“Thus, Hà Giang will need more big investors,” Phúc said. He said good business models and projects with inclusiveness and spillover effects, which provide jobs and stable incomes for local residents, should be targeted. This is key for the rise of the northwest region in general, and Hà Giang Province in particular, adding that the province had significant potential and competitive advantages in agriculture, medicinal plantation, tourism and border trade. “Hà Giang Province must accompany business,” Phúc said, urging the development of a transparent and constructive government, cost-cutting for firms and improving overall competitiveness. Administrative reform must also be hastened together with improving land access for businesses, Phúc said. Specially, Hà Giang should focus on boosting tourism through diversifying tourism products, developing community-based tourism, restoring and promoting traditional festivals and cultural … [Read more...] about Hà Giang attracts $706 million in investment
Investment
Vietnam encourages Singaporean investments: NA Chairwoman
The top legislator made the pledge when addressing the Vietnam-Singapore Business Dialogue on November 27 as part of her official visit to Singapore. Vietnam will continue to create the best possible business environment towards standards set by the Organization for Economic Cooperation and Development (OECD), she said. She added that Vietnam is working to improve the country’s competitive edges by developing infrastructure and financial systems, improving the quality of human resources and facilitating all economic sectors to economic growth, with a focus on the private economic sector. NA Chairwoman Ngan highlighted that the country is focusing on completing its legal framework for the Public-Private Partnership (PPP) model in infrastructure development. She said Vietnam will soon announce a list of priority PPP projects and called on Singaporean investment funds and groups to invest in those projects. At the same time, the country is promoting start-up and … [Read more...] about Vietnam encourages Singaporean investments: NA Chairwoman
Vietnam, Slovakia vow to promote trade and investment cooperation
NDO – Vietnam and Slovakia have vowed to continue to improve the effectiveness of the cooperation mechanism under the two countries’ Joint Commission on Economic Cooperation, while strengthening trade promotion and investment, in addition to encouraging and creating favourable conditions for businesses from both sides to connect and survey each other’s market.The commitment was made during talks in Hanoi on November 27 between host Deputy Prime Minister Vuong Dinh Hue and his Slovakian counterpart Peter Pellegrini, who is on an official visit to Vietnam from November 25 to 28.Welcoming his guest, Deputy PM Hue expressed his belief that the visit would significantly contribute to bringing the traditional friendship and multifaceted cooperation of 67 years between Vietnam and Slovakia to new heights, meeting the interests and expectations of the two countries peoples.The host also recalled his good impression of Slovakia during an official visit by the Vietnamese … [Read more...] about Vietnam, Slovakia vow to promote trade and investment cooperation
Singaporean businesses urged to expand investment in Vietnam
NDO – Chairwoman of the National Assembly (NA), Nguyen Thi Kim Ngan, has called on Singaporean firms to continue investing and expanding their business production activities in Vietnam, across the spheres of tourism, education, smart city, finance, renewable energy, high-tech agriculture and real estate, among others. * NA Chairwoman visits Vietnamese Embassy in SingaporeThe senior legislator made the appeal while meeting with representatives from Singaporean companies investing in Vietnam on November 27, as part of her official visit to Singapore at the invitation of Singaporean Parliament Speaker Tan Chuan Gin.She hailed Singapore as an important partner of Vietnam, stating that the two countries are geographically close to each other, thus possessing a lot of cooperation potential and advantages for the benefits of both sides.At the meeting, representatives from Singaporean firms updated the NA leader on their investment and business situation in Vietnam, whilst putting … [Read more...] about Singaporean businesses urged to expand investment in Vietnam
HCM City calls for investment into waste-to-energy projects
HCM City will offer many preferential policies for projects using technology application in waste treatment to produce electricity.On November 26, HCM City held a forum to seek investment for these projects, attracting more than 40 local and foreign investors. Around 8,700 tonnes of rubbish from household activities are discharged daily in HCM City At the event, Nguyen Toan Thang, director of the municipal Department of Natural Resources and Environment, said that 8,700 tonnes of rubbish from household activities were discharged daily in the city.The city’s solid waste per capita is forecast to reach 1.3 kilos daily by 2025 compared to the current 1 kilo. Meanwhile, the majority of these are buried. So, it is an urgent need for the city to change the waste treatment technology to avoid problems.Associate Prof. Dr. Phung Chi Sy from the department said that burying rubbish is a waste of land and affects water resources. Incineration technology has been more widely in many … [Read more...] about HCM City calls for investment into waste-to-energy projects