The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.
The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.
The northern province of Phu Tho is emerging as an attractive destination for both local and foreign investors thanks to its uniform infrastructure, open policies, and safe business climate.
Vietnam is still regarded by investors as an attractive destination thanks to its stable politics and macro economy, favourable geographical location, and advantages in land and human resources, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
The Vietnam Support Industry Show 2020 and the METALEX Vietnam 2020 will be held online from October 23-24 to connect Vietnamese and Japanese firms in the support industry in the new normal situation.
With significant investment in building transport and industrial infrastructure as well as favourable mechanisms and policies in support of investors, Vinh Phuc is emerging as an attractive destination for Japanese businessmen.
High-quality, affordably priced tours are needed to attract local tourists, especially following the second COVID-19 outbreak that occurred this summer, experts have said.
The northern province of Bac Ninh has set itself a target of 2,500 new enterprises each year in the period from 2020 to 2025, as part of its scheme to support small and medium-sized enterprises (SMEs).
Vietnam will overcome difficulties in the last three months of this year, creating a premise for 2021, Deputy Minister of Industry and Trade Do Thang Hai has believed.
Vietnam has taken measures to improve the capacity of its supporting industries to make domestic enterprises effectively participate in global value chains.
The Vietnamese Embassy in Germany on September 23 held a webinar on the two countries’ relations, on the 45th anniversary of bilateral diplomatic ties (September 23).
Vietnam’s growing stature in the region and the world and its impressive containment of COVID-19 have continued to consolidate its status as an attractive destination for Singaporean investors.
Vietnam has become one of the world’s few economic bright spots attracting foreign investors, especially those from Australia, due to cheap labour, a young population, high education standards, and government incentive policies, experts have said.
Authorities in the German city of Hamburg and German businesses in general have expressed their interest in the potential the Vietnamese market holds and their belief that the EU-Vietnam Free Trade Agreement (EVFTA) will help open up more opportunities for German companies in the country.
Business
