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 Viet Nam could take advantage of new foreign investment strategies?
More giant foreign firms plan to shift investment into vietnam
Truong Cong Thang, chairman of Masan Consumer, said the key priorities of CrownX are to develop a winning store network and supply chain across the country, develop VCM as a consumer-goods-like business led by power brands to become one of the top 50 retail brands in the world, develop an exclusive portfolio (up to 40 per cent) through strategic partnerships with suppliers, acquire household grocery spending data, and be one of the top 10 companies to work for in Viet Nam. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
The salary the Japan side requires for the projects of the 2018 fiscal year is over $30,000/month/head (+/-10 percent), not including allowances. The salary the Japan side requires for the projects of the 2018 fiscal year is over $30,000/month/head (+/-10 percent), not including allowances. … [Read more...] about State Audit of VN notes high pay for foreign specialists in ODA projects
Most notably, many local companies operating in the sector claim that their contracts with partners in the EU and the United States have been canceled, delayed, or scaled down in recent months. Indeed, the country’s garment industry reported that all enterprises have been affected by the pandemic, noting that 70% of the members were urged to cut labour force in March, with greater reductions in April and May. … [Read more...] about EVFTA could turn Vietnam into new destination for manufacturers: Nikkei
One of the solutions is to gradually divest capital from power generation companies in stable operations, where EVN doesn’t need to hold a controlling stake, in order to seek capital to pay debts or develop new investment projects. Vietnam could sell power plants after they become operational to outside investors to raise funds for new projects. … [Read more...] about Vietnam draws up roadmap to eliminate monopoly in power sector