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Smaller FDI projects pose risk of outdated technologies

Smaller FDI projects pose risk of outdated technologies

The average investment capital of fresh projects in 2017 reached US$13.8 million per project, then decreased to US$5.87 million in 2018 and US$4 million in the first seven months of 2019, according to the Ministry of Planning and Investment (MPI).

Low-quality investment not welcomed in Vietnam: PM

Low-quality investment not welcomed in Vietnam: PM

Vietnam has huge potential for investment especially high-tech projects, thereby, the Vietnamese prime minister suggested the Hongkong-based manufacturer to expand its investment to Vietnam’s three biggest cities including Hanoi, Danang, Ho Chi Minh City.

Missed opportunities for Vietnam due to slow privatization pace

Missed opportunities for Vietnam due to slow privatization pace

The lack of commitments from ministries, provinces and executives at state firms are factors behind the slow privatization progress, while problems in finance, land and laborers from periods prior to the privatization also hindered the process at target companies.

WB and Japan help foster Vietnam’s revenue administration reform

WB and Japan help foster Vietnam’s revenue administration reform

An important part of this project is building a roadmap to modernize the information technology (IT) system in revenue administration and creating a foundation to build IT structure, thereby, the General Department of Taxation can adopt updated IT solutions for their work.

Grab eyes Vietnam’s startups investments

Grab eyes Vietnam’s startups investments

In addition to Indonesia and Malaysia, Grab will look more at Vietnam because it sees “increased deal flow on potential opportunities there,” said Grab Ventures’ executive.