chinese investment in vietnam
Latest News about chinese investment in vietnam
The Chinese Government has provided nonrefundable aid of 10 million Chinese yuan (US$1.4 million) for a feasibility study for the Lao Cai-Hanoi-Haiphong express railway project, according to the Ministry of Transport.
Chinese investors are pouring money ino Vietnam as a shelter from the US-China trade war.
Chinese companies are accelerating investment in Vietnam – but some local businesses are voicing concerns.
Local authorities in Quang Ninh Province has just suspended the construction of a textile factory project of China’s Texhong Co., Ltd. as they failed to complete legal procedures.
National Assembly deputies have raised their concerns about the potential risks of soaring Chinese foreign direct investment inflows into Vietnam.
China is now not only Vietnam’s largest trade partner but also its largest foreign investor as it poured US$723.1 million into the country in the first quarter of the year, according to the General Statistics Office.