S.Korean Enterprises to Tour Vietnam for Investment Opportunities A delegation of around 120 leading South Korean enterprises will tour Vietnam early next month to explore the investment environment in the fast growing economy, said an official from the Ministry of Planning and Investment (MPI). Head of the MPI’s Foreign Investment Department Phan Huu Thang said that the visit led by South Korean Industry, Commerce and Energy Minister is on occasion of Vietnam-South Korea Business Forum, which is scheduled to open in this July 3. To prepare for the event, an another South Korean mission including 40 entrepreneurs, who arrived in Vietnam June 18, suggested that the upcoming forum should focus on the areas of macro policies, commerce and services, natural resources and environment, information technology and energy. They also is seeking permission from the Vietnamese government to set up a joint taskforce to assist South Korean companies to invest in the Southeast-Asian … [Read more...]
Vietnam – Singapore Business Forum 2011: Tremendous Investment Opportunities
Vietnam - Singapore Business Forum 2011: Tremendous Investment Opportunities Vietnam and Singapore established diplomatic relations in 1973 and fostered ties in all areas since then, especially after Vietnam joined ASEAN in July 1995. The two nations have become trade and investment partners. The two-way trade turnover reached US$10 billion in 2010, quadrupling the value in 2000. As regards investment, in the first 11 months of 2011, Singapore was the third largest investor with a total investment capital of US$1.58 billion, accounting for 12.5 percent of the total investment capital of foreign investors. The two countries have made significant contributions to ASEAN’s activities and prospective ASEAN Economic Community (AEC) in 2015. In particular, Vietnam has put forth many initiatives to boost ASEAN economic and commercial cooperation, including the initiatives to formation of ASEAN Economic Community by 2015 or the initiatives to expand multi-dimensional policymaking … [Read more...]
Thai Binh: Potential and Investment Opportunities
Thai Binh: Potential and Investment Opportunities As a coastal province in the Red River Delta, Thai Binh is 110 km from Hanoi, 70 km from Hai Phong and located in the area directly affected by the economic triangle of Hanoi, Hai Phong and Quang Ninh. Thai Binh has a population of 1.78 million, a natural area of 1647.7 km2. Thai Binh has a coastline of 54 km, with 5 large estuaries to the sea, forming a sedimentation of coastal sand dunes, over 5,000 hectares of wetland, is located in the biosphere reserve recognised by UNESCO and intertidal zone of 16,000-18,000 ha, of which 6,000-7,000 ha can be used for aquaculture. Thai Binh has a very rich natural resource, particularly mineral resources. The gas source of Tien Hai has been used for the production of some materials such as porcelain, ceramic and glass of the Tien Hai Industrial Zone. The province is working with the Petrol Vietnam (PVN) to connect the gas pipes from zone 103 and 104 at the coastal line to the Tien Hai … [Read more...]
Yen Bai Boasting Numerous Investment Opportunities
Yen Bai Boasting Numerous Investment Opportunities Yen Bai is located in the heart of the upland northern mountainous region of Vietnam, lying at latitude from 21.024' to 22.017' North and longitude from 103.056' to 105.003' East. The province is bordered by Lao Cai and Lai Chau provinces on the northwest, Tuyen Quang and Ha Giang provinces on the northeast, Phu Tho province on the southeast, and Son La province on the southwest. With its geographic importance, Yen Bai is a crucial link on the Kunming - Lao Cai - Yen Bai - Hanoi - Hai Phong Economic Corridor. The province has nine administrative units, including seven districts, one town and one capital city. It has a population of over 750,000 people from 30 ethnic groups, with the majority Kinh (Vietnamese) accounting for 53 percent. The workforce has over 400,000 people, or 55 percent of the provincial population, adequate to support social and economic development. The transport system is relatively convenient with 4,647 km of … [Read more...]
Tay Ninh Province with Plentiful Investment Opportunities
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Tay Ninh Province with Plentiful Investment Opportunities Huge efforts in calling for investment and administrative reforms have helped Tay Ninh attract many large scale local and foreign investment projects. It is expected that Tay Ninh will achieve strong industrial growth in the coming years. A land of rich potential Tay Ninh is a province of South East Vietnam, bordered by Cambodia and other provinces of the Southern key economic region such as Binh Duong, Ho Chi Minh City and Binh Phuoc. This favourable location promotes Tay Ninh’s dynamic economy. Tay Ninh has two international border gates including Moc Bai and Xa Mat, 4 main border gates and 10 other secondary border gates on the 240km border with Cambodia. Traffic projects crossing Tay Ninh make the province an important international exchange threshold for the region, opening up prospects for the province’s socio-economic development. Tay Ninh is now affirming its important position in cooperation programs … [Read more...]
Dak Nong Province: Potentials & Investment Opportunities
Dak Nong Province: Potentials & Investment Opportunities At the investment promotion conference into Central Highlands held September 5, a director said “you must cross lots of hills and slopes to meet “Dak Nong’s beautiful women”. Making the comparison, the director means that apart from its beauty, Dak Nong still has numerous difficulties. Which difficulties is the central highlands province facing and how do they deal with them? To answer the questions, we have interviewed Mr Nguyen Thanh Son, Director of the province’s Department of Planning and Investment. Dak Nong was compared to a woman in the south of the Central Highlands. What is your opinion about Dak Nong’s beauty? This is a manner of speech! Dak Nong is the southern gateway of the Central Highlands with a convenient transport system including Highway 14, which links to Ho Chi Minh City and Highway 28, which connects the province to provinces of Lam Dong and Binh Thuan. Gia … [Read more...]
Vietnam Comm 07: Promising Cooperation and Investment Opportunities
Vietnam Comm 07: Promising Cooperation and Investment Opportunities The Vietnam International Communications Summit & Expo, known as Vietnam Comm 07, is set to be held in Hanoi City from September 19-22, 2007 by Vietnam Posts and Telecommunications Group (VNPT) and Hong Kong’s Adsale Exhibition Services Ltd. Mr Bui Quoc Viet, director of VNPT Post Information Centre and vice chairman of Vietnam Comm 07 organising board, had a talk to correspondents on this event. Would you mind introducing the theme of this event? The Vietnam Comm 07 is themed Wireless and IT. Main contents as well as top concerns of authorities and society will be presented and exchanged at the incorporated conference, including broadband and wireless application in the future, GSM and the process of upgrading from 2G to 3G, wireless convergence and next generation network (NGN). Why did the organising board name the event Vietnam Comm? What are the differences between Vietnam Telecomp and Vietnam … [Read more...]
Japanese businesses seek investment opportunities in Mekong Delta
Japanese businesses have shown their interest in investing in various fields such as agriculture, health care, education and personnel training during their trip to the Mekong Delta region. At a working session with the Steering Committee for the Southwestern Region in Can Tho city on September 18, Nagazaki Mikio, president of the Japan international human resources development association, who led the business delegation, said their visit aims to seek investment opportunities in the region. Mikio said his association will provide modern equipment under the form of lease for the local medical sector, helping improve the quality of health check-ups and treatment. The Japanese side also promised to grant scholarships to the region’s disadvantaged students with outstanding academic achievements to bring them to Japan for training courses majoring in doctors and laws. Hailing the region’s potential for agricultural development motivated by aquaculture, Mikio, however, noted … [Read more...]
VN offers potential investment opportunities: Dragon Capital CEO
Viet Nam has attractive and potential investment opportunities and this is the message that Dragon Capital will convey to its international investors, said the company's CEO Dominic Scriven. Dragon Capital awarded VND 5 billion (US$ 238.000 ) to Charities Fund at Dragon Capital's 20th anniversary celebrations last Friday.— Photo Ha Huy Hiep HCM CITY (Biz Hub) — Viet Nam has attractive and potential investment opportunities and this is the message that Dragon Capital will convey to its international investors, said the company's CEO Dominic Scriven. "People talked a lot about China and India 10 years ago, but they have now turned much of their interest to ASEAN, and Viet Nam is a highly dynamic economy in the region," noted Scriven. "Viet Nam's determination to implement comprehensive reforms will result in many attractive investment opportunities and that's the message we want to send to our investors throughout the world," he said, at Dragon Capital's 20th … [Read more...]
Investment opportunities for Indian businesses in VN
HA NOI -- Vietnamese trade counsellor Nguyen Son Ha introduced the country's latest investment attraction policy and presented fields open to investment at a seminar in India on May 11. At the seminar on bilateral trade and investment opportunities, counsellor Ha, who is also head of the Vietnamese trade office in India, spoke of the advantages offered by the ASEAN-India Free Trade Agreement (FTA) and ways of boosting two-way trade. The counsellor also called on Indian businesses to actively participate in exhibitions and fairs in Viet Nam. Indian businesses inquired into procedures to set up businesses, representative offices and land lease in Viet Nam, as well as policies on corporate income tax and investment preferential treatment. — VNS … [Read more...]