Vietnamplus

Vietnam is among the top three investment destinations in Southeast Asia for Singapore-based companies in the next two years, according to the latest HSBC study.

A delegation from the Vietnam-Republic of Korea Association for Society, Economy, and Culture (COVESECA) visited the Red River Delta province of Ha Nam on July 4 to study the locality’s investment climate.

The Management Board of Hoa Lac Hi-Tech Park (HHTP), based in Hanoi, will press on with improving its investment environment to attract more funding.

Leaders of Ho Chi Minh City recently held a meeting with foreign-invested (FDI) businesses, calling on them to work side by side with the southern metropolis of Vietnam toward the goal of fast and sustainable development.

Removing trade barriers and cutting down tariffs are the most critical measures to improve investment climate for European enterprises who want to land foreign direct investments (FDI) in Vietnam.

Close to 20 businesses from Vietnam and France gathered at a forum in Paris on February 26 to exchange know-how in organic agricultural production.

The northern province of Bac Ninh attracted 3.5 billion USD in foreign direct investment (FDI) in 2017, ranking second among provinces and cities across the country.

Vietnam becomes an attractive destination for Japanese investors as the country’s investment climate has been improved in recent years, said an economist from Waseda University, Japan.

The southern province of Binh Duong’s index of industrial production (IIP) rose 24.1 percent year-on-year in January, said Nguyen Van Danh, Director of the provincial Department of Industry and Trade.

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on January 24 met with a delegation of the Japan External Trade Organisation (JETRO) and Japanese businesses who came to learn about local investment climate.

The Mekong Delta province of Dong Thap will organise an investment promotion conference in Cao Lanh city from December 18-19 to call for investment into 33 local projects.

Chairman of the People’s Committee of Ho Chi Minh City Nguyen Thanh Phong on November 25 received Peter Pellegrini, Slovakian Deputy Prime Minister for Investments and Informatization, who is paying an official visit to Vietnam from November 25-29.

Vietnam’s improving investment climate has made the country become an alluring destination for Japanese investors who commit to furthering investment in the Southeast Asian nation in the future.

The northeastern province of Quang Ninh is applying a range of measures to remove difficulties for businesses by improving investment environment and attracting social resources for local socio-economic development.

Deputy Prime Minister Vuong Dinh Hue has requested Quang Ninh province continue its efforts to improve its business and investment environment to develop tourism, seaports and logistics.

The National Financial Supervisory Committee (NFSC) has anticipated that Vietnam's gross domestic product (GDP) in 2017 will be more than 6.7 percent.

The northern port city of Hai Phong attracted more than 870 million USD of foreign direct investment (FDI) during the January-September period, fulfilling just nearly 30 percent of its target set for 2017.

Vietnam is stepping up the equitisation of State-owned enterprises (SOE) and wants foreign investors to pay attention to this area, Prime Minister Nguyen Xuan Phuc said on September 14.

The European Union (EU) wants to ratify the EU-Vietnam Free Trade Agreement (EVFTA) in 2018 and put it into force as soon as possible, the EU’s chief negotiator Mauro Petriccione has said.

Promoting trade and investment, and reforming the investment climate in APEC member economies were discussed at a meeting of the Investment Experts’ Group (IEG) in HCM City on August 21.