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.
Vietnam has several advantages over other countries in the region in competing for high-value FDI.
The list includes some major real estate projects in the capital.
Hanoi has accumulated about US$69.844 billion in foreign direct investment, ranking second in the country.
The most effective competitive advantage for Vietnam's economy is creating a favorable business investment environment free of legal barriers.
Hospitality properties have long been considered a lucrative and long-term profitable investment for real estate investors operating in Vietnam.
Vietnam is considered the country that has improved the most in promoting a fair, transparent, and favorable business environment.
With FDI accounting for more than 70% of exports, Vietnam has successfully transformed over time into an export-driven and FDI-reliant economy.
Hanoi and JICA are willing to fix problems with local ODA projects.
The Prime Minister called for further investment from Belgian enterprises in Vietnam, especially in emerging sectors such as digital transformation, innovation, green transformation and circular economy.
An additional international airport would be built to serve the capital city and the country's northern region.
The US$469-million Xuan Cau Industrial and Non-Tariff Cluster is located at Lach Huyen Deep Sea Port in the northern port city of Haiphong.
Boeing is committed to long-term investment in Vietnam in support of the development of the country's aviation industry.
The Prime Minister has set up five task forces to facilitate the disbursement.
It is expected to help ease the pressure on the country's petroleum supply.
The city continues to lead the nation in attracting foreign direct investment (FDI).
Vietnam has set a goal to increase the contribution of the green economy to GDP from $6.7 billion in 2020 to $300 billion by 2050.
The World Bank would share experience and enhance capacity building to help Vietnam establish the necessary regulatory framework and implement projects that promote sustainable development.
Strengthening cooperation and trade promotion between Vietnam and South Korea is a key priority to achieve the goal of US$100 billion in bilateral trade turnover by 2023.
The total estimated investment for the entire project is approximately US$58.71 billion.
Vietnam said the fund is useful for its digitalization and green transition which are key to the realization of the 2050 net zero commitment.