Eurocham

Photo Le Toan Having been living in Vietnam for more than 20 years, Hong Sun, vice chairman of the Korea Chamber of Business in Vietnam (KorCham), can speak and read both Vietnamese and English fluently. Sun habitually reads newspapers every day. “The media can provide me exact information about the Vietnamese market, and where my projects are going well,” Sun told VIR. He is CEO and president at HSDC Co. Ltd., the investor of many industrial zones, smart logistics parks, and innovation and research and development parks in Vietnam. KorCham has often asked the media to help convey the voice of its over 9,300 South Korean member enterprises to the government and ministries. “Many proposals have been solved thanks to the help of journalists. The media has played an extremely important role in the Vietnamese business and investment climate. Enterprises can receive information, directions, and policies, as well as laws from the Party, the National Assembly, and the government. … [Read more...] about Helping others make informed decisions

Illustrative image (Photo: baoquocte.vn) Hanoi (VNA) - Foreign investors maintained their trust in Vietnam despite countless difficulties last year and the country is viewed as a safe destination for development, a recent forum in Hanoi heard. The Ministry of Foreign Affairs and Vietnam Economic Times co-held the Connections for Development Forum 2021 held late last month, with the theme “Seizing New Opportunities for Localities and Businesses”. Addressing the forum, Deputy Prime Minister Pham Binh Minh said that Vietnam is emerging as an attractive investment destination in Asia and its nation brand value is growing at the fastest rate in the world, rising nine places to 33rd in the top 100 nation brand rankings. The FDI sector has become an important driver of Vietnam’s economic growth, with its contribution to GDP rising considerably, he noted. As of December 2020, Vietnam had a total of 33,070 FDI projects worth over 384 billion USD, with 231.86 billion USD, or … [Read more...] about Vietnam – A safe destination for development of FDI