Vinh Phuc seeks investment from S Korea The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vinh Phuc provincial People’s Committee Nguyen Van Tri highlighted the province’s convenient location in Viet Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local labour force. The provincial leader reported that Vinh Phuc is now home to more than 300 foreign direct investment (FDI) projects, including many run by South Korean corporations such as Partron Vina, Haesung Vina, Bangjoo and Interflex. Several more South Korean … [Read more...] about BUSINESS NEWS IN BRIEF 1/8
Briefing business
New Zealand’s ‘prime miniature’ baby keeps Ardern busy
AUCKLAND — New Zealand leader Jacinda Ardern will spend a second night in hospital with her "very alert and hungry" newborn daughter who Twitter wags have dubbed the "prime miniature". Ardern and her partner Clarke Gayford have been swamped with congratulatory messages from around the globe, including a private email from Britain’s Queen Elizabeth II. But after becoming only the second world leader to give birth while in office, she is now facing the realities of motherhood which has seen plans for a public appearance with her baby cancelled twice. A spokesman for her office said "everyone is doing well if not a bit tired" after Ardern spent much of her first night as a mum feeding the newborn. "The nurses described the child as ’very alert and one hungry baby’," the spokesman added. The baby, whose name has yet to be released, arrived Thursday afternoon,weighing 3.3 kilogrammes (7.3 pounds) and with the proud parents using social media to make the … [Read more...] about New Zealand’s ‘prime miniature’ baby keeps Ardern busy
PM holds dialogue with Singaporean business leaders
Speaking at a dialogue with 15 chairpersons and CEOs of leading Singaporean groups and businesses on April 27, PM Phuc affirmed that the Government of Vietnam will assign relevant ministries, agencies and localities to coordinate with Singaporean investors to speed up the implementation of their projects in the country. While applauding Singaporean enterprises which have plans to expand investment in the areas of Vietnam’s priorities, he called on the investors to carry out their projects on schedule, observe Vietnam’s laws and harmonise interests of the State, the investors and people. Singapore has become Vietnam’s most important economic partner in the Association of Southeast Asian Nations (ASEAN) with more than 2,000 projects worth 43 billion USD, and two-way trade reaching 8.3 billion USD in 2017, PM Phuc said. PM Phuc meeting with Singaporean business leaders. Photo: baochinhphu.vn The government leader noted that Singapore is also a gateway … [Read more...] about PM holds dialogue with Singaporean business leaders
Vice President meets Overseas Vietnamese, large businesses in Australia
Vice President Dang Thi Ngoc Thinh meets large-scaled Australian businesses as part of the official’s trip to Australia to attend the 28th Global Summit of Women, April 25, 2018 - Photo: VNA At her meeting with representatives of Vietnamese in Australia’s Victoria state, the Vice President hailed contributions made by Vietnamese in Victoria to the development of Viet Nam and Australia, as well as the friendship between the two countries. She said during meetings, Victoria leaders highly valued the overseas Vietnamese’s contributions and pledged to create the best possible conditions for the overseas Vietnamese to integrate into the host society and preserve Vietnamese traditions. The same day, Vice President Thinh had a meeting with representatives of eight Australian businesses specializing in construction, financial services, real estate and investment. She highlighted the thriving economic, trade and … [Read more...] about Vice President meets Overseas Vietnamese, large businesses in Australia
Swedish businesses seek investment opportunities in HCM City
The meeting also saw the attendance of Swedish Ambassador to Vietnam Pereric Hogberg and Swedish Ambassador to Singapore Hakan Jevrell. At the meeting Having briefed the guests on the challenges and development orientations of the city, the host applauded the active cooperation of Swedish businesses with the HCM City’s authorities, especially in fields of their strength such as high tech development and innovation solutions. Currently, the city plans to build six metro routes. While Route 1’s project has been underway, the city is calling upon foreign counterparts to invest in the remaining routes. This also offers an investment and cooperation opportunity to Swedish businesses in this area, he said. According to Chairman Phong, the city’s health sector is facing many difficulties such as inadequate facilities and equipment, limited human resources and hospital overload. Sweden has successfully implemented the SymbioCare model in the health care … [Read more...] about Swedish businesses seek investment opportunities in HCM City