Most Japanese non-refundable official development assistance (ODA) projects in Vietnam have brought high efficiency and helped to improve the living conditions of the local people. This was announced by the Japanese Embassy in Vietnam on April 9. Japan has so far provided a total of US$2,582,000 in non-refundable aid to Vietnam, including US$1,726,011 to north [...]
Industrial zones (IZs) in Hanoi attracted US$30 million in the first three months of this year, 2.5 times higher than the same period last year. The IZ management board has granted investment licences to 8 new projects, including three from foreigners and 5 domestic businesses, and approved 4 additional capital projects. This year, Hanoi aims [...]
Authorities of the northern mountainous province of Lao Cai on April 12 held a reception for a 31-strong business delegation from Yunnan province. The Chinese businesspeople, representing the Economic and Trade Cooperation and Development Association of Yunnan province, operate in various areas including banking and finance, real estate, manufacturing and education. During the meeting, representatives [...]
Vietnam hosts Southeast Asian leaders this week as chair of their 10-nation bloc, shining a spotlight on the political and economic stability that prompted Intel Corp and Toyota Motor Corp. to increase investments, says Bloomberg. Bloomberg.com, one of the most-trafficked financial sites on the web, quoted Nick Jacobs, Intel’s regional spokesman, as saying that Santa [...]
Total pledged foreign direct investment (FDI) of the Vietnamese capital of Hanoi fell 28.57% to US$30 million in the first quarter, according to a statement by Mayor Nguyen The Thao. Between January and March, the city licensed 3,500 businesses, Thao said. The city’s GDP growth expanded 8.7% in the first quarter, driven by industrial production [...]
The Republic of Korea’s (RoK) Posco Group plans to develop a project to produce high-quality hot-laminated steel to serve the shipbuilding and aircraft manufacturing industries in the southern province of Ba Ria-Vung Tau. In October 2009, the group put into operation the first phase of a cold-laminated steel plant in the province, which is considered [...]
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