Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Example foreign direct investment
Vientiane (VNA) – The Lao Government has decided to tighten COVID-19 prevention measures in the face of transmission risks. The Lao Prime Minister’s Office on August 7 issued an urgent announcement of the enhancement of some measures against COVID-19 amid this country’s relaxation of virus containment actions. The announcement noted that facing the risk of a resurgence of COVID-19 amid the disease’s complex developments in the region and the world, the Lao Government decided to strengthen the enforcement of prevention measures. In particular, relevant agencies were asked to enhance examination of those exiting from or entering the country so as to detect any illegal entry cases, monitor entertainment venues and karaoke parlours which had been ordered to close temporarily, and deal with any violations of the government’s directives. Notably, the Foreign Ministry of Laos was assigned to coordinate with the country’s national steering committee for … [Read more...] about Laos strengthens COVID-19 prevention measures
As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
The volume of cargo handled by them is growing at 5 percent a year, with the goods brought mainly by road, meaning the number of container trucks going in and out of the ports is huge. … [Read more...] about HCMC suggested to collect infrastructure fees at ports
Authorities of the southern metropolis of Ho Chi Minh City are continuously taking preventive measures to ensure safety for tourists while supporting travel businesses to overcome difficulties and devising policies to promote tourism for the post-pandemic period. As the disease broke out again in Da Nang in July, many enterprises in HCM City have delayed or cancelled their tourism programmes in the central coastal city. Foreign tourists visit Ho Chi Minh City (Photo: VNA) … [Read more...] about HCM City supports tourism businesses in face of COVID-19