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.
In addition to public investment funds, it is essential for Vietnam to attract foreign capital for socio-economic development.
Up to 55% of German companies in Vietnam intend to expand their activities in Vietnam in the next 12 months, higher than an average of 44% in Southeast Asia.
The influx of multinational corporations into Vietnam will help the country become more attractive to many other foreign components suppliers and solidify its position as a global manufacturing hub.
Part of the money raised would be used to construct Vietnam Exhibition Fair Center with investment capital of US$249 million, a mall and housing project in downtown Hanoi costing US$177 million.
Vietnam would continue to create favorable conditions for South Korean companies to do business in the country.
The US tech giant is believed to ask its major suppliers to evaluate the cost implications of shifting 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain.
First and foremost, Vietnam needs to declare its official ambitions and targets for offshore wind, according to DNV GL.
The Mekong Delta region is facing bottlenecks in development, especially in transportation, while there have been greater risks in climate change that require immediate measures.
As of 2018, Vietnam has become one of the largest beneficiaries of ODA funds, receiving a total of US$80 billion.
To date, JG Summit has invested US$200 million in Vietnam, employs 3,000 people and exports 50% of its products manufactured in Vietnam.
Vietnam is gearing up urbanization process which is considered one of the driving forces for the country’s growth.
Vietnam’s Prime Minister Nguyen Xuan Phuc stressed the importance of having Samsung’s R&D center at world scale in Vietnam, indicating the South Korean conglomerate’s commitment to long-term business in the country.
The project is expected to come operational from late 2022.
Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects.
China took the lead among 88 countries and territories investing in Vietnam with US$7.6 billion in the first five months of this year.
According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.
However, the inflow may not be big as investors still concern about trade wars and other global uncertainties.
Vietnam’s property market continues to expand, both in new developments and secondary sales. A growing middle class and a demand for affordable homes should continue to drive strong market growth for the foreseeable future.
Hanesbrands production bases in Vietnam account for 26% of the company’s total production output and its exports from Vietnam reach US$400 million in 2018.
Covered warrants will be an alternative technical tool as foreign investors are not limited to buy the securities product and can freely trade it as domestic investors do.