creating favourable conditions for foreign investors.
Myanmar approves new investment law ASEAN

Myanmar approves new investment law

Myanmar’s House of Nationalities (Upper House) on October 5 approved the new investment bill after it was passed by the House of Representatives (Lower House) last month.
Samsung eyes home appliance factory in Myanmar ASEAN

Samsung eyes home appliance factory in Myanmar

Republic of Korea-based Samsung Electronics is considering building a home appliances factory in Myanmar, efforts to seek new manufacturing facilities to cut labour costs and improve efficiency.
Business

Foreigners pour 11.5 billion USD into construction

Since the Foreign Investment Law was passed in 1987, Vietnam's construction sector has received 11.5 billion USD for 1,196 foreign direct investment (FDI) projects. The law was passed a year after Doi Moi (Renewal) policy was announced in 1986.
Vietnam-Cuba Inter-Governmental Committee meets Politics

Vietnam-Cuba Inter-Governmental Committee meets

The Vietnam-Cuba Inter-Governmental Committee for Economic, Commercial, Scientific and Technological Cooperation convened its 32nd meeting in Havana, Cuba on October 13, seeking ways to raise bilateral economic ties on a par with political relations.
Society

Get-together welcomes Cuban guests

A get-together was held in Hanoi on April 7 to welcome a delegation from the Cuban Institute for Friendship with the Peoples (ICAP) led by President Kenia Serranno Puig.
World

FDI in Myanmar reaches 53 mln USD in September

Foreign investment flow into Myanmar reached 53.45 million USD in September, raising the total figure since the country issued its first law on foreign investment in 1988 to over 44.21 billion USD, according to Xinhua news agency.
More FDI licences to be revoked Business

More FDI licences to be revoked

Foreign Direct Investment (FDI) projects that have expired but not yet re-registered will be revoked after February 1 next year, according to a newly issued directive from the Ministry of Planning and Investment (MPI).
National Assembly discusses draft laws Politics

National Assembly discusses draft laws

Continuing the fifth sitting of the 13th National Assembly (NA), legislators on May 28 discussed in groups the draft Law on amendments and supplements to a number of articles of the Law on Fire Prevention and Fighting and Article 170 of the Enterprise Law.
NA debate amendments to Enterprise Law Politics

NA debate amendments to Enterprise Law

National Assembly deputies on May 25 examined the draft amendments to the Enterprise Law, a proposal asking for NA approval of the State budget balance for 2011 and some other issues.
Business

Deal on taxes boosts trade relations with Hong Kong

A double taxation pact to do away with taxes between Vietnam and Hong Kong will further boost economic cooperation as well as increase trade between the two sides in the future, said a Hong Kong trade official.