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?
Why foreign investment is important
Secretary of the Hanoi Party Committee Vuong Dinh Hue (standing) speaks at the meeting. Photo: hanoimoi.com.vn According to the municipal Department of Planning and Investment, the Hanoi People’s Committee plans to hand over licenses to 116 projects worth VND 339.67 trillion (USD 14.7 billion) in total, including VND 266.23 trillion of additional capital, at the conference. They include 33 projects on housing and urban development, 19 office building projects, 12 tourism and service projects, 32 industrial projects, and 12 cultural-social ones. … [Read more...] about Conference to help foster investment, development cooperation in Hanoi
Pham Vu Cuong, deputy director of the HCMC-based Tan Son Nhat International Airport, was quoted as saying in the statement, “We are pleased to be welcoming Qatar Airways back to HCMC this July. Qatar Airways has demonstrated leadership in hygiene and safety standards during this time; thus, we will work closely with them to ensure the smooth and safe handling of all passengers.” … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
Other M&A deals include Tuong An Vegetable Oil JSC looking to be merged with the parent company of Kido Group; while FLC Faros JSC merged with FLC Mining Investment - Asset Management JSC, and there are also reports about a possible merger between two local e-commerce platforms Tiki and Sendo. … [Read more...] about COVID-19 to create an M&A wave in Viet Nam
New version with outstanding features VieON has been just rolled out on June 15. Through the holistic collaboration between BCG Digital Ventures and local partner Dat Viet VAC, VieON is expected to be an outstanding OTT application entailing fresh and continuously updated entertainment contents on an innovated tech platform to the audience. … [Read more...] about Dat Viet VAC launches flagship entertainment application VieON