Vietnam a priority market for US firms

Suresh Kumar thinks Vietnam and the US have yet to see the best of their investment and trade relationship. Looking back on the past ten years, the US Assistant Secretary of Commerce said there had been a lot of progress in the “special” relationship. When bilateral trade agreement between the two countries was established in [...]

Japanese, South Koreans take new move to advance towards Vietnam

The moves taken by Japanese and South Korean investors show that they are planning to make heavier investments in Vietnam, both through direct investment projects and merger and acquisition (M&A) deals. Japanese making a new investment wave Yoshida Sakae, Managing Director of the Japan External Trade Organization (JETRO) in HCM City, told Thoi bao Kinh [...]

UK businesses seek investment opportunities in Vietnam

(VOV) – Many UK businesses and Vietnamese experts gathered at a seminar in Liverpool on September 21 to promote trade and investment in Vietnam. The seminar was held by the Vietnamese Embassy in the UK and Northern Ireland, the Liverpool Chamber of Commerce and the UK Trade and Investment (UKTI). UKTI trade adviser Peter Thompson [...]

Hanoi attracts nearly US$1 billion of FDI in nine months

(VOV) – Hanoi attracted US$999.6 million of FDI in the first nine months of 2011, a three-fold increase over last year’s period, said the City Statistics Office. Of the total, US$494 million was registered by 190 newly-licensed projects, while the rest was poured into 49 ongoing projects. Major projects include a wastewater treatment project invested [...]

Management over FDI projects Tightened

Prime Minister Nguyễn Tấn Dũng has released a directive requesting tougher management of FDI projects nationwide. The Directive aims to improve the quality and efficiency of FDI projects in accordance with the Socio-Economic Development Strategy for 2011-2020 and prioritizes projects which apply state-of-art and environmentally-friendly technologies. The FDI projects have to effectively utilize natural resources, [...]

Vietnam PM urges tighter controls on foreign projects

Prime minister Nguyen Tan Dung urged ministers, heads of government agencies and chairmen of provincial and municipal People’s Committees to strengthen and tighten their management of foreign investment. Investment licences were being granted to foreign investors that were inconsistent with government planning – particularly for such projects as golf courses, plantationof forests, steel production and [...]

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