Business europe vietnam

Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media

The Taiwanese electronics contract manufacturer has so far invested $1.5 billion in Vietnam and created jobs for more than 35,000 workers and the company, formally known as the Hon Hai Precision Industry Co., plans to raise its investment by $700 million and recruit 10,000 more local workers this year, the government said. … [Read more...] about Foxconn unit receives business license for $270 mln Vietnam plant

Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors

Hanoi (VNA) - Vietnam has made an impression on the international community as a safe country with great economic potential, and its success in controlling the COVID-19 pandemic and maintaining economic growth has been miraculous, a Japanese expert has said. Director of Japan’s Vietnam Economic Research Institute (VERI) Hiroyuki Moribe made the comments in a recent interview with a Vietnam News Agency correspondent in Japan, during which he said that one of the most important factors contributing to Vietnam’s economic achievements is that the country did particularly well in controlling the pandemic. Though COVID-19 broke out again in HCM City, Vietnam has kept it under control, he noted, stressing that this is a very important factor in the context of the US and countries in Europe and South America recording an increasing number of infections. Drastic measures to respond to the outbreak, such as border closures, and Vietnamese people’s strict compliance with … [Read more...] about Vietnam’s success in fighting COVID-19, maintaining growth a miracle: Japanese expert

A mangrove forest in Ca Mau province - Illustrative image An environment monitoring project for mangrove aquaculture (AQUAM) in Ca Mau was kicked off on January 15 by the Mekong Delta province's Department of Agriculture and Rural Development, Australia’s University of Queensland and the Greenfield Consulting and Development Ltd (GFD). … [Read more...] about VIETNAM NEWS JANUARY 18