Fdi

The award bagged by KONE Vietnam, the local entity of Finland-based world’s leading enterprise in the elevator and escalator industry, recognising the company's efforts towards being a trusted partner for developing smart and sustainable cities. Representative of KONE Vietnam receiving the Smart City Award 2022 Its KONE DX class elevator has been featured in “Solution for smart building / apartment” category and KONE is the first and only FDI company named for this award. With the goal of optimising the project's functions, investors are increasingly interested in installing high-quality, smart elevators. In Vietnam, KONE is one of the leading elevator suppliers, prominent with premier projects such as InterContinental Grand Ho Tram, Le Meridien Saigon, JW Marriott Hanoi, InterContinental Nha Trang, Pullman Phu Quoc, Masteri Centre Point, Lotte Mall Hanoi, WINK Hotels, GO! supermarket chains, among others. The "Smart City Award 2022” is a worthy recognition for … [Read more...] about KONE Vietnam shines at Smart City Award 2022

Support industry limitations According to the Nghe An Province Department of Industry and Trade, the province's support industry has grown rapidly in recent years thanks to a number of large-scale foreign invested projects in the fields of manufacturing and supplying electronic components and accessories. Nghe An's production value of support industry products reached about VND7.6 trillion in 2021, accounting for 9.51 percent of the province's total industrial production value Nghe An's production value of support industry products reached about VND7.6 trillion in 2021, accounting for 9.51 percent of the province's total industrial production value. The production value of domestic support industry enterprises hit about VND2.1 trillion, making up 2.63 percent of the province’s total industrial production value. Support industries are found in the fields of electronics, packaging, textiles and garments, engineering and more. However, support industry enterprises … [Read more...] about Wanted: Foreign investors for Nghe An

VCCI Vice President Vo Tan Thanh speaks at the workshop. (Photo: VNA) Canada is currently Vietnam's second largest trading partner in the American market, while Vietnam is Canada's largest trading partner in the Association of Southeast Asian Nations (ASEAN). Since the establishment of their comprehensive partnership in 2017, trade turnover between the two countries has increased strongly, recording more than double-digit growth over the years. Between 2017 and 2021, the bilateral import-export value rose from US$3.5 billion to US$6.03 billion. In the first seven months of 2022, the figure stood at over US$4.27 billion. VCCI Vice President Vo Tan Thanh said Vietnam has great potential in supplying items such as textiles, garments, footwear, farm produce, and wooden products to the Canadian market, while Canada is a reliable manufacturer of such items as machinery, and raw materials for industrial production. Although trade between the two nations has made positive progress, … [Read more...] about Workshop spotlights Vietnam-Canada investment opportunities