Home Economy

Quang Ninh pairs with China firm

Aug 30th at 13:23
30-08-2013 13:23:41+07:00

Quang Ninh pairs with China firm

The northern province of Quang Ninh and China's Texhong Textile Group signed an investment co-operation deal in the city on Wednesday.

At the signing ceremony, Chairman of the provincial People's Committee Nguyen Van Doc pledged the provision of all possible support for the group to kick-start projects in the locality.

He said Quang Ninh considers Texhong Textile Group as its strategic investor.

Chairman of Texhong Textile Group Hong Tianzhu, for his part, noted that the province's support has made foreign investors, especially Texhong, more confident in doing business in the locality.

Last year, Texhong started construction on a US$300 million fiber plant in the Hai Yen industrial zone, Mong Cai City. Once completed in 2017, it is expected to generate jobs for 4,500 local people.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Selling stakes at loss or doing nothing, SOEs?
ECONOMY Aug 29th at 13:44

Selling stakes at loss or doing nothing, SOEs?

State owned enterprises (SOEs) are sure of loss if they sell stakes to withdraw capital from the enterprises they invested in. However, the State, the real owner of...

PM says stable economy, budget control best ways to fight inflation
ECONOMY Aug 29th at 13:34

PM says stable economy, budget control best ways to fight inflation

Prime Minister Nguyen Tan Dung yesterday requested ministries and agencies to make all-out efforts to implement the dual targets of maintaining macro-economic...

African exports jump by up to 36% in seven months
ECONOMY Aug 29th at 13:32

African exports jump by up to 36% in seven months

Viet Nam's exports to some large African countries experienced remarkable increases over the past seven months, according to the General Department of Viet Nam...

Khanh Hoa targets $2.4bn in exports by 2020
ECONOMY Aug 29th at 13:31

Khanh Hoa targets $2.4bn in exports by 2020

The central coastal province of Khanh Hoa has set an export revenue target of $2.4 billion by 2020 with an annual export growth rate average of at least 12 per cent.

Maersk Line increases Q2 volume
ECONOMY Aug 29th at 13:31

Maersk Line increases Q2 volume

Shipping firm Maersk Line Viet Nam and Cambodia has seen its second quarter volume increase by 9 per cent and revenues decrease by 3 per cent over the same period...

Viettel pushes for tax exemption
ECONOMY Aug 29th at 13:24

Viettel pushes for tax exemption

Vietnamese telecoms provider Viettel Group has submitted an official document to the Prime Minister requesting a five-year tax exemption on imported mobile phone...

Joint efforts help Mekong economy
ECONOMY Aug 29th at 13:22

Joint efforts help Mekong economy

HCM City's co-operation programmes with southern provinces and Can Tho City have improved business and production links between them in recent years.

HCM City prepares for sales promotion
ECONOMY Aug 29th at 13:21

HCM City prepares for sales promotion

The annual sales promotion month in HCM City next month is expected to boost retailers' sales.

Bunfight over mooncakes
ECONOMY Aug 29th at 13:16

Bunfight over mooncakes

The mooncake market is getting busier as the Mid-Autumn Festival approaches fast and the slower economy has stepped up competition in the confectionery market.

Viet Nam, Russian trade grows to $3.7bn
ECONOMY Aug 29th at 13:15

Viet Nam, Russian trade grows to $3.7bn

Bilateral trade turnover between Viet Nam and Russia is set to increase to US$7 billion by 2015, thanks to the steady growth started since 2007.

Read More

MOST READ

Back To Top