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.
The city would include an addition of 1,000 hectares into planning for industrial parks, targets to maintain the contribution rate of 27 – 28% to the state budget and GRDP growth rate of 8.3 – 8.5%.
Currently, the equity firm has five investment projects in Vietnam, two of which are in the field of finance.
The city is committed to creating a favorable investment environment of international standards.
The first phase will have 40 megawatts in capacity with an estimated cost of US$92 million, which can be expanded to 170 megawatts (MW).
As the domestic capital market is underdeveloped, Vietnamese banks are in dire need of foreign capital to meet Basel II standards by 2020 as required by the central bank.
Vietnam is emerging as a preferred destination for companies looking to resettle production because of tariff concerns emerged from the US – China trade friction.
The business forum is an effort of the Indonesian embassy in Hanoi to promote trade between Vietnam and Indonesia in line with the target of reaching the two-way trade turnover of US$10 billion by 2020.
Impressive economic growth after more than three decades of opening up, growing affluent class and purchasing power are factors behind the fresh investment wave from Sweden.
Vietnam`s high and steady economic growth in the past years has strongly drawn foreign capital and investment in local firms, considered as the shortest way for foreign investors to enter the Vietnamese market.
The majority of Japanese official development assistance (ODA) to Vietnam goes to infrastructure projects.
Carlsberg, which currently holds a 17.34% stake in Habeco, has the right of first refusal for any stake sale from the Hanoi-based beer company, expressed interest in raising the stake, but discussions have dragged for years.
American companies are inserting Vietnam into the global supply chain, while creating quality jobs and helping the country become more productive and efficient.
The farms, located in Thanh Hoa, Binh Phuoc, and Binh Dinh provinces, will produce 930,000 pigs in total every year, with construction to be completed by 2021.
Shifting production is expected to boost LG’s annual capacity of its smartphone plant in Vietnam by 83% to 11 million handsets from the second half of 2019.
With an offering price of VND120,000 (US$5.14) per share, Taisho was expected to part away with at least VND2.47 trillion (US$105.84 million) to complete the deal.
With the expansion, Noi Bai International Airport will be able to serve 100 million passengers a year by 2030.
There are now over 40 enterprises involved in automobile assembly and production in Vietnam and most of them are of small and medium size, with designed capacity of producing and assembling about 800,000 vehicles a year, but they are producing below the designed capacity.
CP Foods will invest more than US$200 million to create an export hub for its poultry and pork business, which is equal to more than 25% of the total invested by Thai companies between 2015 and 2017.
Vietnam has huge needs for airport infrastructure development.
Both Platinum Victory and F&N Dairy Investment are in a race to increase their respective holdings at Vinamilk.