Vietnam is one of the most important partners of ours and provides policies and financial packages to Japanese companies to invest and do their business in Vietnam, focusing on such industries as power, energy, and manufacturing. Most assistance from us is spent on power projects, equivalent to 13 per cent of the total power supply, including electrification, thermal power, and some projects related to altering renewable energy. … [Read more...] about Japanese companies enticed by local investment climate
Foreign investment inflows
India’s most valuable stock Reliance Industries rose about 1.3% ahead of an annual general meeting due later in the day after Bloomberg reported on Tuesday that Alphabet Inc’s Google was in advanced talks to invest $4 billion in the digital arm of the conglomerate. … [Read more...] about Reliance, IT stocks lift Indian shares as vaccine hopes boost optimism
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?
Minister of Industry and Trade Tran Tuan Anh spoke at the conference After 25 years of economic integration, ASEAN has become one of the most vibrant and dynamic economies in the world. In particular, the formal establishment of the ASEAN Economic Community at the end of 2015 was a major milestone in the regional economic integration agenda of ASEAN, which made it become the fifth largest economy in the world with a combined GDP of 3 trillion USD in 2018, a trade powerhouse with the regional trade reached 2.8 trillion USD in 2019, and a promising investment destination with total FDI inflows of 160.6 billion USD in 2019. … [Read more...] about Converging Mekong sub-regional cooperation with ASEAN goals