Since its implementation of the open door policy in 1986, the government of Vietnam has been encouraging foreign investment by creating a favorable legal environment (Foreign Investment Law 1988) and infrastructure. The country’s first export processing zone came out in 1991. Since then, a series of industrial, export processing, hi-tech and economical zones have been [...]
Geographic location and territorial shape of Vietnam has profound impact on the formation and development of the country’s transport and communication system. Beside certain advantages, its current infrastructure is rather limited, which requires proper investment. Road Vietnam’s total length of roads is 220,000km including 17,300 km of over 90 national highways, 21,760 km of provincial [...]
Post The public post network is set up, managed and developed under the strategy, scheme and plan approved by the authorized State agency. The network includes major centers, post-offices, service outlets, and public post-boxes connected with each other through mail lines. Statistics show that currently Vietnam has about 3,000 permanent post units managed by post [...]
Finance – Banking Vietnam banking system has been increased both in scale and quantity over the last few years. The number of banks has increased from 9 (including 4 state commercial banks, 4 joint stock commercial banks and one joint-venture bank) in 1991 to 80 (including 5 state commercial banks, 37 joint stock commercial banks, [...]
Vietnam’s electricity system develops in the direction of exploiting specific resources typical in each region. With hydroelectricity available across the country, it has supplied the greatest amount of electricity since the end of the 1980s. Thermal electricity use coal to supply the North with coverage capacity. Thermal power plants using offshore gas have been built [...]
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