Such a deal would ensure a more comprehensive bilateral cooperation in various spheres, especially economy and trade, stated the Spokesperson of Vietnam’s Ministry of Foreign Affairs Le Thi Thu Hang.
VietNam Economic News
Development of support industries is vital to improving the quality of the economy and attracting additional foreign direct investment (FDI). In addition to help provided by state policies, supporting industry enterprises must intensify their efforts to adapt to the global production chain.
Vietnam will continue pumping a great deal of money into public investment with a view to reaching the country’s economic growth goal for next year.
Prime Minister Nguyen Xuan Phuc on December 3 called on Siam Cement Group (SCG) of Thailand to expand its investment and business in Vietnam, thus helping to attract more big groups from Thailand and other countries to Vietnam in the time ahead.
The 2020 Viet Nam International Medical, Hospital and Pharmaceutical Exhibition (Vietnam Medipharm Expo) is taking place from Thursday until Saturday in Ha Noi, featuring 60 foreign and domestic exhibitors.
Foreign direct investment in Viet Nam's agriculture sector remains limited despite the industry's enormous potential.
With the total investment capital of over VND2.4 trillion ($104.35 million), Korea-Tra Vinh Wind Farm covers 1,200 hectares sea surface and land area. It has 12 turbines with a capacity of 48MW, producing 155 million kW of electricity annually.
Investments in forex trading platforms, seen as illegal, would not be protected by law, said a senior official of the central bank.
Minister of Planning and Investment Nguyen Chi Dung outlined five major solutions for Vietnam to realize its socio-economic development goals in 2020.
Despite obstacles caused by the global health crisis, foreign investors and an alliance of venture capital funds have committed over $900 million for Vietnamese entrepreneurship, showing their trust in the potential of the domestic startup ecosystem.