Revoke the investment certificate

The Bạc Liêu LNG-fired thermal power plant, expected to cost about US$4 billion, will cover 40ha in Vĩnh Hậu A Commune, Hòa Bình District. It is the biggest foreign-invested project in the Cửu Long (Mekong) Delta region thus far, online newspaper sggp.org.vn reported. … [Read more...] about Bạc Liêu approves $4b LNG-fired thermal power plant

“I’m sure that the number of Japanese companies coming to Viet Nam will increase, especially across sectors such as consulting, IT, retail, and distribution," Shinji said. "I don’t expect any rapid or big changes from 2018 to 2020. But I think the manufacturing sector is strong, with relatively high levels of investment." … [Read more...] about Japanese firms increase investments in advanced technologies in Viet Nam

After receiving their investment registration certificates, most foreign investors quickly bring in money, import machinery and equipment and build plants, usually in one to two years, and begin doing business, according to Mai Văn Nhơn, deputy head of the Đồng Nai Industrial Zones Authority (DIZA). … [Read more...] about Đồng Nai pulls the plug on 531 tardy foreign projects

Daewon Thu Duc House established a joint venture with the Vietnam Manufacturing and Export Processing Company to develop a US$115 million office complex and trading centre, along with high-rise apartment buildings, townhouses, a supermarket, and other facilities, in Hadong district of Hanoi. The joint venture has charter capital of US$23 million, of which Daewon Thu Duc House contributes 49%. … [Read more...] about Real estate sees a rise of M&A deals

Davos (VNA) – Permanent Deputy Prime Minister Truong Hoa Binh led a Vietnamese delegation to participate in many activities within the framework of the 50th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, on January 21. The Deputy PM was a keynote speaker at the plenary session on strategic prospects for the Association of Southeast Asian Nations (ASEAN), attended other important sessions of the meeting and met with leaders from many countries, international organisations and global leading groups. He also met with President of the WEF Borge Brende and attended a ceremony to announce the conclusion of the Vietnam-WEF cooperation agreement.  Binh told the WEF president that Vietnam highly appreciated the WEF’s coordination with Vietnam to implement successfully the bilateral cooperation agreement.  He emphasised that the implementation of the deal since its signing on the occasion of Prime Minister Nguyen Xuan Phuc’s attendance at … [Read more...] about Deputy PM active at 50th meeting of WEF in Davos