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.
Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers.
As of the end of 2018, 376 companies had listed shares on the HNX worth VND127 trillion (US$5.48 billion), up 7.77% year-on-year.
Since last June, 33 listed Chinese companies have informed China`s two stock exchanges of their plans to follow their foreign counterparts out of the country to mitigate the prolonged trade war between China and the US.
The project will construct climate-resilient transport and urban infrastructure needed to boost tourist arrivals and tourist services investment in the provinces of Hoa Binh, Nghe An, Quang Binh, Quang Tri, and Thua Thien-Hue.
Vietnam is making efforts to tighten control over Chinese goods seeking to be designated Vietnamese-made items.
Vietnam is making efforts to tighten control over Chinese goods seeking to be designated Vietnamese-made items.
Vinpearl Air plans to add six planes on average per year to its fleet to reach a total of 30 by 2024, including 21 narrow-body and 9 wide-body aircraft.
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).
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.
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.
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.
Along with the US-bound car display screens, which will incorporate LCD panels made in Japan, the plant will make air purifiers and other electronics for sale in Vietnam.
It is essential for Hanoi to set up an investment database as part of its efforts to promote trade and investment both at home and internationally.
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.
The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets.
The program aims to seek business initiatives for Vietnam`s sustainable growth.
FDI commitments in the January – July period totaled US$20.2 billion, down 13.45% year-on-year.
An expert forecast the M&A figure could reach US$6.7 billion in 2019, down 11.84% year-on-year.
The move aims to meet the significant liquefied natural gas (LNG) demand growth forecast for Vietnam.
Vietstar Airlines would be the first airline getting AOC for business jets in Vietnam, as the airline is expected to provide VIP service for individuals, groups, local and foreign businesses.