Long An province led localities in the Mekong Delta region in budget collection in 2018, which hit over 13.8 trillion VND (over 595 million USD), 3.8 trillion VND higher than the target set for the year.
The Vietnam Business Forum (VBF) 2018 kicked off in Hanoi on December 4, with discussions focusing on the theme of “Sharing opportunities in the world of changing trade”.
Vietnam’s Index of Industrial Production (IIP) expanded 10.1 percent year-on-year in the first 11 months of 2018, according to the General Statistics Office (GSO).
Total State budget collection from the beginning of the year until November 15 was estimated at 1.16 quadrillion VND (49.78 billion USD), up 16.1 percent as compared to the same period last year.
In addition to trade and investment opportunities, the participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will offer Vietnam a chance to modernise its labour laws and industrial relations system, thus creating sustainable jobs and bringing practical benefits to workers.
A governmental decree drafted by the transport ministry to simplify business conditions for potential investors in the aviation sector has been sent to Prime Minister Nguyen Xuan Phuc for approval.
Experts gathered at a workshop in Hanoi on November 8 to discuss measures to raise the role and responsibility of businesses in realising sustainable development goals (SDGs).
Vietnam has always and will continue to consider foreign-invested enterprises as part of its economy, Deputy Prime Minister Vuong Dinh Hue told head of SME Business Switzerland at Credit Suisse Andreas Gerber during a reception in Hanoi on November 5.
Vietnam holds great potential to develop its paper industry and is likely to rake in more than 1 billion USD a year from paper exports, heard a seminar in Hanoi on October 16.
The Vietnamese Government commits to building a more favourable and competitive investment environment towards international standards and in accordance with commitments to high standards the country has made in new-generation free trade agreements (FTAs), said Prime Minister Nguyen Xuan Phuc on October 4.
The central coastal province of Quang Ngai wants to attract foreign investors in large-scale heavy industry related to deep-water sea ports which is an advantage of the province.
The southern province of Long An is taking action to increase the efficiency of FDI attraction as this form of investment plays an important role in the locality’s socio-economic development, said Chairman of the provincial People’s Committee Tran Van Can.
Foreign direct investment attraction has been an important part of the northern port city of Hai Phong’s development strategy for years.
A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.
The international manufacturing sector is moving to Vietnam and more FDI is flowing into the country, showing growing confidence among investors in the market.
Deputy Prime Minister Vuong Dinh Hue on September 13 received representatives from Mitsubishi, Deloitte, Hanwha Energy, McKinsey, and HSBC in the framework of the World Economic Forum on ASEAN in Hanoi.
FDI enterprises have become an important driving force for Vietnam’s economic development and international integration after 30 years since the country began attracting FDI.
Foreign-invested enterprises have become an important driving force for Vietnam’s economic development and international integration after 30 years since the country began attracting foreign direct investment (FDI).
