The northern province of Ha Nam and Gyeonggi province in the south of the Republic of Korea (RoK) will promote cooperation in socio-economy and culture, per a Memorandum of Understanding (MoU) inked between the two localities on October 12.
Ho Chi Minh City prioritises investment in green hi-tech industries, urban development and transport infrastructure, said Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen.
With its rapidly growing economy and a 95 million population of whom 60 percent are young consumers, Vietnam is an attractive destination for global franchising and retail businesses.
Ho Chi Minh City was the most attractive destination for foreign investors, luring 3.74 billion USD in the first nine months of this year, accounting for 14.6 percent of the country’s total 25.4 billion USD.
The Government is concerned about the poor coordination and infrastructure undermining the major development potential of Vietnam’s 11 central localities, Deputy Prime Minister Vuong Dinh Hue told 500 business people and officials at the 2nd Central Coastal Economic Forum in Da Nang on September 25.
The Indonesian Embassy in Vietnam held a banquet on September 6 to mark the 72nd anniversary of the National Independence Day (August 17).
More Australian students will head to Vietnam in 2018 to study and undertake work placements under the Australian Government’s New Colombo Plan mobility programme, announced the Australian Embassy in Vietnam.
The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016.
Vietnam’s southern largest economic hub of Ho Chi Minh City and China’s Guangdong province hold a wide range of potentials for stronger trade and investment ties.
The Central Highlands province of Dak Lak has attracted many official development assistance (ODA) and foreign direct investment (FDI) projects as well as non-governmental assistance, including funds from the Republic of Korea (RoK).
ASEAN Cultural Day took place in the northern province of Vinh Phuc on August 1 to celebrate the 50th founding anniversary of the bloc.
FDI capital in Vietnam exceeded 19 billion USD in the first half of 2017, a 50 percent year-on-year increase and a new record in FDI attraction in the country.
Vietnam has an important role in fostering the development of the Association of Southeast Asian Nations (ASEAN), affirmed ASEAN Secretary General Le Luong Minh.
“ASEAN at 50: ASEAN Economic Community and the Opportunities for Vietnamese Businesses” is the theme of a conference in Hanoi on July 19 to mark the 50th founding anniversary of the ten-member group.
The Mekong Delta city of Can Tho is willing to create the best possible conditions for companies from the Republic of Korea (RoK) to invest and do business in the locality.
Hanoi plans to attract 15-20 new projects with expected total investment of 250 million USD - 300 million USD in industrial zones and clusters in the capital city this year.
The second Cai Rang Floating Market Culture and Tourism Festival kicked off in the Mekong Delta city of Can Tho on July 7.
A seminar was held in Ho Chi Minh City on June 28 to seek ways to further boost trade between Vietnam and China, including between HCM City and Shandong province, which are said to have great potential for stronger cooperation.
