Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
Confidence for the market
The event attracted a number of enterprises from Eastern Europe and Vietnam to meet and seek co-operation opportunities. It also aimed to help Eastern European enterprises to better understand Vietnamese agricultural products. According to Deputy Minister of Industry and Trade Hoang Quoc Vuong, Eastern European countries are considered a traditional and important export market for Vietnamese goods. Deputy Minister of Industry and Trade Hoang Quoc Vuong speaks at the forum Institutions and legal frameworks for developing bilateral cooperation have been established between Vietnam and the Eastern European countries, including 14 intergovernmental committees, a mechanism for economic cooperation consultation between Vietnam and Poland and a Free Trade Agreement between Vietnam and the Eurasian Economic Union (including Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan), he noted. However, the total trade revenue between Vietnam and the Eastern European countries still … [Read more...] about Vietnam promotes agricultural, textile and footwear exports to Eastern Europe
At the seminar. (Photo: dangcongsan.vn) Hanoi (VNA) – Vietnamese and Lao experts gathered at a seminar held in Hanoi on March 28 to share experience in the operation of the political system. Assoc. Prof Le Quoc Ly, Vice Director of the Ho Chi Minh National Academy of Politics laid stress on the significance of refining the political system in each nation. In the past years, Vietnam and Laos have worked to step by step renew their political systems and renovate the Party’s leadership to build a law-governed socialist state. In Vietnam, functions and competence of the Party’s leadership, the State’s authority and the surveillance of the Vietnam Fatherland Front and other socio-political organisations have been assigned in a more specific manner. The apparatus has been streamlined to become more efficient, Ly noted, adding that Vietnam can learn from Laos’s management decentralisation from central to grassroots levels and personnel work in the election … [Read more...] about Vietnam, Laos exchange experience in political system operation
The Thu Thiem Catholic Church complex will be preserved as a national relic under the Cultural Heritage Law, an official said on Tuesday at a meeting in HCM City. Thu Thiem church complex on Thu Thiem peninsula in HCM City’s District 2. — VNA/VNS Photo Xuan Tinh The complex, which includes a number of buildings, will be protected in accordance with the 2001 Cultural Heritage Law and other related legal documents, according to Huynh Thanh Nhan, director of the Department of Culture and Sports. Speaking at the meeting on historic preservation held by the People’s Council, Nhan said the decision would affect the city’s planning of the Thu Thiem new urban area project in District 2 since the complex is located within the area. Previously, the city government had planned to clear all of these works to build a functional area in the new urban area, but decided to preserve them in early February. But it did not issue a detailed plan at that time. The department … [Read more...] about Church complex on Thu Thiem peninsula to be preserved as national relic
The paintings or on display at the "Revealing Identity" exhibition in Hanoi. Whether it is a shy girl beside flowers against an ancient roof or the feminine body flickering behind the curtain of a shabbily made "field bathroom" in the middle of the forest, Luc succeeds in evoking emotional responses from the viewer. Among the 50 artworks on display are illustrations of folk stories like "Tam Cam", "Ngheu So Oc Hen" and "Vinh Quy Bai To," set in coastal countryside scenery with fish markets, fishing boats, an elderly mother waiting for her son, etc. The exhibition will remain open until Nov 15 at the Chon Auction House, 63, Ham Long Street, Hoan Kiem District, Hanoi. Entrance is free and open to public. … [Read more...] about Nude art explores identity of Vietnamese women