Duvernay infrastructure development

According to Nikkei Asian Review, the factory for Apple products in the Dong Mai Industrial Zone (IZ) in Quang Ninh province exported the first consignment of LCD screens last week to take full advantage of the RCEP (Regional Comprehensive Economic Partnership), which was signed recently. The company will also increase production capacity in Vietnam. … [Read more...] about American corporations relocate to Vietnam as costs rise in other locations

CAAV suggested applying the same model that was applied to the Van Don International Airport project in Quang Ninh Province, in which private investors will construct, manage and operate the airport under the PPP format with build-operate-transfer contracts. … [Read more...] about CAAV proposes developing six airports under PPP format

To improve the fund’s effectiveness, UNDP Resident Representative in Vietnam Caitlin Wiesen stressed the need to have a better understanding of the financial ecosystem for SMEs in Vietnam and a strategic role for a new lending channel to boost existing domestic funding. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

The representative of AVG Capital is committed to complying with local regulations, especially environmental protection standards. Once completed, the project will bring benefits to Thanh Hoa, creating jobs for the locals and contributing to the province’s economic development. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa