Bài đăng

Hiển thị các bài đăng có nhãn Foreign invest in Vietnam

Why Binh Duong – Highlight of Attracting FDI

Hình ảnh
Binh Duong is a potential destination in Vietnam for foreign corporation to  set-up business  and manufacturing facility. According to the latest data of the Department of Planning and Investment of Binh Duong Province, in the first 11 months of 2015, this province has attracted 1.823 billion USD FDI capitals, reaching 182% of the annual plan, increase by 19% over the same period in 2014. With this result, Binh Duong occupies the 4th position in the country in attracting FDI and continues to assert as a “hot address” in attracting investment in the Southern key economic zone. Most recently, in November 2015, Binh Duong province has granted the investment registration certificate for the project Kocham Tower with a total investment of 2 million USD to build the office building, culture school, Korean cuisine restaurant… This project comes from the idea of Association of Korean businesses in Binh Duong in which they want to have working place near the company’s factory and the provincial

Visit to Vietnam of the British Prime Minister

Hình ảnh
  British Prime Minister Mr. David Cameron visited Vietnam in two days 29 – 30th July 2015, promoting British companies to seek  business venture in Vietnam. Mr Cameron visit Vietnam to discuss measures and orientations to further deepen the strategic partnership between UK and Vietnam, which was established since 2010. Among the Southeast Asian countries that the British Prime Minister visits this time, Vietnam is the only country that Mr. Cameroon visits both two big cities Hanoi and Ho Chi Minh City. British Prime Minister, Vietnam Prime Minister, General Director of Vietnam Airlines Mr. Pham Ngoc Minh and President of Rolls-Royce Mr. Tony Wood come to visit the Airbus 350 at Noi Bai International Airport. The two Prime Ministers witnessed the signing of cooperation agreement between Vietnam Airlines and Rolls Royce Group for aircraft engine maintenance according to flight times for 14 A350 XWB aircrafts, worth 340 million pounds. Prime Minister Mr. Nguyen Tan Dung affirmed that the

Vietnam Supports Australian Enterprises Investing and Setting-up Business in Vietnam

Hình ảnh
During an official visit to Australia, in the morning of March 17th (local time), in Sydney, Prime Minister Nguyen Tan Dung and high-level delegation to the Government of Vietnam had the dialogue with the businesses of Vietnam and Australia’s on the development of Vietnam’s economy as well as the opportunities, prospects for cooperation between the two countries. The dialogue of Prime Minister Nguyen Tan Dung has attracted the participation of hundreds of large enterprises of Vietnam and Australia in the areas of banking, finance, energy, oil and gas, mining. Prime Minister Nguyen Tan Dung has directly answered many questions of the businesses, Australian investors relating to prospects, opportunities to promote and enhance the intrinsic comprehensive partnership between Vietnam and Australia. Prime Minister Nguyen Tan Dung has generalized the development of Vietnam’s economy from an underdeveloped country with a closed economy and until now Vietnam has become a middle-income country w

Vietnam is Increasingly Attracting Capital from the US

Hình ảnh
  Vietnam is taking every opportunity to grow its economy and improve the living standard. This is not a vain dream since Vietnam has young and plentiful work force. That is why multinational companies wish to come and  set up company in Vietnam . The year 2015 marked the 40 years since the war end and the 20 years of normalized the relationship between Vietnam and the US. Vietnam began the process of innovation since 1986 but not until 1995, foreign investment in Vietnam began to flow in when the Government established formal diplomatic relations with the United States and joined the National Association of the South East Asia (ASEAN). In recent years, foreign investment in Vietnam has accelerated. The Korean company is particularly excited with this market. Samsung Electronics is operating and building three plants at three locations – Ho Chi Minh City, Thai Nguyen and Bac Ninh. In total, this giant electronic corporation has poured more than USD 10 billion in Vietnam. Vietnam is als

RCEP Helps Vietnam Accelerate Investment Attraction

Hình ảnh
  Together with ASEAN countries, Vietnam absolutely have the opportunity to become a hub to attract foreign investment in Vietnam, especially from countries participating in the Regional Comprehensive Economic Partnership (RCEP). Finally, the RCEP was signed after 8 years of negotiations. Although it still has to wait a while for the 15 member countries, including 10 ASEAN member countries and 5 partners (including China, Japan, Korea, Australia and New Zealand) to approve, the assessment of the impact of the RCEP on the Vietnamese economy has been repeatedly confirmed. The rules of origin procedures in RCEP bring significant advantages to Vietnam, whose economy is heavily dependent on imported materials. Vietnam is having a large trade deficit from Korea, China on raw materials for export production and it is always difficult for the origin of goods when exporting to many major markets around the world. With RCEP, it is reported that Vietnamese enterprises can more easily access raw m

The Wave of New Technology Companies Wants to Choose Vietnam as The Destination

Hình ảnh
  After the wave of technology companies pouring capital into Vietnam 10 years ago, there seems to be a wave of new technology companies wanting to choose Vietnam as their destination. Last weekend, LG (Korea) went to Dong Nai to seek investment opportunities in items related to digital transformation and building smart cities in this province. According to representatives of LG, the Group is cooperating with a number of major corporations in the world to produce and supply 4.0 technology to deploy large smart city projects for some countries around the world. Dong Nai is implementing smart city project, so LG Group wants to participate in some categories, such as smart industrial parks, smart transportation, smart health care, smart factories, smart logistics… Funding to implement a smart city is about 15,000 – 20,000 billion VND. Even as LG, after making its mark with the production complex of electronics, home electronics in Hai Phong (including 3 factories LG Electronics, LG Displa