Deputy Prime Minister Tran Hong Ha has asked ministries and central agencies to work closely with localities to remove obstacles for particular projects, thus speeding up public investment disbursement.
Ho Chi Minh City will focus on helping businesses invest in the Saigon Hi-tech Park in Thu Duc city by addressing slow administrative procedures, a conference on facilitating investment heard on June 27.
Information on investment procedures and incentives were updated to businesses and investors at a dialogue organised by the Department of Industry and Trade of Ho Chi Minh City on March 31.
The Department of Planning and Investment in Da Nang has pledged to continue working with relevant units to accelerate the completion of investment procedures for projects, with a view to helping businesses implement them and speed up the economic recovery.
The People’s Committee in the central coastal province of Quang Binh had asked B&T Windfarm JSC to complete investment procedures in order to start the construction of a wind farm cluster no later than October 10 this year, according to the provincial portal.
The construction of an interchange connecting Belt Road No 3 and the Ha Noi-Hai Phong Expressway and other related infrastructure started in Hanoi on January 6.
Disbursement of official development assistance (ODA) in the first half of the year was estimated at more than 4.17 trillion VND (179.7 million USD), accounting for only 6.9 percent of the National Assembly’s plan and 12.7 percent of that assigned by the Prime Minister, according to the Ministry of Planning and Investment (MPI).
The central province of Nghe An will cooperate with investors to build infrastructure in local industrial parks with the aim of filling those IPs with secondary investors in 2019.
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
The southern province of Dong Nai posted a year-on-year growth rate of 7.5 percent in gross regional domestic product (GRDP) in the first half of 2018, Vice Chairman of the provincial People’s Committee Tran Van Vinh said.
State corporations and groups have been found to have committed violations worth nearly 350 trillion VND (15.5 billion USD) in State capital usage and management during the 2011-2016 period, according to the Government Inspectorate.
The Vietnamese engineering sector aims to engage deeper in global value chain and specialised industries that use advanced technologies to make quality products, under a strategy to develop the sector by 2025 with vision toward 2035 recently approved by the Prime Minister.
Vietnamese Ambassador to the UK Tran Ngoc An and representatives from the Ho Chi Minh Stock Exchange and Vietnamese businesses on March 7 attended the opening session of the London Stock Exchange, one of the largest stock markets in the world.
The People’s Committee of the central province of Quang Tri has decided to build a hydropower plant worth nearly 600 billion VND (26.4 million USD) in Huong Hoa district.
Businesses in Beijing and Tianjin and Hebei provinces in China want to promote investment and trade with Vietnamese partners, according to the Tianjin Foreign Economic and Trade Promotion Association.
The Ministry of Industry and Trade (MoIT) recently cut 675 business and investment procedures, equivalent to 55.5 per cent of total business conditions.
Policies continue to discourage the production and trade of local agricultural products, research findings by the Institute of Policy and Strategy for Agriculture and Rural Development show.
An investment handbook in different languages is being compiled by the HCM City Export Processing and Industrial Zone Authority to provide firms with necessary information on investment procedures.
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