At the reception (Photo: HNMO)He made the statement on December 3rd during his reception for a delegation from the Republic of Korea’s Lotte Group. According to Mr. Chung, over the past time, Lotte Group in Vietnam has worked closely with Hanoi agencies to put the Lotte Mall project into operation. He also expressed his thanks to the group for efforts in preparing for Hanoi’s investment promotion to be held in April 2019, and the signing of the agreement on bringing Hanoi agricultural products to Lotte marts in the RoK. Confirming that Hanoi is a safe and great potential business and investment environment, Mr. Chung said he hoped Lotte Group will expand its investment in the city. During the reception, President of the Lotte Group Shin Dong Bin said that Lotte has actively developed human resources and supported start-up projects in Vietnam. Since 2008, the group has awarded scholarships for some 1,800 Vietnamese students who achieved excellent academic results. Noting … [Read more...] about Hanoi creates favourable conditions for Korean businesses
Business
PM asks for more efforts, coordination between business, Gov’t
PM Nguyen Xuan Phuc attends Viet Nam Business Forum 2018 (VBF) in Ha Noi on December 4, 2018 - Photo: VGP/Quang Hieu Speaking at the event, PM Phuc referred to Viet Nam’s economic growth of 7% in 2018, higher than other nations in the region and the highest figure recorded over the recent 10 years. Viet Nam now is the big factory of the world and a destination for trans-national corporations providing products and services in the region and the world such as Samsung, Intel, Canon, Fujitsu, Toyota, Honda, Nike and Vinacapital, he said. Referring the theme of the forum “Sharing opportunities in the world of changing trade”, Mr. Phuc supposed that trade flows should be taken advantages to achieve more targets in the upcoming time. Viet Nam now has around 20 export items worth more than US$1 billion, he said, adding that the country has inked and negotiated 16 free trade agreements, which have paved the way for its partnership with more … [Read more...] about PM asks for more efforts, coordination between business, Gov’t
PM attends Vietnam Business Forum 2018
PM Nguyen Xuan Phuc on December 4 is attending the Vietnam Business Forum (VBF) 2018, which is themed “Sharing opportunities in the world of changing trade” in Ha Noi. PM Nguyen Xuan Phuc attends the Vietnam Business Forum 2018, Ha Noi, December 4, 2018 - Photo: VGP The forum’s three sessions will focus discussions on resources for infrastructure investment, improving knowledge towards the modern industry, and removing barriers for enterprises. Various presentations will be delivered by working groups on infrastructure, electricity and energy, capital market, banking, trade and investment, tax and customs, education, agriculture and tourism. Representatives from the European Chamber of Commerce in Vietnam (EuroCham), the American Chamber of Commerce (AmCham), the Korea Chamber of Business in Vietnam (KorCham), the British Business Group Vietnam and the Japan Business Association in Vietnam (JBAV) will also address the event. … [Read more...] about PM attends Vietnam Business Forum 2018
PM attends Viet Nam Business Forum 2018
PM Nguyen Xuan Phuc attends the Viet Nam Business Forum (VBF) 2018, Ha Noi, December 4, 2018 - Photo: VGP/Quang Hieu The PM will deliver a speech at the event. The forum’s three sessions will focus discussions on resources for infrastructure investment, improving knowledge towards the modern industry, and removing barriers for enterprises. Various presentations will be delivered by working groups on infrastructure, electricity and energy, capital market, banking, trade and investment, tax and customs, education, agriculture and tourism. Representatives from the European Chamber of Commerce in Viet Nam (EuroCham), the American Chamber of Commerce (AmCham), the Korea Chamber of Business in Viet Nam (KorCham), the British Business Group Viet Nam and the Japan Business Association in Viet Nam (JBAV) will also address the event. According to the report of the Vietnamese Ministry of Planning and Investment, as many as 121,000 enterprises were … [Read more...] about PM attends Viet Nam Business Forum 2018
Hanoi’s supportive policies help businesses thrive
The Hanoitimes - The satisfaction of enterprises and citizens has been identified as the gauge in the operation of Hanoi`s government system. Over the past few years, Hanoi has been supportive to the establishment of enterprises and help household businesses to register and become formal. Illustrative photo. Starting August 2018, Hanoi has waived the cost of setting up new businesses and provided training courses for individual households on start-up and corporate governance. Total financial supports are expected to reach VND73 billion (US$3.14 million) in the 2018 – 2020 period. Additionally, Hanoi’s authority has given priority to supporting enterprises in operation, especially in the field of industry, finance, market expansion and participating in new business models. The city continues to improve the business environments towards a transparent, cooperative, and modern manner, becoming a safe and successful investment destination … [Read more...] about Hanoi’s supportive policies help businesses thrive