HCM City steps up investment ties with Cuba Politics

HCM City steps up investment ties with Cuba

Nguyen Thanh Phong, Chairman of the People’s Committee of Ho Chi Minh City, and visiting Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz discussed ways to promote investment ties between the Vietnamese southern metropolis and Cuba, during their meeting on September 13.
Nearly 15.9 mln USD of FDI poured into Quang Nam in Q1 Business

Nearly 15.9 mln USD of FDI poured into Quang Nam in Q1

The central coastal province of Quang Nam has attracted eight foreign direct investment (FDI) projects worth nearly 15.9 million USD so far this year, lifting total FDI projects in the locality to 176 with a total investment of over 5.8 billion USD.
HCM City attracts RoK investment to smart urban development Business

HCM City attracts RoK investment to smart urban development

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan on August 16 urged the Republic of Korea SM Group to invest in the city’s latest innovative urban area, particularly in the spheres of transport, telecommunications, and housing for scientists.
Business

HCM City to set up 28 industrial clusters

Ho Chi Minh City aims to construct 13 new industrial clusters with a total area of 763.91ha by 2020 and 15 new industrial clusters with a total area of 919.3ha by 2030.
Business

Southern hub strives to keep economic recovery in 2014

Overcoming the country’s economic difficulties and the global financial recession, last year Ho Chi Minh City maintained a stable growth, making up one-third of the national GDP. In 2014, the city is doing its utmost to maintain this recovery.
Business

Japanese businesses heavily invest in Da Nang

Named as one of the top five foreign investors in the central city of Da Nang, Japan now has more than 90 businesses and representative offices operating in the city with investment exceeding 370 million USD, equivalent to 30 percent of the locality’s total inflow of foreign investment.
Business

Korean Aerospace Industries comes to Vietnam

Representatives from the Korean Aerospace Industries, the Republic of Korea, has arrived in central Da Nang city to study the possibility of setting up a factory producing spare parts for planes, according to local newspaper Dau tu (Investment).