FDI lays foundation for acceleration of oil and gas sector Business

FDI lays foundation for acceleration of oil and gas sector

Since the Vietnamese Government and Italian contractor AGIP signed the first production sharing contract in 1978, foreign direct investment (FDI) in the oil and gas sector has not only brought large revenue to the country but also laid important foundations for the sector to develop strongly.

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.

US investors welcomed in Hanoi

The Vietnamese Government and National Assembly always welcome and create favourable conditions for foreign investors, including those from the US , to do business in the country.

RoK businesses focus on Vietnam

Businesses from the Republic of Korea (RoK) see Vietnam as a promising market for their investments and intend to maintain their position as Vietnam’s number one foreign investor.

ASEAN – Vietnam’s leading investment partner

Several member countries of the Association of Southeast Asian Nations (ASEAN) have emerged as Vietnam’s leading investment partners after a few invested small amounts of capital in the country 20 years ago.

US investment in Vietnam reviewed

The year 2010 is a special opportunity for Vietnam and the US to review and assess their progresses and achievements in investment cooperation after 15 years of the normalisation of the two countries’ diplomatic relations (1995-2010), said US Ambassador to Vietnam Michael W. Michalak.

Paris hosts seminar on Vietnam’s economics

Vietnam’s economics, mechanism and sectors with great potentials were discussed at a seminar  held by the France-Vietnam Friendship Association and the France-Vietnam Friendship Club in Paris on May 5.