UK newspaper: VN lures in more foreign investors Business

UK newspaper: VN lures in more foreign investors

UK newspaper, the Financial Times, on July 26 ran an article saying that Vietnam ’s attractive investment environment, especially its cheap labour costs and political stability, are persuading foreign companies to choose it as the best destination in the region for their investments.
Business

Craft exporters enjoy sales boost

Vietnam's craft gift suppliers are gearing up for robust sales growth for the remainder of the year, after weathering a challenging export climate last year, according to Kearny Alliance, a US-based non-profit organisation that helps businesses in developing countries.
Business

ASEAN – Vietnam’s leading investment partner

Several member countries of the Association of Southeast Asian Nations (ASEAN) have emerged as Vietnam’s leading investment partners after a few invested small amounts of capital in the country 20 years ago.
Business

Vietnam, Japan seek cooperation in shipbuilding

Vietnam and Japan hold a big opportunity for cooperation in shipbuilding as the world’s second largest economy is recovering and the Southeast Asian country’s shipbuilding industry boasts various potentials.
Business

Investors return to garment biz

More foreign direct investment in the garment and textile industry in recent months is a positive sign for the economy, but it poses challenges for domestic producers, experts have said.

In the first four months of the year, Vietnam granted investment certificates to 18 FDI projects, valued at a total of 20 million USD, in the garment and textile sector.
Japanese firms plan to boost investment in ASEAN Business

Japanese firms plan to boost investment in ASEAN

Japanese companies are planning to increase their investment in (ASEAN) countries in order to make use of their abundant materials, low labour costs, investment encouragement policies and abilities to adapt to new technologies.
Business

Vietnam best in region, say Japanese firms

Vietnam is the most attractive investment destination among ASEAN member nations for Japanese businesses, according to a survey conducted by the Japan External Trade Organisation.

The survey found 58 percent of Japanese enterprises want to expand their business in Vietnam, which is a positive sign for both countries in the context of global economic turmoil.
Business

Nation ranks third globally in outsourcing, software service

Vietnam ranks third after China and India for outsourcing IT and software services to Japan, accounting for 0.5 percent of Japan’s market share, according to Nguyen Doan Hung, vice-chairman of the Viet-Nhat (Vietnam-Japan) IT cooperation club.
Society

US helps isolated communities increase incomes

The US government is to help isolated communities in Vietnam to increase their incomes by producing bamboo furniture, flooring and construction materials, according to a press release issued by the American Embassy on July 20.