State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment. The total investment capital transferred abroad reached $3.8 billion and the profit $270 million. … [Read more...] about How are SOEs’ outward investment projects performing?
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Maintaining high sanitary standards in schools is one of the parts of the guidance put forward by the Ministry of Education and Training for exam sites in order to ensure safety for students and supervisors during the epidemic. … [Read more...] about Hanoi disinfects exam sites to mitigate COVID-19 risk
Ciputra Group (Indonesia) has been implementing many projects in Vietnam, including Nam Thang Long Urban Area Ciputra Hanoi (1996) - the first large-scale real estate project in Vietnam. It’s considered as one of the most modern closed urban areas in Hanoi, with an initial registered investment capital of 2.1 billion USD. In photo: Prime Minister Nguyen Xuan Phuc receives President of Ciputra Group, Budiarsa Sastrawinata, during the Prime Minister’s visit to Indonesia, October 12, 2018 (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development
The Ministry of Foreign Affairs has instructed the Vietnamese Embassy in Russia, which also is in charge of Uzbekistan, to contact the workers to get updated on their conditions, and talk to concerned companies and local authorities to ask for necessary measures to take care of the health of the workers. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia August 7
Hanoi (VNA) – The EU–Vietnam Free Trade Agreement (EVFTA), which came into effect on August 1, not only opens up opportunities to spur Vietnam's economy but also offers new prospects to European economies at a time of global financial uncertainties, according to the German press agency DPA. In a recent article, the agency quoted Vietnamese Prime Minister Nguyen Xuan Phuc as saying that the deal "opens up opportunities" to boost Vietnam's economy. In an opening speech at a video conference to optimise the deal, PM Phuc urged authorities to ensure international labour standards are met and measures are taken to protect the environment. He also expressed hope that the agreement will ensure Vietnam's products meet European standards and increase jobs. Jean-Jacques Bouflet, Vice Chairman of the European Chamber of Commerce in Vietnam, was also cited as saying that in a recent survey, 74 percent of European business leaders said the EVFTA will have a positive impact. … [Read more...] about EVFTA offers new prospects to European economies