With an investment of USD 2 million from the Dutch government and an equal amount from the Dutch private sector, the project aims to make the citrus sector in the Mekong Delta more sustainable and efficient by reducing the negative impacts of agro-chemicals on the environment. … [Read more...] about Vietnam, Netherlands target sustainable agri-business development
Financial business loans
Netherlands and Vietnam promotes sustainable business for Mekong Delta
The Netherlands and Vietnam have been engaged in the Strategic Partnership Arrangement on Climate Change Adaptation and Water Management since 2010 and the Strategic Partnership Arrangement on Sustainable Agriculture and Food Security since 2014 – two over-arching umbrella structures for all existing and new areas of cooperation in the aforementioned fields. … [Read more...] about Netherlands and Vietnam promotes sustainable business for Mekong Delta
South Korean investors pour big money into Vietnam
As such, Hanwha, the seventh largest economic group in South Korea, has taken steps to scale up its business in Vietnam. After pouring money into insurance and investment, the big player from South Korea has jumped into the field of securities with the stronger presence in Pinetree Securities. … [Read more...] about South Korean investors pour big money into Vietnam
Intel channels additional 475 million USD into Vietnam
HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam
Việt Nam’s foreign debts under control
A representative of the International Monetary Fund said that Việt Nam's current foreign debt management mechanism has not focused on sources of risk. Short-term loans are less managed than long-term ones; no self-insurance requirement as well as a clear regulatory change strategy in response to vulnerability risks. … [Read more...] about Việt Nam’s foreign debts under control
