Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA).
Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.
With 100 percent of votes, members of the National Assembly (NA) Standing Committee on January 11 adopted a resolution on the switching of investment format of some component projects on the Eastern North-South Expressway project in the 2017-20 period, which failed to find investors through biddings.
Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
The number of foreign direct investment (FDI) enterprises continues to increase in Vietnam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.
Hanoi’s Cat Linh-Ha Dong urban railway project is scheduled to complete on March 31, said Nguyen Khanh Tung, Vice Director of the project’s Management Board.
Analysts from securities companies are optimistic about stock market movement during the first trading week of this year and betting the positive trend will continue.
Over 747.6 million USD were poured into export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in 2020, representing a year-on-year increase of 15.79 percent, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
Japanese Ambassador to Vietnam Yamada Takio has told leaders of the southern province of Binh Duong that his country supports transport projects connecting Binh Duong with regional localities and cooperation in investment for major projects using Japanese ODA.
The Vietnam Travel Aviation Company Limited (Vietravel Airlines) on December 18 unveiled the company's uniforms, to mark the 25th founding anniversary of the parent company Vietravel.
Thirty trains and other related components of Hanoi’s Cat Linh-Ha Dong urban railway have been completely assessed and obtained a certification for technical safety and environmental protection.
The Vietnam Register Authority under the Ministry of Transport announced it has completed the assessment and issued technical safety and environmental protection certification for 13 trains and other related components of the Cat Linh-Ha Dong urban railway, Hanoi’s long-delayed first metro project.
The trial run of Hanoi’s Cat Linh-Ha Dong urban railway project will take place from December 12 to 31 to access its safety, Vu Hong Phuong, director of the Transport Ministry’s railway project management board, told reporters.
Prime Minister Nguyen Xuan Phuc and his Lao counterpart Thongloun Sisoulith co-chaired the 43rd meeting of the Vietnam-Lao Inter-Governmental Committee on bilateral cooperation in Hanoi on December 6.
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