Strategic partnership agreement

Deputy Minister of Defence Senior Lt General Nguyen Chi Vinh listens to a report about initial dioxin-remediation results in the Bien Hoa Airbase area. Photo courtesy of USAID The event was organised earlier this week by the US Mission to Vietnam, Dong Nai Province People’s Committee, Vietnam’s Air Defense Air Force Command (ADAFC), and the Ministry of National Defense. … [Read more...] about Vietnam, the US celebrate progress on partnership addressing war legacies

HCM City (VNA) - Garment, food processing, pharmaceuticals, information technology (IT), construction materials, and renewable energy are fields of potential where businesses from Vietnam and India can bolster investment in the time to come. This view was shared at the India-Vietnam Investment Forum, held jointly by the Indian Consulate General in Ho Chi Minh City, the Private Economic Development Research Board, the Investment & Trade Promotion Centre of HCM City, and VinaCapital Group on January 22 in HCM City. Don Lam, deputy head of the Private Economic Development Research Board and CEO of VinaCapital, said Vietnam’s private sector continues to expand despite the COVID-19 pandemic. Nearly 135,000 new enterprises with combined capital of 2.2 quadrillion VND (95 billion USD) were set up last year, a 29 percent increase in registered capital compared to 2019. Vietnamese businesses, both large and small, are ready for economic recovery and development, he said, adding … [Read more...] about India-Vietnam Investment Forum held in HCM City

Hanoi (VNA) – Finland will provide more than 100 million USD for public investment projects in Vietnam, starting from 2021, under a bilateral Framework Agreement on the use of Public Sector Investment Facility (PIF) backed and guaranteed by the Finnish Government. The signing took place on January 21 after several rounds of negotiations between the governments. The signatory from the Vietnamese side was Deputy Minister of Finance Tran Xuan Ha and from the Finnish side was Finnish Ambassador to Vietnam Kari Kahiluoto. The PIF supports the public sector investments in developing countries in line with the Sustainable Development Goals of the UN and utilise Finnish expertise and technology. It supports investment projects in social services provision, such as water supply, environmental sanitation, environment protection, climate change response, energy, and clean technology. In a pre-recorded remark, Finnish Minister for Development Cooperation and Foreign Trade Ville Skinnari … [Read more...] about Finland provides 100 mln USD for public sector investment in Vietnam

According to the Vietnam Timber and Forest Product Association (Viforest), the import of wood products from China has increased rapidly with prices much lower than the cost of production in Vietnam. In the first half of 2020, while the import value of most other kinds of goods decreased, that of wood products increased by nearly 170 percent compared with the same period last year, with imports from China accounting for 83 percent. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports

Racing toward the Year of the Dog, real estate developers continue to introduce diverse and competitive products to the market. However, real experience and real values brought to customers need to be the core focus, similar to the way Gamuda Land is driving forward with establishing a high-end green urban project for customers with the Gamuda City project. … [Read more...] about Co-operation a win for real estate groups