Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media
Ease of doing business in vietnam
Foxconn unit receives business license for $270 mln Vietnam plant
The Taiwanese electronics contract manufacturer has so far invested $1.5 billion in Vietnam and created jobs for more than 35,000 workers and the company, formally known as the Hon Hai Precision Industry Co., plans to raise its investment by $700 million and recruit 10,000 more local workers this year, the government said. … [Read more...] about Foxconn unit receives business license for $270 mln Vietnam plant
Quang Binh asked to improve business environment to lure more investors
Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors
VIETNAM NEWS JANUARY 18
A mangrove forest in Ca Mau province - Illustrative image An environment monitoring project for mangrove aquaculture (AQUAM) in Ca Mau was kicked off on January 15 by the Mekong Delta province's Department of Agriculture and Rural Development, Australia’s University of Queensland and the Greenfield Consulting and Development Ltd (GFD). … [Read more...] about VIETNAM NEWS JANUARY 18
Civic body frees 38 businesses from its licence raj
The city’s hotel associations like the Indian Hotel & Restaurant Association (AHAR), National Restaurant Association of India (NRAI) and the Hotel and Restaurant Association (Western India) (HRAWI) had made a representation to Municipal Commissioner Ajoy Mehta two months ago, seeking simplification of permissions from the Building and Factory department. The same has been approved by the civic chief. … [Read more...] about Civic body frees 38 businesses from its licence raj