Prime Minister calls on China to pilot border economic cooperation zone
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
There is always a possible link between investment activities and espionage, as any country in the world would jump at the opportunity to acquire valuable information for their own interest.
The proposed investment is the latest example of a top-notch regional brand deepening its commitment to Vietnam, one of Asia’s fastest growing economies.
Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.
The Australian leader expressed his gratitude and pride as several Australian enterprises are jointly working, supporting and providing consultancy for the host city of the F1 Vietnam Grand Prix.
Having started operations in 2017, the 39.4-megawatt Dam Nai Wind facility is one of the first wind power projects in Vietnam to have been successfully brought online.
Airports Corporation of Vietnam (ACV) reported runway 07L/25R at Tan Son Nhat airport and runway 11R/29L (1B) at Noi Bai airport are seriously damaged due to overuse.
The Politburo sets target for FDI commitments in the 2021 – 2025 period at US$150 – 200 billion, averaging US$30 – 40 billion per year, and disbursement of US$100 – 150 billion during the period.
With a total investment of VND4.7 trillion (US$202.3 million), the airline plans to add six planes on average per year to expand its fleet to a total of 36 by 2025.
The EVFTA will help Vietnam improve the quality of foreign investment, attracting more capital in a number of industries in which the EU is strong such as processing and manufacturing, hi-tech applications, clean energy and financial services.
The years of 2018 and 2019 have seen a new wave of Vietnam’s startups that raised US$50 million to $US100 million rounds for the first time. If this trend progresses, it is expected more Vietnamese companies would approach the US$0.5 billion and eventually US$1 billion valuation mark in the years to come.
The disbursement of domestic capital in the January – July period reached 35% of the year’s plan, while that of foreign capital was much lower, at 8.6%.
The plant would cover an area of 300 hectares with production capacity of 1.5 million tons of ferrochrome carbon per year in phase 1, as well as one million tons of stainless steel and one million tons of non-ferrous metals per year in phase 2.
Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers.
John Chong, CEO of Maybank Kim Eng, said in order to take advantage of the shifting of FDI inflow from tech firms, Vietnam must make investments to improve its labor force and infrastructure.
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 benchmark Ho Chi Minh Stock Index has climbed 9.7% so far this year through yesterday’s close, the most among Southeast Asian markets and outpacing the 0.8% rise in the MSCI AC Asean Index.
Foreign investors are keen on Vietnamese firms that operate in many sectors, from banking, finance, consumer goods, food, textile and realty to pharmacy, IT and education.
This is the first move of Vietnam Airlines to explore the Vietnam – US aviation market as well as promote outbound travelers to the US using flights operated by Vietnam Airlines.
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.