Korean firms to sign cooperation deals at Vietnam-Korea ICT 2018

Big Korean companies are expected to sign to cooperate with local firms at the Vietnam-Korea ICT 2018 on March 22 in Hanoi.   About 40 Vietnamese and Korean ICT firms joined the Vietnam Korea ICT Programme last September   The event, held by the Vietnam Internet Association (VIA) in collaboration with the Korea National Information Technology Promotion Agency (NIPA), will attract dozens..

PM Phuc expects huge investments from Australia

Prime Minister Nguyen Xuan Phuc said he expected a new wave of investments, both direct and indirect, from Australia to land in Vietnam for win-win benefits.   Prime Minister Nguyen Xuan Phuc meets Brendan Sawyers, Webjet CEO, in Sydney on March 16. Source: VNA   His statement comes after the newly established strategic partnership of which the two countries are the members.   Phúc..

Thai delegation shows interest in boosting investment in Danang

On the morning of March 16, the Danang Investment Promotion Agency (IPA) organised the “Thailand-Danang Business and Investment Opportunities” seminar on the occasion of a Thai delegation’s visit.     Over 34 Thai investors take part in the seminar titled “Thailand – Danang Business and Investment Opportunities”   The seminar welcomed the delegation of leaders of the Thai..

Hanoi names priority sectors to attract Singaporean investors

Hanoi has announced the list of priority sectors to attract Singaporean investors in a move to fulfil its target of $3.5 billion in 2018.   CapitaLand's Mulberyland project in Hanoi   According to the Hanoi People's Committee, the city will focus on attracting Singaporean businesses with expertise in real estate, property management services, education and training, healthcare,..

2018 started with major FDI inflows

Vietnam continues to be a lucrative target for a raft of foreign investors in the first two months of 2018.   Billions of US dollars have been invested in Vietnam in the first two months of the year   A week ago, Japanese newswire Nikkei reported that the Japanese government and more than 20 large Japanese firms — including Sumitomo, Mitsubishi, Panasonic, and Tokyo Metro — are..

US-Vietnamese tie up to develop $50-million recycling facility

GFSI-MHE Manufacturing of Texas LLC signed a memorandum of understanding with Minh Hung Group of Vietnam to build and operate Southeast Asia’s largest recycling production facility in Vietnam.   The two sides inked the MoU to develop a world-class recycling facility in Vietnam   Located in the Mekong Delta province of Tien Giang, the facility has an estimated investment of $50 million...

India and Vietnam set to amplify trade and investment ties

Vietnamese State President Tran Dai Quang will pay a state visit to India, laying new groundwork for the two countries to further increase trade and investment co-operation.   According to the Indian Embassy in Vietnam, at the invitation of Ram Nath Kovind, President of the Republic of India, Vietnamese State President Tran Dai Quang would undertake a state visit to India on March 2-4,..

Long An to receive US and Canada-invested hi-tech food processing plant

MHEnviron Group, in collaboration with Avure Technologies and Minh Hung Group, will develop a food manufacturing and processing plant in Ben Luc district of the Mekong Delta province of Long An.   Singing ceremony to develop high-tech food processing in Long An   The three parties have signed a memorandum of understanding (MoU) on the construction of the plant using HPP (high pressure..

Delta province solicits investment in industrial parks

The Cửu Long (Mekong) Delta Province of Kiên Giang is soliciting investment in industrial parks and other projects as a means to boost socio-economic development.   The Thạnh Lộc Industrial Park in Kiên Giang Province.  The province is offering incentives to investors to invest in IPs. - VNA/VNS Photo   It is eyeing investment, especially in infrastructure, in the Thạnh Lộc,..

Dozen agreements signed at Vietship 2018

Vietship 2018 saw 12 contracts and memoranda of understanding worth millions of dollars, marked increased co-operation between domestic and foreign partners.   Representatives of Halong Shipbuilding Limited and An Thinh Phat Transport and Trading JSC  signing contract on building a new cruise ship   At the signing ceremony, six co-operation contracts were signed, including three..

Vietnam anticipates wave of FDI from India

Vietnam is expecting a wave of Indian investment after the meeting between Prime Minister Nguyen Xuan Phuc and representatives of Indian firms in the framework of the ASEAN-India Senior Officials’ Meeting (SOM).   Sugar manufacturing line at KCP Inidustrial Co., Ltd. (India) in Phu Yen province   At the meetings with the PM on the sidelines of the SOM on January 24-26, 2018,..