The Indonesian government, through the Investment Coordinating Board (BKPM) and the Ministry of Industry, is working to attract companies relocating their operation from China due to trade tension with the US, according to BKPM Chairman Thomas Lembong.
A marine farming project worth 30 million USD has been licensed in principle in the southern province of Kien Giang, expected to produce 30,000 tonnes of saltwater fish for export each year.
China was the biggest among the 65 countries and territories investing in new projects in Vietnam during the first seven months of 2019, data of the General Statistics Office show.
About 20.2 billion USD of foreign direct investment (FDI) flowed into Vietnam from the year’s beginning to July 20, down 13.4 percent year on year, according to the General Statistics Office (GSO).
The robotics market has grown strongly in recent years due to enterprises’ growing demand for automotive solutions to optimise output and save both labour and operational costs.
Hyundai Glovis, a logistics subsidiary of Hyundai Kia Automotive Group from the Republic of Korea, is expanding its overseas presence by opening its first Southeast Asian office in Vietnam.
Members of the European Union (EU) have expressed their belief in the positive impact that the bloc’s free trade agreement with Vietnam (EVFTA) will have on bilateral trade relations.
Vietnam gained a trade surplus of 1.59 billion USD in the first half of this year, according to the latest statistics from the General Department of Customs.
Vietnamese businesses are having high hopes for bigger market shares in the European Union (EU) thanks to the bilateral free trade agreement (EVFTA) signed recently.
TH Group has submitted a proposal to the People’s Committee of the northern province of Quang Ninh to invest in a projects breeding 20,000 milk cows with a total investment of nearly 6 trillion VND (258 USD) in Dam Ha district.
The Asian Development Bank (ADB) retained its growth projections for Vietnam at 6.8 percent for 2019 and 6.7 percent for 2020 in a report released on July 18.
Foreign direct investment (FDI), especially in southern provinces, is expected to increase sharply with a number of billion-dollar projects in the pipeline, according to the Foreign Investment Agency (FIA).
Malaysian Minister of Primary Teresa Kok said on July 16 that the country will lodge a complaint with the World Trade Organisation (WTO) over the European Union's plan to phase out the use of palm oil in biofuels.
Recognising the importance of workplace safety, more and more businesses in Ho Chi Minh City have begun to invest in modern equipment and increased budgets for labour safety programmes.
A high-level Swiss delegation toured a garment factory in the southern province of Dong Nai on July 12 to assess positive changes in working conditions and competitiveness of the country’s leading export industry and the fruits of the partnership between the Swiss government, Better Work programme and Vietnamese industry.
A Vietnamese delegation led Deputy Chief of the General Staff of the Vietnam People’s Army Lt. Gen. Nguyen Tan Cuong has been attending the ninth International Maritime Defence Show (IMDS) 2019 in Saint Petersburg, Russia, from July 10-14.
Multinational Chinese electronics firm TCL has registered to build two factories to produce speakers, headphones and other accessories in the northeastern province of Quang Ninh.
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