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A shortfall of 25% compared to the initial financial plan would trigger the risk-sharing mechanism in public-private partnership (PPP) projects.

The total investment capital of the expressway project has now been raised to VND100.81 trillion (US$4.32 billion), including VND78.46 trillion (US$3.36 billion) from the state budget.

Luxshare ICT announced they are still hiring 300 workers per day from June 18 to 20 for production expansion in North Vietnam.

This law version bans the debt collection service.

The Vietnamese property developer has long enticed foreign investors.

Foreign investors have been net buyers so far this month -- a first since January -- amid a stable currency.

In June 2020, Vietnam’s four state-owned mobile operators - Viettel, VNPT-Vinaphone, GMobile and MobiFone - agreed to share about 1,200 base transceiver stations (BTS).

In contrast to a wide range of investment incentives for multinationals, investment procedures for local enterprises, especially small and medium ones, remain complicated.

As the existing global supply chains have been disrupted by the Covid-19 pandemic, Prime Minister Nguyen Xuan Phuc hoped more Chinese investors would come to Vietnam and address this issue.

The investment would be a long-term one as profit is not expected in a short period of time.

The soon implementation of both the EVFTA and EVIPA would create new driving forces for further cooperation between Vietnam and the EU.

Microsoft and Google are stepping up efforts to relocate production of new devices from China to potential sites in Vietnam.

While FDI firms continue to report losses, they keep expanding operations in the country.

It would be more efficient if the government could waive and delay tax payments for one to three years, said a senior local economist.

Vietnam strives to create favorable investment-business environment for foreign investors, especially those from Japan and the US.

In the first five months of 2020, industrial parks and economic zones drew 390 foreign projects worth US$4.3 billion.

False and groundless rumor could have severe impacts on enterprises’ credibility and Vietnam’s business environment, said Vice Minister of Industry and Trade Do Thang Hai.

The quality of state management and administrative procedures are the top concerns of the business community, not only the progress of cutting red tape, said an expert.

ThaiBev affirms that Vietnam “continues to be one of ThaiBev’s core markets."

More efforts are being made to speed up the economic recovery process while many countries are struggling with the Covid-19 pandemic.