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.
These sectors include two emerging sectors in the form of fintech and e-commerce, and four traditional sectors, including education, green energy, healthcare & pharmaceuticals, transportation & logistics.
The move represents AstraZeneca’s long-term commitment to Vietnam.
Given Vietnam’s investment deficit regarding sustainable development projects, there is a growing need for innovative solutions that open up opportunities for private investment into economically, socially and environmentally sustainable projects.
Swedish companies hope for the soon conclusion of the EU – Vietnam Free Trade Agreement (EVFTA), in turn paving the way for higher trade turnover between Vietnam and Sweden.
Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.
Many Norwegian companies said they are ready to invest in Vietnam as long as the Vietnamese government ensures a fair and equal investment environment.
As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.
The expressway construction is scheduled to be finished in 2025.
The move is part of a broader agreement between Vietnam and Russia to further enhance cooperation in fields of oil exploration, agriculture, education, finance and banking, and nuclear energy, among others.
About 70% of the initial revenue is expected to come from VIP gamblers, but Suncity is confident Vietnam’s economy is strong enough to bring in more mass gamblers.
The Ministry of Planning and Investment (MPI) proposed to set an investment capital threshold for PPP projects at VND200 billion (US$8.56 million).
Over US$1.6 billion was poured into Vietnam’s private equity market, up 285% year-on-year.
The 11 projects are estimated to cost a total of VND118 trillion (US$5.04 billion), of which VND55 trillion (US$2.35 billion) in state capital would serve as investment funds for three public investment projects, and counterpart funds for the other eight projects.
SK Group registered to purchase Vingroup’s 154.3 million shares through private placement and others 51.4 million shares from Vingroup’s retail arm VinCommerce.
A domestic retailer would acquire Auchan’s business in Vietnam, of which the take-over process is scheduled to start in early June.
Vietnam expects to speed up the privatization process which has been at slow pace over the past years.
Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment.
In Vietnam, the gender financing gap is estimated by the International Finance Corporation to be at US$1.19 billion.
A stronger focus on the quality of the foreign investment inflow is even more urgent when its links with and the spillover effects on domestic industry fall short of expectations.
The project will be implemented through the public-private partnership (PPP) format.