Vietnam draws increased foreign investment

Vietnam draws increased foreign investment

(VEN) - Vietnam has become an increasingly attractive destination for foreign investors amid unpredictable fluctuations in the global economy.
Transparency needed to attract Fortune-500 firms

Transparency needed to attract Fortune-500 firms

(VEN) - Vietnam is fully capable of attracting the largest Fortune-500 corporations if the country exploits its potential and makes good use of opportunities. Nguyen Van Toan, deputy chairman of Vietnam’s Association of Foreign-Invested Enterprises, talked about the issue with Vietnam Economic News’ Nguyen Hoa.
Hanoi industrial zones draw foreign capital

Hanoi industrial zones draw foreign capital

(VEN) - The Hanoi Industrial and Export Processing Zones Authority plans to establish a new industrial zone and complete investment procedures for other industrial zones and high-tech parks in the second half of 2022.
Changes required for Vietnam to lure more foreign capital

Changes required for Vietnam to lure more foreign capital

(VEN) - Vietnam has done well in attracting foreign direct investment (FDI), but the country needs to make changes to lure more high-quality foreign capital.
Son La Province enhances capital disbursement

Son La Province enhances capital disbursement

(VEN) - The Industry Promotion Center of the northern mountainous province of Son La is accelerating the disbursement of capital allocated for industry promotion projects in the province.
Foreign investors expand retail industry

Foreign investors expand retail industry

(VEN) - Many foreign retail groups have announced plans to expand their investment in supermarket chains and convenience stores in Vietnam.
Red River Delta attracts logistics investment

Red River Delta attracts logistics investment

(VEN) - Localities in the Red River Delta have been attracting growing investment in logistics facilities, transport infrastructure, warehousing and port services catering for import-export activities.
Officials urge greater state investment in industry promotion

Officials urge greater state investment in industry promotion

(VEN) - State capital for industry promotion remains modest, while funding for industry promotion in general has decreased considerably due to COVID-19 over the past two years.
KOTRA Hanoi holds over 40 meetings between Vietnamese and RoK firms

KOTRA Hanoi holds over 40 meetings between Vietnamese and RoK firms

On June 9, KOTRA Hanoi held over 40 meetings between Vietnamese companies and enterprises from the Republic of Korea (RoK).
Vietnam’s renewable energy sector lures foreign investors

Vietnam’s renewable energy sector lures foreign investors

(VEN) - Vietnam’s goal of raising renewable power sources to 45 percent of the national power generation capacity by 2030 requires US$14 billion, offering opportunities for both domestic and foreign investors.
FDI companies prove resilient during pandemic

FDI companies prove resilient during pandemic

(VEN) - Foreign-invested companies have demonstrated resilience despite the heavy impact of the COVID-19 pandemic.
Transparency needed to draw power industry capital, officials say

Transparency needed to draw power industry capital, officials say

(VEN) - According to experts, in order to attract strong investment in the power industry, Vietnam needs to put in place a competitive electricity market with transparent prices and perfect mechanisms to facilitate an effective investment environment.
FDI – bright spot of Vietnam’s economy amid COVID-19

FDI – bright spot of Vietnam’s economy amid COVID-19

Foreign investment is the silver lining in Vietnam's economic picture amid the adverse impacts of the COVID-19 pandemic on the national and global economy, said President of the Vietnam Association of Foreign Invested Enterprises (VAFIE), Nguyen Mai.
Vietnamese enterprises expand cooperation with foreign partners

Vietnamese enterprises expand cooperation with foreign partners

(VEN) - Growing cooperation in production and supply development between domestic and foreign-invested enterprises (FDI) not only improves the competitiveness of domestic enterprises, but also helps them accumulate experience and master technologies for sustainable development.
Hau Giang Province expands industrial zones to meet demand

Hau Giang Province expands industrial zones to meet demand

(VEN) - The Hau Giang Province Department of Industry and Trade has drafted a long-term industrial zone (IZ) development plan to shift production facilities from residential areas to IZs and minimize environmental pollution.
Craft village development facilitated

Craft village development facilitated

(VEN) - Industry promotion programs have spent a considerable amount of capital to help craft villages develop production and expand markets.
An important factor in attracting FDI

An important factor in attracting FDI

(VEN) - Although Vietnam is considered an attractive investment destination, in order to attract sustainable foreign direct investment (FDI) flows, the country needs to focus on developing a green economy, with reduction of greenhouse gas emissions.
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Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Reed Tradex Vietnam, the ASEAN's leading exhibition organizer announced the kick-start of Vietnam Manufacturing Expo (VME) & NEPCON Vietnam exhibition 2023.
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Visa exemption means int'l tourists can visit Phu Quoc for up to 30 days

Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a populous and rich nature, and impressive architecture.
Emirates unveils new signature livery for its fleet

Emirates unveils new signature livery for its fleet

The distinctive livery of the world’s largest international airline, Emirates, has undergone a refresh.
Bamboo Airways to launch Viet Nam’s longest domestic air route from April

Bamboo Airways to launch Viet Nam’s longest domestic air route from April

On April 29, Bamboo Airways will launch an air service between the capital city of Ha Noi and the southernmost province of Ca Mau, making it the longest domestic route served by a local carrier.
Việt Nam carries out measures for healthy forests

Việt Nam carries out measures for healthy forests

At a forum on the International Day of the Forest yesterday in Hà Nội, Phạm Hồng Lượng, chief of office of the General Department of Forestry, stressed the importance of raising awareness about the role of forests in human life to work together in forest protection and sustainable forest exploitation.
festivals in sapa

Festivals in Sapa

(VEN) - Sa Pa Town in the northern province of Lao Cai celebrates the 120th anniversary of its tourism this year with a series of special events, including a spectacular art program introducing the history of the Sa Pa national tourist area and its attractive and unique tourism products, as well as its targets in the future.
50th anniversary of vietnam belgium diplomatic relations

50th anniversary of Vietnam-Belgium diplomatic relations

Vietnam and Belgium have experienced a 50-year partnership marked by sound friendship and fruitful cooperation.
amazingly beautiful ninh thuan

Amazingly beautiful Ninh Thuan

(VEN) - The south central coastal province of Ninh Thuan is renowned for its beautiful, pristine beaches and vast white salt fields. Visitors are recommended to travel to the province from April to June to enjoy their summer vacations, and from August to October when the grape-harvesting season falls and unique local festivals of the Cham people take place.
tra fish exports hold promise after china reopens borders

Tra fish exports hold promise after China reopens borders

Tra fish exports are expected to recover shortly with China gradually reopening its borders.
lao cai province welcomes first chinese tourists after three years

Lao Cai Province welcomes first Chinese tourists after three years

Eighty Chinese tourists entered Vietnam via the Lao Cai International Border Gate on March 15 afternoon, marking the return of Chinese travellers to the northern mountainous province of Lao Cai after a three-year hiatus caused by the COVID-19 pandemic.
Animal feed industry asks for import tax reduction on raw materials

Animal feed industry asks for import tax reduction on raw materials

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.
Over 250 petitions submitted to authorities on fragility of petroleum regulations

Over 250 petitions submitted to authorities on fragility of petroleum regulations

The petitions concern the alteration of petroleum business restrictions in decrees No.83/2014/ND-CP and No.95/2021/NQ-CP, resulting in losses for retail establishments.
New legal documents in second half of February 2023

New legal documents in second half of February 2023

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Companies allowed to make bond payments with other assets

Companies allowed to make bond payments with other assets

Companies shall be allowed to make bond payments with other assets, according to the Government's recently-released Decree 08/2023/ND-CP issued.
Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Reed Tradex Vietnam, the ASEAN's leading exhibition organizer announced the kick-start of Vietnam Manufacturing Expo (VME) & NEPCON Vietnam exhibition 2023.
Offshore wind energy an essential base load power source: official

Offshore wind energy an essential base load power source: official

Offshore wind energy has great potential to contribute to the energy security goals of Việt Nam, according to deputy head of the Party Central Committee's Economic Commission Nguyễn Đức Hiển.
Uncorking bottlenecks for support industry development

Uncorking bottlenecks for support industry development

(VEN) - Vietnam is mulling legislation to boost the low localization rate of its industrial production and means to modernize its support industries and increase their participation in the local and foreign value chain.
Da Nang greens textile-garment industry

Da Nang greens textile-garment industry

(VEN) - Textile and garment enterprises in the southcentral coastal city of Da Nang are seeking to green their production through the use of renewable energy, waste reduction and wastewater standardization.
US businesses exploring investment, business opportunities in Vietnam

US businesses exploring investment, business opportunities in Vietnam

Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.
Da Nang hopes for further investment from RoK city

Da Nang hopes for further investment from RoK city

Secretary of the Da Nang municipal Party Committee Nguyen Van Quang said he hopes that the city of Daegu in the Republic of Korea (RoK) will cooperate with the Vietnamese central city and invest more in its hi-tech sector, along with education, training and tourism.
Initiative speeds up investment disbursement

Initiative speeds up investment disbursement

(VEN) - Prime Minister Pham Minh Chinh has asked ministries, sectors and localities to ensure the quality and effectiveness of public investment projects and achieve a higher disbursement rate in 2023.
Hanoi builds synchronous policies to draw foreign investment

Hanoi builds synchronous policies to draw foreign investment

A conference linking hundreds of Hanoi and Singaporean enterprises was held in the capital city of Hanoi on March 7. The event was co-hosted by the municipal Department of Industry and Trade, the Vietnam Trade Office in Singapore, the Singapore Chinese Chamber of Commerce and Industry (SCCCI) and the Vietnam Chamber of Commerce and Industry (VCCI).
Vietnam seeks response to corporate tax overhaul

Vietnam seeks response to corporate tax overhaul

(VEN) - All European Union states and many other countries will introduce a global minimum tax (GMT) of 15 percent on large corporations by the start of 2024, and Vietnam is being urged to devise appropriate policies and adapt to the new taxation.
Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent

Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent

The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.
Global Minimum Tax a head-scratcher for Vietnamese policymakers

Global Minimum Tax a head-scratcher for Vietnamese policymakers

As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Program seeks to solve business capital needs

Program seeks to solve business capital needs

(VEN) - A series of commercial banks have moved to reduce lending interest rates in response to strong messages by the Government and the State Bank of Vietnam (SBV) about supporting the economy and business sector.
Việt Nam carries out measures for healthy forests

Việt Nam carries out measures for healthy forests

At a forum on the International Day of the Forest yesterday in Hà Nội, Phạm Hồng Lượng, chief of office of the General Department of Forestry, stressed the importance of raising awareness about the role of forests in human life to work together in forest protection and sustainable forest exploitation.
COP28 President-Designate to co-chair Copenhagen climate ministerial meeting

COP28 President-Designate to co-chair Copenhagen climate ministerial meeting

Dr. Sultan Al Jaber, COP28 President-Designate, will visit Copenhagen to co-chair the Copenhagen Climate Ministerial with His Excellency Sameh Shoukry, Minister of Foreign Affairs, COP27 President and Foreign Minister of the Arab Republic of Egypt.
Practical effective activities urged to mark World Water Day

Practical effective activities urged to mark World Water Day

The Ministry of Natural Resources and Environment has asked other ministries, agencies, sectors, localities, and organisations to take practical and effective activities to mark the World Water Day (March 22), the World Meteorological Day (March 23), and the Earth Hour 2023 (March 25).
BKEET steams ahead with waste treatment

BKEET steams ahead with waste treatment

(VEN) - After research spanning 20 years, solid waste incinerators produced by the Bach Khoa Hanoi Energy and Environment Joint Stock Company (BKEET) are operating across the country.
Science, technology, innovation promoted to support national development

Science, technology, innovation promoted to support national development

Various measures will be rolled out from now to 2025 to fine tune science and technology organisations and perfect the legal foundation for state management of science, technology and innovation.
Vietnam introduces automated sorting system

Vietnam introduces automated sorting system

(VEN) - The successful design, manufacturing and operation of an automatic goods sorting system has contributed to optimizing the production process and cutting the costs of logistics enterprises. Vietnam Economic News’ Quynh Nga interviewed Dr. Phan Dang Phong, Director of the National Research Institute of Mechanical Engineering (NARIME) under the Ministry of Industry and Trade (MoIT), about this technology.
Domestic ICT firms well-positioned to reach out to the world

Domestic ICT firms well-positioned to reach out to the world

Vietnam's information and communication technology (ICT) companies are well-positioned to make strong breakthroughs and reach out to the world in the near future, on the back of widespread Internet access, abundant workforce and support from authorities at all levels.
Innovation platforms boosting sustainable development announced

Innovation platforms boosting sustainable development announced

The Institute for Innovation and Development (IID) on March 15 held a “Drive Innovation for Impact” event to announce three digital innovation platforms boosting sustainable development.
Transport infrastructure fund needed to enhance Southeast regional linkages

Transport infrastructure fund needed to enhance Southeast regional linkages

HCM City authorities have proposed setting up a transport infrastructure fund to enhance regional linkages in the southeastern region to help unleash its full potential as the country’s economic locomotive.
Hà Nội to build new bridge crossing Red River

Hà Nội to build new bridge crossing Red River

A 820-metre long bridge named Thượng Cát crossing Hồng (Red) River in Hà Nội will be constructed with an investment of nearly VNĐ8.3 trillion.
Hoa Binh, sustainable investment destination

Hoa Binh, sustainable investment destination

(VEN) - The north-central province of Hoa Binh has recently licensed 16 investment projects totaling VND49 trillion, reflecting the province’s drive for sustainable development and its unique advantages.
Singapore-Vietnam project benefits more than 2,500 renal patients

Singapore-Vietnam project benefits more than 2,500 renal patients

The Singapore International Foundation (SIF), in partnership with Hanoi Medical University (HMU) and Tan Tock Seng Hospital (TTSH), closed their five-year Haemodialysis Care Project in Hanoi on 12 March 2023.
Bamboo Airways to launch Viet Nam’s longest domestic air route from April

Bamboo Airways to launch Viet Nam’s longest domestic air route from April

On April 29, Bamboo Airways will launch an air service between the capital city of Ha Noi and the southernmost province of Ca Mau, making it the longest domestic route served by a local carrier.
King Coffee and Tín Thành Group partner to build a tyre plant in the US

King Coffee and Tín Thành Group partner to build a tyre plant in the US

Vietnamese King Coffee and Tín Thành Group have entered into a partnership to build a tyre filling and recycling plant in South Carolina, the US.
Vietjet announces first direct air route between Vietnam, Queensland

Vietjet announces first direct air route between Vietnam, Queensland

Vietjet will operate the first air route connecting Vietnam with Australia’s Queensland state in June, the airline announced on March 16.
Vietnamese businesses attend Foodex Japan 2023

Vietnamese businesses attend Foodex Japan 2023

Thirty-six Vietnamese businesses are showcasing their products at the 48th international food and beverage exhibition (Foodex Japan 2023), which kicked off in Tokyo, Japan, on March 7.
Việt Nam

Việt Nam's grilled bananas among world’s most delicious desserts

CNN described the sweet course as crispy, smoky and fragrant, and best enjoyed with lightly sweetened creamy coconut milk and roasted peanuts.
A dish to try beef-ore you go, Buôn Ma Thuột

A dish to try beef-ore you go, Buôn Ma Thuột's famous beef in tamarind sauce

Many restaurant owners claim that the dish's fame is due to the special marinated ingredients that can be found exclusively in this hilly part of Việt Nam.
Indian community celebrates colour festival Holi in Vietnam

Indian community celebrates colour festival Holi in Vietnam

Indian Business Chamber in Vietnam (INCHAM) successfully celebrated the colour festival Holi 2023 in Vietnam.
Fireworks to light up Đà Nẵng

Fireworks to light up Đà Nẵng's sky as international festival returns with a bang

The event’s organisers, Sun Group, said that the 2023 event would focus on post-COVID-19 tourism promotion as a benchmark for full economic growth in the central region and the country.
Visa exemption means int

Visa exemption means int'l tourists can visit Phu Quoc for up to 30 days

Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a populous and rich nature, and impressive architecture.
New discoveries at the Citadel of Hồ dynasty

New discoveries at the Citadel of Hồ dynasty

The excavation in Thanh Hóa Province also uncovered vestiges of the Royal Road within the inner city, including green stone embankments and slate paving in the middle of the South Citadel.
Tram Tau: A remote slice of heaven

Tram Tau: A remote slice of heaven

(VEN) - Tram Tau hot springs, about 260 kilometers west of Hanoi, offer tourists an unforgettable experience. A tourism development campaign bills this remote corner of Yen Bai Province a “miniature Bali”.
Developers seek to create theme park in Đắk Lắk

Developers seek to create theme park in Đắk Lắk

A project to construction a theme park in Đắk Lắk Province’s Buôn Ma Thuột city has been submitted to the province’s People’s Committee.
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