Why Binh Duong – Highlight of Attracting FDI
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 i…
Visit to Vietnam of the British Prime Minister
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 Mini…
Vietnam Supports Australian Enterprises Investing and Setting-up Business in Vietnam
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 …
Vietnam is Increasingly Attracting Capital from the US
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 relatio…
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RCEP Helps Vietnam Accelerate Investment Attraction
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 b…
The Wave of New Technology Companies Wants to Choose Vietnam as The Destination
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 ar…
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