Vietnam Industrial Parks Investment World to be Held in Ho Chi Minh City
Mar. 16 – The Vietnam Industrial Parks Investment World 2010 will be held in Ho Chi Minh City from May 7 to 8 showcasing the country’s top industrial zones. The event is perfect for foreign investors wanting to expand or relocate their manufacturing operations into Vietnam since representatives from more than 200 industrial zones in […]
Northern Thai Nguyen Province to Become Major Manufacturing Hub
Mar. 10 – Northern Thai Nguyen Province is being groomed to become a major metallurgy, mechanical manufacturing and precision engineering hub in the country. Thai Nguyen is a small province bordering the capital city of Hanoi and serves as a gateway to the Red River delta with its network of road, rail and waterways systems. […]
Ho Chi Minh City Grants 39 New FDI Licenses
Mar. 8 – Ho Chi Minh city has so far approved investment licenses to 39 new foreign direct investment projects worth an estimated US$333.4 million. Vietnam’s financial capital wants to attract more investment into mechanics, engineering, bio-technology, IT and new materials projects. Majority of the 29 approved licensed projects last month were located outside the […]
Shaping Hanoi
By Joyce Roque HANOI, Mar. 5 – As the government prepares to celebrate Hanoi’s 1,000 year anniversary in October, plans to slowly expand the capital city have already begun since 2008. Hanoi’s limits will stretch to include adjacent provinces to make more space for national projects in the capital city. The expansion has already absorbed […]
Vietnam to Limit Car Imports
Mar. 4 – The Ministry of Industry and Trade plans to limit car imports by implementing regulations that would help cut down its trade deficit. The new restrictions will affect the importation of cars with less than 16 seats which make up majority of total cars imported from abroad and require that they pass quality […]
Foreign Stock Investment Hampered by Legal Restrictions
Feb. 12 – Foreign investors wanting to enter the Vietnamese stock market they are deterred by roadblocks relating to cumbersome procedures. A foreign investor wanting to enter the stock market must have their legal record authorized by various agencies and visa approved by the Vietnam Securities Depository before getting a trade code. For foreigners residing […]
Hanoi Industrial Parks Attract US$4.14 Billion Worth of Investments
Feb. 9 – According to the Authority for Hanoi Industrial and Export Processing Zones, the city has so far attracted US$4.14 billion worth of projects in its industrial parks. Of the total 508 licensed projects, 240 are domestic projects worth US$3.533 billion while the rest is composed of 268 foreign-invested projects. In 2009, the IPs […]
Hanoi to Host First International Fair for Trade,Investment
HANOI, Feb. 4 – The city will host the first International Fair for Investment and Trade from February 5 to 7 in My Dinh Sport Complex to facilitate investment, exports, brand advertising and franchising deals between foreign and local businesses. The event was organized by Hanoi’s Association for Vietnamese Overseas, the Hanoi Business Association, the […]
Provincial Competitiveness Index 2009 Available for Download
Feb. 1 – The Vietnam Chamber of Commerce and Industry and the U.S. Agency for International Development’s Vietnam Competitiveness Initiative have recently released a report ranking the competitiveness of each province in the country in 2009. The index is useful for investors looking at entering Vietnam because it gives a comprehensive look of the country’s […]
Hanoi Industrial Parks Target US$180 Million Projects for 2010
HANOI, Jan. 27 – Authorities want to target US$180 million worth of new investment projects for 2010, an increase of 37.62 percent compared to the previous year. Last year, 16 local projects worth VND728 billion and 27 foreign direct investment projects capitalized at US$91.4 million were approved in Hanoi. The city now has a total […]