The upcoming Vietnam Digital Economy Forum (VDEF) 2018 will include special sessions which focus on Vietnam’s digital economic perspectives, featuring local and international keynote speakers. The VDEF 2018, whose theme is “Challenges and strategic solutions for small- and medium-sized enterprises (SMEs) in the Fourth Industrial Revolution,” will take place on Thursday, November 1, at the Rex Hotel in District 1, HCMC. The forum is co-sponsored by the Association of Vietnam Scientists and Experts, and Quang Trung Software City, as well as by the HCMC People’s Committee. Some 20 policy makers and leading experts at home and abroad from the digital economy industry, together with 500 guests from ministries, organizations and enterprises, are expected to join this event. The Fourth Industrial Revolution has been impacting the structures that make up the foundations of the global economy and society. Every day, millions of people benefit from innovative products and … [Read more...] about BUSINESS NEWS IN BRIEF 1/11
Vien dong hotel ho chi minh city
BUSINESS NEWS IN BRIEF 24/10
Festival to help Ninh Binh promote tourism potential The picturesque Trang An Complex in Ninh Binh province (Photo: vietnamtourism.gov.vn) The northern province of Ninh Binh will have opportunities to promote its tourism potential as a cultural, sport and tourism festival will be held in the locality later this month. Held by the Ministry of Culture, Sports and Tourism, the event is part of the programmes organised to mark 1,050th anniversary of Dai Co Viet, the first feudal state of Vietnam. A wide range of cultural activities are scheduled such as photo exhibitions, amateur cheo (traditional opera) performances, and various culture and sport activities. Local Trang An Landscape Complex, recognised by the UNESCO as a World Heritage site in 2014, together with other renowned heritages like Ha Long Bay, Phong Nha Ke Bang National Park, and gong cultural space in the Central Highlands, among others, will be nudged closer to the visitors at the festival through the “Going through … [Read more...] about BUSINESS NEWS IN BRIEF 24/10
VN attracts US$25.37 billion FDI capital in nine months
Illustration photo During January-September, disbursement of FDI projects jumped to US$13.25 billion, representing an increase of 6% year-on-year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. As of September 20, a total of 2,182 new foreign-invested projects, worth US$14.1 billion, were granted licences, while 841 projects registered to increase their capital by a total of US$5.5 billion. Meanwhile, in the nine months through September, 5,275 projects have had US$5.7 billion in capital contributed by foreign investors, up 36.8% year-on-year. Manufacturing remains the most attractive industry for foreign investors, having attracted US$11.3 billion, accounting for 44.6% of the total registered FDI capital, followed by real estate with a total registered capital of US$5.8 billion, while wholesale and retail sales came in third with a total registered capital of US$2.1 billion. The data shows that 104 countries and … [Read more...] about VN attracts US$25.37 billion FDI capital in nine months
Ha Noi leads in attracting foreign direct investment
Ha Noi was followed by Ho Chi Minh City with US$4.69 billion and the southern province of Ba Ria - Vung Tau with US$2.15 billion in FDI, which make up 17.9% and 9.4% of the country’s total FDI attraction, respectively, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Several large projects helped lift Ha Noi to the top position. Notable schemes include the US$4 billion-plus smart-city project invested by Japanese conglomerate Sumitomo in Dong Anh district. Another big investment is the Lotte Mall Ha Noi project by South Korean giant Lotte Group. This US$600-million project is a complex comprising of a shopping mall, hotel, office space and apartments. At the conference “Ha Noi 2018 - Investment cooperation and Development”, municipal authorities also handed over investment licenses to 71 … [Read more...] about Ha Noi leads in attracting foreign direct investment