Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
Investment
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
Growing number of FDI firms moving to Vietnam
Over the past 20 years, Vietnam has emerged as a significant manufacturing hub, deeply integrated into global supply chains.
EVFTA boosts Vietnamese exports, but EU firms face challenges: EuroCham
As the EU-Vietnam Free Trade Agreement (EVFTA) approaches its fourth anniversary on August 1, 2024, the latest survey by the European Chamber of Commerce in Vietnam (EuroCham) paints a nuanced picture of the pact's impact.
Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
The project, once completed, is expected to enhance the logistics ecosystem for Vietnam’s central region.
JETRO: Japan expands business presence in Vietnam
Japan remains a top FDI investor in Vietnam, with manufacturing as its primary focus, as evidenced by the recent "Japan Business Pitch Vol.2" event
Hanoi draws $1.3 billion in FDI, up 65% in Jan-Jul period
The city's target for FDI is approximately $3.1 billion in 2024 and $2.7 billion in 2025.
State-owned corporations set to pilot offshore wind power projects
Private and foreign investors are currently not being considered for pilot projects due to unresolved legal and security issues.
Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
The project aims to enhance railway safety and transportation capacity, boosting international connectivity between Vietnam, China, and Europe.
NIC boosts Vietnam's chip talent with Qorvo, Cadence partnerships
Vietnam has the potential to become a center for incubating the semiconductor ecosystem if stakeholders have the necessary faith and drive.
AIIB ready to fund Hanoi’s urban railway projects
Hanoi expects the AIIB to assist with planning, implementation methods, and financing strategies to rapidly deploy metro projects.
Cautious optimism, but administrative bottlenecks remain stumbling blocks for European businesses
The BCI fell from 52.8 in Q1 to 51.3 in Q2 despite the country's robust GDP growth in the year's first half.
Vietnam’s North-South high-speed railway to be designed for 350km/h
The total investment is approximately US$67.32 billion.
Vietnamese gov’t urged to address impact of global minimum tax
The Ministry of Planning and Investment has proposed the setting up of an Investment Support Fund, financed annually by the state budget, to provide direct cash support to eligible businesses.
Samsung plans drastic investment increase in Vietnam over next three years
Samsung is currently the largest foreign direct investor in Vietnam, with four plants in Bac Ninh, Thai Nguyen, and Ho Chi Minh City, worth a total investment of over $22 billion.
Vietnam’s first Aerospace & Defense Manufacturing Innovation Day underway
The opportunities for cooperation in the aerospace & defense manufacturing industry between Vietnam and France are vast.
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