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 industrial parks are available in every part of Vietnam, mainly Ho Chi Minh City, Hanoi, Binh Duong, Hai Phong, Quang Ngai, and Dong Nai.
The new 15-MW reactor may be located in Lam Dong or Dong Nai provinces.
Until now, cheap labor cost is still one of the factors attracting foreign investors to Vietnam as they still target labor intensive industries that use low-skilled workers.
The deal is expected to be completed by June 2019, for which real estate firm Hanoi Hotel Tourism Development would acquire the stake amount in offer.
The new facility, scheduled to start operation in 2026, is planned to serve diverse needs, such as education, training, radioisotope production and materials sciences.
The first phase of the project is scheduled to be completed in the first quarter of 2019 and become fully operational by the first quarter of 2022, local media reported.
The rise of Vietnam — and other developing countries in Southeast Asia — could intensify competition for new listings among the region’s exchanges.
Experts forecast that foreign investors will continue pouring into Vietnamese firms next year, given the country’s stable macro-economy, hastened administrative reforms and improved investment climate as well as new-generation free trade agreements on the horizon.
This is one reason why Vietnam is the only emerging Asian nation outside of China that received net foreign portfolio inflows in this bear-market year.
In the coming time, Japanese businesses want to be awarded mega projects like the Long Thanh international airport and the North-south expressway.
Lang Co – Canh Duong National Tourism Zone is expected to be one of the major destinations in Vietnam for foreign visitors with resorts, amusement park and international port.
With reforms to further facilitate foreign investment now underway and with the ratification of the CPTPP, inbound investment in particular is expected to accelerate through 2019-2021.
Japanese investors are now aiming to pour US$9-10 billion into Vietnam over the next few years, mostly into infrastructure development and real estate.
The linkage and spillover effect between the FDI sector and the economy in overall have left much to be desired.
Government guarantee for investment risks are considered the topmost concerns for foreign investors when they invest in the country’s transport projects under PPP model.
Despite the EU’s strong will of fostering investments in Vietnam, the inflow from the bloc is still leaving much to be desired.
The International Air Transport Association also estimated that between now and 2020, passenger transportation in Vietnam is expected to rise by 16 percent, and from 2020 to 2030, by 8 percent.
Under the program, each participating company will have access to more than US$500,000 worth of free perks and discounts from twenty 500 Startups partners including Amazon Web Services, Google, and Microsoft.
As the trade war with the US escalates, many investors are withdrawing from China to neighboring countries like Vietnam.
Total is expected to team up with other partners, including Siemens (Germany), Novatek (Russia) and Vietnam’s A&A Technology and Investment Company for the project with a total power-generating capacity of 4,500 MW.