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.
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
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.
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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.
The project, once completed, is expected to enhance the logistics ecosystem for Vietnam’s central region.
The city's target for FDI is approximately $3.1 billion in 2024 and $2.7 billion in 2025.
The project aims to enhance railway safety and transportation capacity, boosting international connectivity between Vietnam, China, and Europe.
Vietnam has the potential to become a center for incubating the semiconductor ecosystem if stakeholders have the necessary faith and drive.
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.
The total investment is approximately US$67.32 billion.
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 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.
The opportunities for cooperation in the aerospace & defense manufacturing industry between Vietnam and France are vast.
The Government leader called on South Korean corporations to support Vietnam with financial resources, infrastructure development, institutional and policy improvements, quality human resource training, and smart governance.
China actively prioritizes infrastructure development and promotes global transportation cooperation, considering Vietnam as a crucial partner.
In the context of a tight state budget, the creation of a dedicated public fund for the urgent protection and promotion of cultural heritage values is imperative.
For Vietnamese companies wanting to go international and attract foreign investment, green standards are crucial.