Foreign direct investment into Vietnam surges in July Business

Foreign direct investment into Vietnam surges in July

Vietnam attracted 3.15 billion USD in foreign direct investment (FDI) and capital for share purchases in July, representing a rise of 79.8 percent against the same period last year and 76.2 percent against June, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnamese companies prove ready for 5G technology Sci-Tech

Vietnamese companies prove ready for 5G technology

As part of the government’s plan to create incentive for domestically manufactured 5G products, three major Vietnamese enterprises have officially announced their 5G research and production roadmap at a recent seminar held by the Ministry of Information and Communications (MIC), Sai Gon Giai phong reported.
China no longer the largest investor in Malaysia World

China no longer the largest investor in Malaysia

China is no longer the biggest investor in Malaysia as it has now slipped to third position behind the United States and Japan, according to data provided by the Malaysian Investment Development Authority (MIDA).
PM Phuc meets leaders of RoK groups Business

PM Phuc meets leaders of RoK groups

Prime Minister Nguyen Xuan Phuc met with Vice Chairman of Samsung Electronics Lee Jae-yong on November 28 as part of his official visit to the Republic of Korea (RoK).
RoK firms want to invest in Vietnam’s digital transformation Business

RoK firms want to invest in Vietnam’s digital transformation

Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
Binh Duong works to build smart city Sci-Tech

Binh Duong works to build smart city

The Executive Board for Binh Duong Smart City has approved a plan to implement the province’s smart city project this year, according to Mai Hung Dung, Standing Vice Chairman of the provincial People’s Committee.
Binh Duong to develop industry, smart services Business

Binh Duong to develop industry, smart services

The southern province of Binh Duong plans to focus on developing industry and smart services in 2019 by improving cooperation between the State, businesses and scientists, and promoting international exchanges.
Fitch lowers Malaysian growth forecast to 4.6 percent World

Fitch lowers Malaysian growth forecast to 4.6 percent

Fitch Solutions Macro Research, a rating agency of Fitch Group, has cut its growth forecast for Malaysia for 2018 to 4.6 percent compared with its previous forecast of 5.1 percent, following a weaker-than-expected performance in the third quarter of the year, according to The Star.
PM asks Samsung to turn Vietnam into its biggest hub Business

PM asks Samsung to turn Vietnam into its biggest hub

Prime Minister Nguyen Xuan Phuc received Vice Chairman of Samsung Group Lee Jae-yong in Hanoi on October 30, asking the Republic of Korea-based firm to expand investment and turn Vietnam into its largest production hub.