Foreign invested enterprises in china statistics

A Vietnamese factory processing tra fish for exports (Illustrative image. Source: VNA) Hanoi (VNS/VNA) - Vietnamese and Chinese enterprises are encouraged to tap into the great bilateral trade potential driven by the two countries’ open trade policies, experts have said. Vietnam values and gives priority to strengthening economic and trade cooperation with China, and hopes to receive greater investment from China and the overseas Chinese community, said Nguyen Noi, Deputy Director of the Foreign Investment Agency under the Ministry of Planning and Investment. “I’m pleased to see that many leading Chinese corporations are expanding their investments in the fields of electronics, renewable energy and IT, applying modern technology and bringing more value in line with Vietnam’s foreign investment orientation,” Noi told a conference on Vietnam-China trade and investment last week. China continued to be Vietnam’s … [Read more...] about Vietnam, China have room to grow trade ties: experts

Vietnamese Prime Minister Nguyen Xuan Phuc (R) shakes hands with Timor-Leste’s Minister of Foreign Affairs and Cooperation Dionisio Babo Soares PM Phuc congratulated Timor-Leste on the establishment of a new government headed by PM Mari Alkatiti, believing that under the leadership of the new government, Timor-Leste will maintain stability and strong development, thus contributing to peace, stability and cooperation in the region. Having hailed positive strides in Vietnam-Timor-Leste relations, the PM suggested the two nations further promote bilateral cooperation more comprehensively by increasing the exchange of delegations and setting up periodic exchange mechanisms, firstly the joint committee as agreed in the Frame Agreement on Technical and Economic Cooperation. He said ministries and representative agencies of the two countries need to work harder to regain the growth momentum in trade and investment, and expand cooperation in potential areas such as agriculture, … [Read more...] about WEF ASEAN 2018: PM receives Timor-Leste Foreign Minister

According to Lee Young Man, President of the Korean footwear association in Vietnam, more than 100 Korean businesses are operating in the field in Vietnam, with nearly 80 percent of them active in the southern province of Binh Duong. A footwear production chain in Vietnam The Korean footwear association in Vietnam has organized activities to enable businesses to exchange experience in order to increase competitiveness, he said. At present, the association has 90 members and most of them are performing well. It aims to develop the membership to 120 this year. According to the Vietnam Leather, Footwear and Handbag Association (LEFASO), Vietnam exported around USD 14.67 billion worth of footwear last year, ranking second in the world. In the first four months of this year, the industry’s exports were worth USD 4.5 billion, and the full-year target is USD 20 billion. The RoK is the biggest foreign investor in Vietnam with over 6,760 valid projects which have total … [Read more...] about RoK footwear firms to increase investment in Vietnam

Ganesan Ampalavanar, CEO of Nestlé Vietnam, addressing VEF 2019 On January 17, 2019, the Vietnam Economic Forum (VEF) 2019 took place in Hanoi and chaired by Prime Minister Nguyen Xuan Phuc and head of the Party Central Committee’s Economic Commission Nguyen Van Binh. At the general session and the high-level policy dialogue on “Private sector development and enhancing the linkages between domestic and FDI firms,” Ganesan Ampalavanar, CEO of Nestlé Vietnam agreed that Vietnam needs concerted efforts by numerous economic sectors, based on the principle of "Creating Shared Value." According to the state authority, the private sector has made great contributions to economic growth, which is forecasted to increase even further in the time coming. However, it is necessary to strengthen linkages and co-operation between the public and the private sector, as well as the domestic and foreign-invested enterprises. In the context of reviewing 30 years of FDI … [Read more...] about Nestlé Vietnam vows close co-operation with Vietnamese partners

President of the VFF Central Committee Tran Thanh Man (red tie) delivers Christmas greetings in Binh Duong On behalf of the Party, State, and VFF, Man conveyed his best wishes to Catholic dignitaries on the occasion, and hailed the significant contributions made by the diocese and its followers towards national achievements in economy, culture, society, security, defence, and foreign affairs. He quoted Pope Francis’ teaching that a Vietnamese Catholic must be a good citizen and patriot who sides with the nation to build a country of prosperity and happiness. Man expressed his hope that the diocese and its Bishop Joseph Nguyen Tan Tuoc will continue supporting patriotic emulation movements and engaging in environmental protection activities, thus contributing to the nation’s development and solidarity. On the occasion, Man visited and extended Christmas wishes to Vice Chairman and Secretary of the Committee for Solidarity of Vietnamese Catholics Priest John Baptist … [Read more...] about Christmas greetings delivered to Catholic communities