“Along with newly-registered projects, multinational groups which are already present in Vietnam are also looking to expand their local facilities, thus the government has ordered the establishment of the working group, which will work with each of them to discuss their difficulties as well as their individually proposed incentives and then build solutions so that they can continue disbursing capital,” Thang told VIR. “Furthermore, the taskforce will monitor the progress of those projects which have been licensed but have yet to begin construction.” … [Read more...] about Post-pandemic focus for new investments
Investment fund vietnam
Vietnam attends 33rd ASEAN-U.S. Dialogue
The two sides agreed to further deepen the bilateral strategic partnership and cooperation in the coming time, as well as implementing effectively current cooperation programs and initiatives such as ASEAN-U.S. Trade and Investment Framework, ASEAN-U.S. Connect Initiative, ASEAN-U.S. Smart Cities Partnership, and Young Southeast Asian Leaders Initiative. … [Read more...] about Vietnam attends 33rd ASEAN-U.S. Dialogue
Covid-19 pandemic boots Vietnamese football where it hurts
"In each season, Thanh Hoa FC has spent about VND25 billion on bonuses for the players and VND3.2 billion a month on salary, accommodation, meals and transportation for the team. These expenses were supported by the province’s budget and other enterprises. If the league stops now, we don’t have to waste VND3.2 billion in August anymore. But if it continues like this, I think VPF should give the clubs financial aids," said Thanh Hoa FC President Nguyen Van De. … [Read more...] about Covid-19 pandemic boots Vietnamese football where it hurts
Seaport fees should be increased: say insiders
Hanoi (VNS/VNA) - Container loading and unloading service charges should be increased to approach the regional level so investors would not feel hesitant when pouring money into developing seaports. The proposal was raised at a recent online conference held by the Vietnam Maritime Administration to discuss measures to remove difficulties for seaport and marine transportation companies. Statistics showed container loading and unloading services charges of seaports in Vietnam were much lower than other regional countries. According to Nhu Dinh Thien, Deputy General Secretary of the Vietnam Ship Agents and Brokers Association, the charges were about 33-53 USD per 20ft container and 57-98 USD per 40ft container. In comparison, Thailand charges around 59 USD per 20ft container and 91 USD per 40ft container, Singapore 111 USD and 159 USD and Cambodia 65 USD and 95 USD, respectively. Nguyen Tuong Anh, general director of Hai Phong Port, said with such low services charges, it would … [Read more...] about Seaport fees should be increased: say insiders
Support a prerequisite for Vietnamese groups to make major mark in Singapore
As a result, the two countries have opened their door for more funding from domestic enterprises and become promising investment destinations. However, apart from advantages of this, the enterprises of one country investing in the other also face difficulties because of legal and culture differences among countries. Therefore, solutions need to be recommended to deal with these problems. Singapore has a huge investment in Vietnam and has one of the highest foreign direct investment (FDI) inflows into Vietnam. Specifically, in 2017, Vietnam attracted strong FDI from Singapore, ranked third behind the Republic of Korea and Japan in the primary sectors of infrastructure, consumption and processing, agriculture, and food. … [Read more...] about Support a prerequisite for Vietnamese groups to make major mark in Singapore
