The French Chamber of Commerce and Industry in Vietnam held France-Vietnam Business Forum in HCM City on September 7. More than 200 business leaders attended the forum with the aims to promoting trade and investment between the two countries. The event was organised to coincide with the visit of President François Hollande to HCM City on the second day of his state visit to Vietnam. Speaking at the forum, Chairman of the municipal People’s Committee Nguyen Thanh Phong highlighted the relationships between Vietnam and France has been constantly enhanced, adding that the French President's visit to Vietnam creates the foundation to promote the bilateral economic cooperation, opening up new trading opportunities for the business community of the two nations. Chairman of the municipal People’s Committee Nguyen Thanh Phong speaks at the forum. According to Nguyen Thanh Phong, the city is the economic hub of Vietnam and an attractive investment destination for foreign … [Read more...] about France-Vietnam business forum promotes trade and investment cooperation – News – Investment
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The Hanoitimes - Last year Quang Ninh publicized master-plans for Hoanh Mo-Dong Van and Mong Cai border economic zones with visions until 2030. The planning is an important foundation for developing Quang Ninh’s border areas. Located in Binh Lieu district bordering the port city of Fangcheng in China’s Guangxi province, the Hoanh Mo-Dong Van border economic zone is slated to become an interdisciplinary economic zone that contributes to trade, economic restructuring, and improving local people’s lives. Cao Tuong Huy, secretary of Binh Lieu’s Party Committee, said the popularity of Hoanh Mo border crossing will rise when the government officially recognizes Hoanh Mo as a bilateral border gate. Meanwhile China is stepping up efforts to make the border crossing an international gate and constructing a highway linking this area with Phong Thanh. “We realize that it’s necessary to give up dependence on the state and business support. We can escape poverty … [Read more...] about Development prospects of border economic zones in Quang Ninh – Industrial zone – Investment
Addressing the event, Prime Minister (PM) Phuc hailed the investor for pouring investment into a remote area and using advanced German technology and noted that the factory should use natural resources in an effective and economical manner. The PM highlighted that the project will benefit from advanced technology imported from Germany. The 12 trillion VND (527 million USD) plant, with a total capacity of about 4.5 million tonnes per year, is expected to generate thousands of jobs for local people and revenues for the local budget. He asked investors to complete the project within 18 months so as to contribute to the local socio-economic development. The project should strive for a long-term sustainable operation by focusing on protecting the environment rather than exploiting it for a short time, the PM noted. The Cabinet leader also asked Binh Phuoc province to create favourable conditions for the investors during construction and to ensure the safe relocation of local residents for … [Read more...] about Prime Minister breaks ground for construction of Minh Tam Cement Factory – On-going projects – Investment
Hanoi (VNA) - The Central Higlands province of Dak Lak will introduce 15Â key projectsÂ thatÂ requireÂ investment from domestic and foreign investors atÂ aÂ conference to be held in Buon Me Thuot city on March 11. These projects, expected to costÂ some 22.7 trillion VND (nearly 1 billion USD),Â will cover a wide range of sectors,Â including hi-tech agricutlure, industry, construction and tourism,Â baodautu.vnÂ quoted the provincial Investment Promotion Centre as saying. Statistics from the Foreign Investment Agency revealed that the province attracted only 13 foreign-invested projects, worth 136 million USD, as of February 20, ranking 51th among 63 localities nationwide in term of investment attraction. To attract more investment, local authorities are offering a number of favourable policies and streamlining administrative procedures to provide optimum conditionsÂ for investors, according to the provincial Department of Planning and Investment. The province has always considered … [Read more...] about Dak Lak to seek investment at upcoming conference
Danang has been designated by the central government to be the core city of the Key Economic Zone in central Vietnam, the entrance to the UNESCO World Heritage sites, and the terminal point of the East-West Corridor linking with Laos, Thailand and Myanmar. It is clear that Danang's location makes it a strategic location from which your business can access potentially rich Vietnamese and other Asian markets.I. STRATEGIC LOCATION The coastal city of Danang is situated at the very heart of Vietnam, 759km from Hanoi and 960km from Ho Chi Minh City. It lies on the north-south communications axis of land ( National Road 1A), rail, sea and air routes. Danang borders Thua Thien - HueProvince in the north, QuangNamProvince in the south and the west, and the EasternSea in the east. It is located in a typical tropical area influenced by monsoons with an annual average temperature of 25.7C. The city has a natural land area of 1,256km2 and a population of 887,069 as of 01 April 2009. … [Read more...] about Why invest in Danang?