HCM City (VNA) - Garment, food processing, pharmaceuticals, information technology (IT), construction materials, and renewable energy are fields of potential where businesses from Vietnam and India can bolster investment in the time to come. This view was shared at the India-Vietnam Investment Forum, held jointly by the Indian Consulate General in Ho Chi Minh City, the Private Economic Development Research Board, the Investment & Trade Promotion Centre of HCM City, and VinaCapital Group on January 22 in HCM City. Don Lam, deputy head of the Private Economic Development Research Board and CEO of VinaCapital, said Vietnam’s private sector continues to expand despite the COVID-19 pandemic. Nearly 135,000 new enterprises with combined capital of 2.2 quadrillion VND (95 billion USD) were set up last year, a 29 percent increase in registered capital compared to 2019. Vietnamese businesses, both large and small, are ready for economic recovery and development, he said, adding … [Read more...] about India-Vietnam Investment Forum held in HCM City
Director of strategic partnerships
Co-operation a win for real estate groups
To developers, integrated marketing and public relations solutions do not stop at online marketing strategies, but extend to constant interaction with potential customers through product launches and customer appreciation events, in order to make authentic connections with customers and entice them to experience and purchase real estate products. One of the most recognisable partners of many real estate developers in this field is MuaBanNhaDat.vn – the reputable online platform for real estate news, with extensive knowledge in building a solid community including sellers, buyers, and developers. Over the years, MuaBanNhaDat.vn has won the trust of many customers and strives toward the objective of developing the Vietnamese real estate market as a whole. … [Read more...] about Co-operation a win for real estate groups
Caution urged for SME fund processes
Nguyen Duc Thuan, director of the Vietnam Environment Protection Fund under the Ministry of Natural Resources and Environment, shared his experience on loans disbursement and examination. “Before granting loans to any businesses, funds must ensure checking information from the Credit Information Centre, as well as double-check their financial capacity and debt payment ability. As a state-owned fund, the SMEDF should take a very cautious view on conducting evaluation and loan appraisals processes.” … [Read more...] about Caution urged for SME fund processes
Trade remedies applied on Vietnam’s surging timber exports
Pham Chau Giang, Deputy Director of the Trade Remedies Authorities of Vietnam, said that in the context of Vietnam’s involvement in various free trade agreements (FTAs), including the EU-Vietnam Free Trade Agreement that took effect on August 1, 2020, Vietnamese exporters cannot ignore trade remedies such as anti-dumping, anti-subsidy and safeguard measures. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports
Hitachi ABB Power Grids expands transformer manufacturing in Vietnam
To power its economy – one of the fastest-growing countries in the region – Vietnam aims to tap into its tremendous renewable energy potential, seen in 4-5kWh per square metre of solar incidence and 3,000 kilometers of coastlines with consistent winds in the range of 5.5 to 7.3 metres per second. … [Read more...] about Hitachi ABB Power Grids expands transformer manufacturing in Vietnam