Media production companies

Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media

Bac Giang (VNA) – Foxconn Singapore PTE Ltd will build a 270-million USD plant to produce laptops and tablets at Quang Chau industrial park in the northern province of Bac Giang. The company was among four projects of Singaporean and Hong Kong investors with total capital of nearly 570 million USD awarded investment certificates at a ceremony on January 18. Besides Foxconn, Risesun Investment Pte.Ltd (Singapore) will pour 75 million USD in a plant to produce plastic and composite products and 6 million USD into another factory to manufacture PVC decorative films at Hoa Phu industrial park. Ja Solar Investment (Hong Kong) Limited invests 210 million USD in a photovoltaic manufacturing plant at Quang Chau industrial park.  Addressing the ceremony, Chairman of the provincial People’s Committee Le Anh Duong pledged to provide investors with the best technical infrastructure and services while facilitating administrative procedures for those landing investment in the … [Read more...] about Foxconn invests in 270-million USD laptop plant in Bac Giang

According to the indictment from the Supreme People’s Procuracy, the Saigon Beer - Alcohol - Beverage JSC (Sabeco), which is under the MoIT’s management, was given 6,080sq.m of land in Bến Nghé Ward of HCM City’s District 1 for non-agricultural production and business purposes. … [Read more...] about Trial for ex-trade minister Vu Huy Hoang, accomplices postponed again

Sơn stayed in power for three years, after which he was promoted as the deputy head of the Department of Market Management in January 2018. He was also allowed by the incumbent industry and trade minister Trần Tuấn Anh to work in the 389 Committee. … [Read more...] about Deputy PM orders probe into official’s quick promotion