Vietnam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia.
Party General Secretary Nguyen Phu Trong has signed for issuing Resolution 50-NQ/TW on directions for improving institutions and policies to enhance the quality and effectiveness of foreign investment cooperation to 2030.
Vietnam is making a name for itself as a dynamic emerging country in Asia with political stability and a growing economy, Kelvin Teo, CEO of Sembcorp Development and Co-chairman of Vietnam-Singapore Industrial Park Group said in a recent interview with Vietnam News Agency (VNA).
Amata VN, a subsidiary of Amata Corporation, is studying the feasibility of establishing a fourth industrial park in Vietnam’s central province of Quang Tri.
The Indonesian Government is calling on enterprises of the Republic of Korea (RoK) to invest in the battery industry for electronic vehicles in the country, just weeks after Jakarta announced a ban on the export of nickel ore to develop its domestic processing industry.