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Filipino businesses keen to enter VN’s market

A delegation of Filipino businesses that operate in processed food, confectionary, dried fruit, mining and cosmetics are visiting HCM City from July 4-5 to boost trade relations with Vietnamese partners. At a trade exchange between both business communities on July 4, Bui Thi Thanh An, Deputy Head of the Trade Promotions Department at the...

Posted date: Thu, 05 Jul 2012 - From: Investment News

FDI inflows show signs of improvement

Healthy foreign direct investment inflows in the past six months has reinvigorated hope that Vietnam will reach the $11 billion disbursement target for 2012. Foreign investors pumped $890 million into Vietnam last month, raising total disbursed foreign direct investment (FDI) in the last two quarters to $5.4 billion, up 1.9 per cent on-year,...

Posted date: Tue, 03 Jul 2012 - From: Investment News

Investment increase tipped

Restructuring and privatisation programmes of State-owned enterprises (SOEs) would open new opportunities for foreign direct investment inflows in Viet Nam. This was one of recommendations heard at the launch ceremony of the Viet Nam Industrial Investment Report (VIIR) 2011 and Introduction of the Viet Nam Investment Monitoring Platform...

Posted date: Tue, 03 Jul 2012 - From: Investment News

Deputy PM seeks greater Japan trade

Despite the fact that bilateral trade between Vietnam and Japan reached 21 billion USD in 2011, there is still room for further growth, Deputy Prime Minister Nguyen Xuan Phuc said on July 1 during his meeting with Japanese Prime Minister Yoshihiko Noda. Noda expressed to his gratitude for the support and aid the Vietnamese people had given to...

Posted date: Mon, 02 Jul 2012 - From: Investment News

VN eyes Hong Kong potential

HONG KONG — Viet Nam and Hong Kong have great potential for tourism and investment co-operation, Deputy Minister of Culture, Sports and Tourism Le Khanh Hai told a conference in Hong Kong on Wednesday. During the event, designed to introduce Viet Nam's tourist attractions, Hai said Viet Nam had developed at an incredible pace over the last 20...

Posted date: Sat, 30 Jun 2012 - From: Investment News

Vietnam promotes investment and tourism in Hong Kong

A seminar was held in Hong Kong on June 27 by the Ministry of Culture, Sports and Tourism (MCST), Vietnam Consulate General and Enigma Group, to introduce Vietnam’s tourism and attract investment in Hong Kong. Consult General to Hong Kong and Macao Nguyen Thi Nha said bilateral relations between Vietnam and Hong Kong have developed well in...

Posted date: Thu, 28 Jun 2012 - From: Investment News

Binh Duong province attracts $2Bln FDI in H1/2012, up 100% year target

Binh Duong province licensed 51 new foreign direct investment (FDI) projects with a total of $1.42 billion in the first six months of this year, and 57 project expansions worth $664 million, said the province’s Statistics Department. Meanwhile new registered businesses in the province in the first half were 780 and business expansions were...

Posted date: Thu, 28 Jun 2012 - From: Investment News

Vietnam, Algeria foster business links

Nearly 40 enterprises from Vietnam and Algeria joined an online business forum in Hanoi on June 26 to boost bilateral trade ties. The event was co-organized by the Ministry of Industry and Trade and the Vietnamese embassy in Algeria. The online forum was arranged to increase trade cooperation between the two countries and promote Vietnam’s...

Posted date: Wed, 27 Jun 2012 - From: Investment News

FDI disbursements surge by 2 percent

Disbursement of foreign direct investment (FDI) experienced a modest increase of 2 percent during thefirst six months of this year, reaching 5.4 billion USD, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). However, new FDI registered in the country slumped significantly during the period as only 452 new...

Posted date: Wed, 27 Jun 2012 - From: Investment News

Industrial parks see falling investment

Total investment capital in industrial parks and export processing zones reached US$202.29 million as of June 10, a drop of 38.35 per cent compared to the same period last year, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA). Of that amount, FDI capital was $75.84 million, a drop of 59.45 per cent over the...

Posted date: Wed, 27 Jun 2012 - From: Investment News

City sees multiple business closures at IPs, EPZs

Persistent woes at home and abroad have forced many enterprises at the HCMC-based export processing zones (EPZs) and industrial parks (IPs) to stop operations. At a press briefing last Friday, Nguyen Tan Dinh, deputy head of the HCMC Export Processing Zones and Industrial Parks Authority (HEPZA), said 90 businesses at the IZs and EPZs in the...

Posted date: Tue, 26 Jun 2012 - From: Investment News

HCM City seeks FDI for transportation infrastructure projects

Ho Chi Minh City is calling for foreign investment into 17 infrastructure projects, most of aim to develop the city’s transport system. Key projects estimated to cost billions of dollars include the Sai Gon-Cho Lon-Mien Tay Bus Station metro route, the Nguyen Van Linh-Thu Thiem and Go Vap junction-Quang Trung Software Park-Tan Thoi Hiep...

Posted date: Tue, 26 Jun 2012 - From: Investment News

Private sector to access ODA capital

Private enterprises would likely have access to loans from official development assistance (ODA) sources under a new plan from the Ministry of Planning and Investment, according to a report from the Lao Dong newspaper. The ministry’s move is part of a draft decree that makes adjustments to the existing Decree No.131 that was issued in 2006 on...

Posted date: Tue, 26 Jun 2012 - From: Investment News

JICA enforces intellectual property rights

The Ministry of Science and Technology (MoST) and the Japan International Cooperation Agency (JICA) have signed recently a record of discussion to strengthen the enforcement of intellectual property rights in Vietnam. This marks the third project in the field of intellectual property that the Japanese government has granted to Vietnam so...

Posted date: Tue, 26 Jun 2012 - From: Investment News

Ho Chi Minh City sees massive IPs, EPZs closure

Financial distress, low demand have forced many enterprises at the HCMC-based export processing zones (EPZs) and industrial parks (IPs) to shut down business or suspend operation. As many as 90 enterprises at the HCMC-based export processing zones (EPZs) and industrial parks (IPs) have to shut down business or suspend operation or scale down...

Posted date: Tue, 26 Jun 2012 - From: Investment News