Investment

Mozambique’s Prime Minister Carlos Agostinho do Rosario has called upon Vietnamese businesses to engage more in trade, oil and gas, marine transport, and processing farm produce and seafood to soon realise the trade target set by the two countries’ leaders.

Prime Minister Nguyen Xuan Phuc has called on Chinese businesses to increase their investment in important sectors in Vietnam, with attention paid to technological and environmental issues.

In the first senven months of 2017, FDI including newly registered capital, capital increase or equity investment has amounted to 21.93 billion USD, an increase of 52% in comparison to the same period of 2016. Up until July, 122 nations and territories have invested in Vietnam. The new foreign investment projects focus mostly on manufacturing and real estate business.

The Prime Minister has decided to establish the Thai Binh Economic Zone (EZ) in the northern province of Thai Binh.

Speaking at the Vietnam Private Sector Forum on July 31, the Prime Minister stressed the government determination to facilitate the private sector’s growth.

The ASEAN Economic Community has existed for two years, yet there are few signs of Vietnamese enterprises in this marketplace. This was the opinion of many participants in the seminar held recently in Hanoi as part of activities to mark the 50th anniversary of ASEAN.

The Hanoi People’s Committee has just issued the Official Letter No. 3601/UBND-DT asking relevant departments and sectors to set up a plan on carrying ut the Resolution No. 04/2017/NQ-HDND dated July 4, 2017 of the Municipal People’s Council.

PM Nguyen Xuan Phuc said the Vietnamese Government will create favorable conditions for Malaysian investors to do business in Vietnam, including solar power development.

The Foreign Investment Agency reported that as of July 20, disbursement of FDI projects was estimated at US$ 9.05 billion, representing a year-on-year surge of 5.8%.

The Vietnamese Government welcomes and pledges to create favorable conditions for Czech companies to do business in Vietnam, particularly in the fields of the Czech Republic’s strength and Vietnam’s needs, such as energy, environment, infrastructure and crystal glassware, Deputy PM and FM Pham Binh Minh has affirmed.

Under Official Letter 6818/VP-KT dated July 20, Hanoi People’s Committee requests city’s agencies to implement plan on pilot project with private capital on improving environment protection models when building new-style rural areas in the 2017-2020 period.

Prime Minister Nguyen Xuan Phuc visited Samsung Electronics Vietnam Thai Nguyen (SEVT) during his working trip to the northern province of Thai Nguyen on July 26.

The Hanoi People’s Committee promulgated Decisions No.4754/QD-UBND, No.4755/QD-UBND, No.4756/QD-UBND and No.4757/QD-UBND on July 20, establishing Truong An, Di Trach, Lai Yen and La Phu Industrial Clusters in Hoai Duc District.

Deputy PM Vuong Dinh Hue on July 25 held a working session with Minister for Foreign Affairs Julie Bishop and visited the Australian Department of Foreign Affairs and Trade (DFAT) InnovationXchange within the framework of his working and official visit to Australia.

According to the Ministry of Planning and Investment (MPI)’s Overseas Investment Agency, Vietnam’s manufacturing and processing industry attracted 12,075 foreign-invested projects with a total registered capital of 180.68 billion USD as of late June.

The Government Inspectorate (GI) has released findings of egregious wrongdoing in the implementation of a number of BT (Build-Transfer) and BOT (Build-Operate-Transfer) infrastructure and environmental projects in Hanoi.

The southernmost province of Ca Mau is calling for investment in two tourism projects worth 1.2 trillion VND (52.7 million USD) in Dat Mui (Cape Ca Mau) tourism area in Ngoc Hien District, and along the Trem River in Thoi Binh District.

The Office of Hanoi People’s Committee sent an Official Letter on July 17 to departments, agencies and sectors requesting them to review dyke construction and improvement projects in accordance with current regulations and standards.

The Mekong Delta province of Tra Vinh is calling for investment in Dinh An economic zone, focusing on technical infrastructure, oil refining, deep seaport, airports, administrative services, education, training, scientific research, cultural exchanges, tourism and entertainment.

The Government Office has just announced the conclusion of the Deputy Prime Minister Trinh Dinh Ding, Head of the Steering Committee on investment in the form of public-private partnership (PPP).