tra vinh welcomes one more wind power project

Tra Vinh welcomes one more wind power project

The Tra Vinh People’s Committee has licensed Korean investor Woojin Construction Co., Ltd. to develop the $247.6 million second phase of the Korea-Tra Vinh wind power farm in Duyen Hai town.
chinese investors forging ahead in vietnam

Chinese investors forging ahead in Vietnam

As of now, Chinese investors, including those from Mainland China, Hong Kong, Taiwan, and Macau, have invested $58.5 billion in 5,011 projects in Vietnam, according to the Ministry of Planning and Investment’s Foreign Investment Agency’s statistics published on May 4.
lgs second 15 billion facility to kick off in early may

LG’s second $1.5 billion facility to kick off in early May

Vietnam will see an impressive soar in its foreign direct investment capital in May with South Korean LG Group’s new $1.5 billion facility to be licensed, among fears that the country may break its current rising trend in FDI.
noone blamed yet for mass dying of fish

Noone blamed yet for mass dying of fish

Vietnam authorities will continue to carry out investigations to clarify the culprit causing the mass fish deaths in the central Vietnam after failing to provide evidences related suspicion on Formosa Group, according to the Ministry of Natural Resources and Environment’s announcement published on April 27.
1798 million hoa phat factory to kick off in hung yen

$179.8 million Hoa Phat factory to kick off in Hung Yen

Steel-maker Hoa Phat Group Joint Stock Company has revealed plans to kick off the construction of its first VND4 trillion ($179.8 million) steel sheet manufacturing factory in May.
first quarter sees electric gadgets trade improve

First quarter sees electric gadgets trade improve

In March, the export value of mobile phones and components was $3.57 billion, up 46.2 per cent on-month, and increasing the sector’s total export value to $8.27 billion in the first quarter of 2016, according to the General Department of Vietnam Customs’ statistics released on April 15.
2000 workers to back to work at kaiyang shoes company

2,000 workers to back to work at KaiYang Shoes Company

Approximately 2,000 workers of Taiwanese shoes maker-KaiYang Shoes Co. Ltd., in the northern city of Haiphong will resume working on April 20 when the company’s management board basically agreed with their requests, according to Vu Ngoc Thuc, deputy chief of the Legal Department under the Haiphong Labour Federation.
fies export import value reaches 50 billion in first quarter of 2016

FIEs’ export-import value reaches $50 billion in first quarter of 2016

Coffee, seafood, and oil and gas fell out of the list of foreign invested enterprises (FIEs)’ ten product categories having the highest export-import value in March.
1000 workers back to work at bluecom vina

1,000 workers back to work at Bluecom Vina

Approximately 1,000 workers of Korean electronics company Bluecom Vina Company Limited (Bluecom Vina) in the northern port city of Haiphong restarted working when the company’s management board agreed to let its workers to have more days off each month, according to chairwoman of the Trade Union under the Haiphong Economic Zones Management Authority Pham Thi Hang.
russias 1 billion automobile complex revoked

Russia’s $1 billion automobile complex revoked

The Nhon Hoi Economic Zone Management Board has just revoked the investment certificate of Russian investor Bus Industrial Center Ltd’s $1 billion complex to produce buses, cars and agricultural equipment due to its long delay in implementation.
vietnamese supporting industries to pass up on tpp opportunities

Vietnamese supporting industries to pass up on TPP opportunities

Vietnamese supporting enterprises see a few opportunities in Vietnam’s signing of new free trade agreements in general and the Trans-Pacific Partnership (TPP) in particular.
vietnams fdi volumes boom in 2016s first quarter

Vietnam’s FDI volumes boom in 2016’s first quarter

In the first quarter of 2016, the total newly-registered foreign direct investment (FDI) capital in Vietnam reached $2.74 billion, up 125.2 per cent on-year, thanks to numerous projects worth hundreds of millions of dollars, according to the Ministry of Planning and Investment’s statistics released on March 23.
conference to lift evfta contradictions

Conference to lift EVFTA contradictions

On March 16, the Vietnam Chamber of Commerce and Industry (VCCI) organised a conference titled “Review of Vietnam’s legal framework against EVFTA commitments on investment-results and recommendations from the perspective of enterprises” in Hanoi.
vietnam to become one of koreas four crucial export markets

Vietnam to become one of Korea’s four crucial export markets

South Korea considers Vietnam one of its four strategic export markets, along with China, Iran, and Brazil. 
italian luxury products to appear on vietnamese market

Italian luxury products to appear on Vietnamese market

Numerous Italian enterprises have plans to expand their luxury product distribution networks to Vietnam by co-operating with Vietnamese distributors.