Illustrative image (Source: VNA) HCM City (VNA) – Promoting investment in green growth was the focus of a forum on sustainable finance in Ho Chi Minh City on May 28. Participants at the event, who included experts from management agencies like the Ministry of Planning and Investment, the State Bank and the State Securities Commissions, commercials banks and international and domestic investment funds, discussed measures to push the implementation of green growth strategy targets. They also looked for ways to mobilise investment capital for climate change adaptation projects as Vietnam is facing increasing challenges from climate change. The International Financial Corporation (IFC) forecasted that from now until 2030, investment in climate-related projects in Vietnam could amount to 753 billion USD, including 59 billion USD in renewable energy and 80 billion USD in green works. Experts said that investment flow and funding from the private economic sector has a crucial role … [Read more...] about Forum seeks to promote investment in green growth
Promote investment
Hanoi promotes investment-tourism cooperation with Japan
At the event (Photo: kinhtedothi.vn) Hanoi (VNA) – The Hanoi People’s Committee organised a conference to promote investment and tourism cooperation with Japan in the capital city on March 29. According to Vice Chairman of the Hanoi People’s Committee Nguyen Doan Toan, Japan’s foreign direct investment (FDI) in the city exceeds 10 billion USD, accounting for 25.5 percent of its total FDI value. Japanese-funded projects, like Nhat Tan-Noi Bai road, Nhat Tan Bridge, and the building of a smart-city area, have played an important role in the capital’s growth. Meanwhile, as Hanoi’s third biggest tourism partner, Japan had 303,000 tourists visiting the city last year. Director of the municipal Department of Planning and Investment Nguyen Manh Quyen said Japanese firms have been investing in various projects with effective operations in the city. Hironobu Kitagawa, a representative from the Japan External Trade Organisation (JETRO), informed the … [Read more...] about Hanoi promotes investment-tourism cooperation with Japan
Can Tho delegation to visit Japan to promote investment
The Vietnam-Japan Friendship Industrial Park in Can Tho - Illustrative image (Photo: VNA) Can Tho (VNA) – A working delegation from the Mekong Delta city of Can Tho will pay a visit to Japan in the first quarter of next year to promote trade and investment in the locality. Chairman of the municipal People’s Committee Vo Thanh Thong said on November 19 that the city wants to invite Japan’s small- and medium-sized enterprises to invest in the locality’s Vietnam-Japan industrial zone and attract more capital in the fields of logistics, information technology, and high-tech agriculture. Thong also expressed hope that Vietnam’s major farm produce, such as rice, fruit, and seafood, could gain access to the Japanese market. The working visit also aims to boost cooperation in agriculture through high-tech agricultural projects, with the focus on processing and preservation technologies. In the training field, Can Tho has encouraged the building of a … [Read more...] about Can Tho delegation to visit Japan to promote investment
Water sector promotes investment attraction
Up to now, the water and electricity supply sectors have ranked third in attracting investment capital to 117 projects totally capitalized at US$22.8 billion including 71 water supply and wastewater treatment projects worth US$2.6 billion, according to the Foreign Investment Agency under the Ministry of Planning and Investment. Addressing the press conference to announce the 10th International Water Supply, Sanitation, Water Resources and Purification Event (VIETWATER2018), Chairman of the Vietnam Water Supply & Sewerage Association (VWSA) Cao Lai Quang said up to June 30, 70% of urban water supply systems have ensured sufficient services of safer water round-the-clock. Currently, the country’s urban water supply systems have a total design capacity of 8.7 million cubic metres per day/night. However, Vietnam’s water sector is facing numerous challenges in the urbanization process. The old water distribution systems and poor management have led to the loss of a large … [Read more...] about Water sector promotes investment attraction
Ba Ria-Vung Tau promotes investment in RoK, Japan
Mr Long said that while in the RoK the delegation will work with the Vietnamese Embassy, the Korea Trade-Investment Promotion Agency (KOTRA), and Pohang city authorities, hold an investment promotion seminar in Seoul and tour of some Korean businesses. Meanwhile in Japan, they will work with the Japan International Cooperation Agency (JICA) and Mitshubisi Heavy Industry in Tokyo, and visit the medical waste treatment plant of Kyoei Company and a smart cities model of Osaka Gas Company in Osaka City. The visits aim to call on the two countries’ businesses to pour investments into all fields in Ba Ria-Vung Tau province, especially industries (wind, solar and renewable energy, petrochemical products, PVC plastics and metal materials), port logistics, seaports (Cai Mep Ha logistics centre, Phu My town, and a logistics centre in Cai Mep Ha Industrial Zone) and tourism, said Mr Long. It will provide a good chance to boost exchange and cooperative and friendly ties between Vietnam, … [Read more...] about Ba Ria-Vung Tau promotes investment in RoK, Japan