The Vietnamese Government has paidconsiderableattention to Samsung’s investment projects in Vietnam and will continue to create favorable conditions for the firm to successfully do business in the country, Prime Minister Nguyen XuanPhuc told an official from Samsung on January 11.
Vietnam will enhance its telecommunications infrastructure, expand its broadband network and develop 5G mobile connectivity this year.
Only about 300 of the over 1,800 businesses working in supporting industries in Vietnam have joined production chains of multinational enterprises, a figure described by analysts as too modest.
Deputy Prime Minister Trinh Dinh Dung has ordered the construction sector to make significant breakthroughs in the development of the affordable housing segment as its supply is increasingly scarce, while the demand for such housing is on the rise.
The northern mountainous province of Thai Nguyen has attracted 62 projects with total registered capital of about 113.5 trillion VND (4.8 billion USD) since it hosted the investment promotion conference last July.
Vietnam closes the year 2018 with many political, diplomatic and socio-economic events and hallmarks which have drawn special international attention. The following are 10 prominent external relations events selected by the Vietnam News Agency.
As one of the most-developing areas in Vietnam, HCM City is faced with both opportunities and challenges to make the best use of the Fourth Industrial Revolution (Industry 4.0).
Deputy Prime Minister Vuong Dinh Hue hosted a reception in Hanoi on December 21 for outgoing General Director of Samsung Vietnam Shim Won Hwan and Shim’s successor Choi Joo Ho.
Two-way trade between the Republic of Korea (RoK) and Vietnam increased 7 percent in the first 11 months of this year compared with a year ago, the Korean Ministry of Trade, Industry and Energy announced on December 19.
The Northern Power Corporation (EVNNPC) is projected to enjoy a 12.14 percent production growth in 2018 with 64.3 billion kWh of electricity, according to a report delivered at the firm’s customers’ meeting in Hanoi on December 11.
The list of top 500 largest enterprises in Vietnam (VNR500) has been unveiled, showing that Vietnam’s private sector continued to post strong growth with the compounded annual growth rate (CAGR) among private firms rising significantly, reaching 21.8 percent in the 2014-2017 period.
Online Friday 2018 officially kicked off on December 7, with 5,000 products at promotional prices of 0 VND or with prices reduced by 80 to 90 percent, according to event organiser the Vietnam E-commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade.
Vingroup has become the first and only private firm listed among Vietnam’s top 10 largest businesses (VNR500), according to the latest Vietnam Report JSC.
Doosan Heavy Industries Vietnam (Doosan Vina) of the Republic of Korea has inked MoUs with 11 local suppliers to establish Doosan Vina’s Supplier Association.
Considerable developments in politics, economy, labour and socio-culture have been recorded in the Vietnam-the Republic of Korea (RoK) relations thanks to joint efforts made by the two countries since they set up diplomatic ties in 1992.
The entrepreneurial spirit of businesses is a stimulus for the Government to act more drastically and innovatively, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2018 in Hanoi on December 4.
A Japanese newspaper has heralded Ho Chi Minh City as a “Silicon Valley of Asia” thanks to its upgraded infrastructure and growing financial areas.
The Vietnam Oil and Gas Group (PetroVietnam) topped the Profit500 Ranking, which listed the 500 most profitable companies in Vietnam in 2018.
