Prime Minister Pham Minh Chinh on March 12 chaired a meeting with ministries, sectors and localities, discussing plans to invest in an expressway connecting the northern provinces of Ninh Binh, Nam Dinh and Thai Binh, and another linking Gia Nghia city in the Central Highlands province of Dak Nong and Chon Thanh township in southern Binh Phuoc province.
Recent announcements made by foreign investors on additional investment to expand production in Vietnam reflect their trust in Vietnam’s prospects for economic recovery, reported the Dau tu (Investment Review) newspaper.
Prime Minister Pham Minh Chinh requested thoroughly and scientifically studying measures to adapt to the COVID-19 pandemic while chairing the Government’s monthly meeting in Hanoi on September 6.
Japanese companies operating in Indonesia will stick to their future investment plans, despite declines in sales and production due to the COVID-19 pandemic, a survey conducted by the Japan External Trade Organization (JETRO) has shown.
As many as 161 million USD of foreign direct investment (FDI) was poured into the southern province of Dong Nai in the first two months of 2019, equivalent to 78.2 percent of the same period last year.
The Mekong Delta city of Can Tho always welcomes and creates favourable conditions for Japanese corporations to land their investment in the locality, Vice Chairman of the city People’s Committee Duong Tan Hien said on June 19.
Deputy Prime Minister Truong Hoa Binh on September 21 encouraged enterprises from Vietnam and Poland to prepare investment plans in fields of mutual interests, such as the environment, agriculture, and food processing, in order to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) which will be signed soon.
The State Railway of Thailand (SRT) is worried that the planned Shinkansen-style Thai-Japanese high-speed railway from Bangkok to Chiang Mai province will run at a loss when it opens, citing a 66 percent drop in the predicted number of daily passengers.
Ho Chi Minh City will speed up administrative reform to create optimal conditions for businesses, Secretary of the municipal Party Committee Dinh La Thang said.
Vietnam’s fast-moving consumer market is now a magnet for foreign investors as it is expected to outpace major markets like India and China with an annual growth rate of 20 percent by 2020.