Vice Chairman of the Dong Thap People’s Committee Chau Hong Phuc addresses the conference (Photo: VNA) Dong Thap (VNA) – The Mekong Delta province of Dong Thap held a conference in its Cao Lanh city on December 4 to seek ways to boost trade and investment partnership with Champasak, Salavan provinces and Vientiane city of Laos. Addressing the event, part of the ongoing Dong Thap trade and investment fair 2018, Vice Chairman of the provincial People’s Committee Chau Hong Phuc highlighted the sound solidarity and friendship between Vietnam and Laos, as well as between Dong Thap and the three Lao localities in particular. Along with various exchange activities, Champasak has presented many scholarships to Dong Thap officials to study the Lao language, while Dong Thap has received 27 Lao students to study at the province’s Medical College and Community College, he noted. However, Phuc held that trade and investment activities between the two sides have yet to be … [Read more...] about Dong Thap strengthens trade, investment partnership with Lao localities
Investing
US$8.3 billion invested in industrial parks and economic zones
To date, the country has established 326 industrial zones with a total natural land area of 93,000 hectares. — Photo cafef.vnViet Nam News HÀ NỘI — In the first 11 months of this year, total foreign direct investment (FDI) in new industrial and economic zones increased by US$8.3 billion, according to the Department for Economic Zones Management under the Ministry of Planning and Investment. Industrial parks and economic zones registered for 560 new FDI projects with total investment capital of over $5.3 billion and increased capital for nearly 500 FDI projects with a total investment of more than $3 billion. By the end of November, industrial and economic zones had attracted a total of about 7,500 domestic investment projects with a total registered capital of nearly VNĐ970 trillion (US$41.45 billion) and about 8,000 FDI projects with a total registered capital of over $145 billion. To date, 326 industrial zones have been established with … [Read more...] about US$8.3 billion invested in industrial parks and economic zones
Japanese investors eye on Danang’s investment environment
It is also part of the city’s activities in 2018 aiming to mark the 45th anniversary of the establishment of diplomatic relation between Vietnam and Japan. The conference also is to popularize the city latest information of economy, people, infrastructure and other strategies to Japanese investors. Around 100 delegates including representatives from the Japanese Embassy to Vietnam, Japan Business Association in Vietnam, Danang, domestic and Japanese enterprises. Deputy Chairman of Danang Ho Ky Minh said Vietnam in general, Danang in particular highly appreciated contribution of Japanese investors in the country’s socio-economic achievements. For the years, Danang leaders have affirmed Japanese investors have been top investors in the city. As a result, Danang lured 670 FDI projects with total registered capital up to US$ 2.88billion. Of these, Japan invested 163 projects in the city worth US$ 675million. Many investors’ ideas have been raised at the conference … [Read more...] about Japanese investors eye on Danang’s investment environment
RoK’s Lotte Group wants to expand investment in Hà Nội
Chairman of the Hanoi People’s Committee Nguyễn Đức Chung (right) and Lotte Chairman Shin Dong-bin. — VNA/VNS Photo Lâm KhánhViet Nam News HÀ NỘI — Chairman of the Hanoi People’s Committee Nguyễn Đức Chung had a working session on Monday with Lotte Chairman Shin Dong-bin from the Republic of Korea (RoK) on the group’s business results in 2018 and its plan to expand investment in the capital city. According to Shin, Lotte has injected VNĐ40 trillion (US$1.7 billion) into its projects in Việt Nam and created around 20,000 jobs for local workers. In addition, the group has supported Việt Nam in training workers and in start-up projects. Some Lotte scholarships have been granted to excellent Vietnamese students since 2008, while Vietnamese start-ups have received assistance from the group since 2016. Lotte is carrying out a number of large projects in Hà Nội, including the … [Read more...] about RoK’s Lotte Group wants to expand investment in Hà Nội
Hanoi welcomes Lotte Group to expand investment
The Hanoitimes - Lotte has injected VND40 trillion (US$1.71 billion) in its projects in Vietnam and created around 20,000 jobs here. Hanoi welcomes South Korea’s Lotte Group to expand its investment in the capital, said Chairman of the Hanoi People’s Committee Nguyen Duc Chung at a reception for Lotte Chairman Shin Dong-bin on December 3. Participants at the meeting. Photo: Kinhtedothi.vn During the talks, the two sides discussed Lotte Group’s business results in 2018 and its future plan to expand investment in the capital city. According to Shin, his visit to Vietnam aims to check a number of large projects in Hanoi, including Lotte Mall in Tay Ho district, as well as to consider expanding Lotte Group’s investment in Vietnam in the coming time. He stressed that Lotte wishes and strives to improve its projects’ quality in Vietnam, through the transfer and application of South Korea’s advanced technologies. Besides, the group focuses … [Read more...] about Hanoi welcomes Lotte Group to expand investment