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In order to make it more favourable for investors to do business in Vietnam, the government has been making great efforts to improve the country’s business and investment climate.
A new policy on the attraction of foreign direct investment (FDI) must also include an approach for fostering Vietnamese businesses, says Nguyen Thi Tue Anh, deputy director of the Central Institute of Economic Management.
Vietnam has attracted some 26,600 foreign direct investment (FDI) projects with total registered capital of US$334 billion over the past 30 years. Of the total pledged capital, US$184 billion has been disbursed.
The HCMC government will not use the capital advanced by Vingroup to execute a project to upgrade the flood-prone Nguyen Huu Canh Street connecting District 1 and Binh Thanh.
Nguyen Hoang Group and CV9 community football academy, founded by former captain of Vietnam’s national football team Le Cong Vinh, have launched a cooperation programme to provide professional football training courses for students.
Military team players shone at the National Table Tennis Championship, which concluded in the Central Highland province of Dak Lak on October 2.
Cyclists will pedal through Vietnam, Laos and Cambodia in the upcoming Nam Ky Khoi Nghia (NKKN) cycling tournament, VOH Cup, the event’s organising board has announced.
VietNamNet Bridge - Vietnam has opportunities to boost exports and attract investment, but will face big challenges because of the escalating US-China trade war.
Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at VND100,000 (US$4.28) per share for a total consideration of $470 million.
Around 3,000 fires were reported across Vietnam in the first nine months of this year, killing 73 people, according to the Fire Prevention, Fighting and Rescue Police Department.
Liquidity in the banking system has improved in the past week, pushing the State Bank of Viet Nam to make a net withdrawal of over VND13.6 trillion (US$581.2 million).
New data from the Business Climate Index (BCI) of the European Chamber of Commerce in Viet Nam (EuroCham) shows European companies are more optimistic about doing business in Viet Nam.
Viet Nam will institute new policies designed to attract foreign direct investment (FDI) by boosting the development of local companies and setting up value chains driven by advanced technologies.
Small- and medium-sized enterprises (SMEs) in Viet Nam have made technology their top investment priority to ensure growth, according to the ASEAN SME Transformation Study.
The new restriction on banks of using only 40 percent of their short-term deposits for long and medium-term loans should not take effect next year, the Ho Chi Minh City Real Estate Association (HoREA) has said.
More than 8,000 runners will compete in the sixth Ho Chi Minh City Marathon, which is scheduled to kick off on January 12, 2019.
Hanoi is working on gradually digitising the household registration books of over 7.6 million residents, a move to simplify administrative procedures related to residence management.
Vietnam’s aquatic products are forecast to bring home 9 billion USD from exports in 2018, up 7 percent from the previous year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese football-lovers will have a chance to directly cheer the national U23 team at the 2020 Asian Football Confederation (AFC) U23 Championship qualifier as the country was recently trusted to host marches of the group that the team will be in.
An international conference was held in the Mekong Delta city of Can Tho on October 3 to discuss ways to improve the value of shrimp by-products in Vietnam.