bright prospects for the vietnams textile and garment industry

Bright prospects for the Vietnam’s textile and garment industry

The Trans-Pacific Partnership (TPP) and the Free Trade Agreement with the United States and the European Union, as well as other agreements that Vietnam is currently negotiating, will help Vietnam enhance its participation in the global supply chain of textiles and garments.
more south korean enterprises seek business opportunities in vietnam

More South Korean enterprises seek business opportunities in Vietnam

Representatives of ten South Korean enterprises headquartered in Busan arrived in Vietnam to find business opportunities through an event held by the Korea Trade and Investment Promotion Agency (KOTRA Hanoi) on June 24 at the Daewoo Hotel.
ringleader of counterfeit import corporation facing court trial

Ringleader of counterfeit import corporation facing court trial

On June 17, the Investigation Police Bureau for Economic Management Order Offences of the Ministry of Public Security initiated legal proceedings against Nguyen Huy Tho, the director of Romal Vietnam Co. Ltd., for importing counterfeit Chinese appliances branded as German goods.
779 million ha tinh plant licence revoked

$77.9 million Ha Tinh plant licence revoked

The Ha Tinh Economic Zone Management Board has revoked the investment certificate of Ha Tinh Steel Plant eight years after its issuance, according to newswire Vnexpress.
fpt software opens subsidiary in philippines

FPT Software opens subsidiary in Philippines

Vietnam’s FPT Software, a division of FPT Corporation, opened the group’s 20th subsidiary in Cebu, Philippines on May 29.
vietnams import of cars from china skyrocketing over first four months

Vietnam’s import of cars from China skyrocketing over first four months

In the first four months of 2015, Vietnam imported 8,850 cars from China, up by 289 per cent on year, according to data from the General Department of Vietnam Customs.
housing conundrum lideco urban project offers risky opportunities

Housing conundrum: Lideco urban project offers risky opportunities

The million-dollar Lideco urban project of private domestic firm Tu Liem Urban Development JSC (Lideco) offering hundreds of luxury villas, remains desolate and underexploited.
adb starts 600000 project to help vietnam develop microfinance

ADB starts $600,000 project to help Vietnam develop microfinance

The Asian Development Bank (ADB) started a $600,000 technical assistance project on May 12 to help Vietnam carry out its Microfinance Development Program (MDP).
gp invest invests 139 million in trang an complex

GP Invest invests $139 million in Trang An Complex

Global Petrol Investment Joint Stock Company (GP Invest) has revealed official information about its Trang An Complex project, an apartment, office and trading complex in Hanoi.
amata corporation to invest 16 billion in quang ninh project

Amata Corporation to invest $1.6 billion in Quang Ninh project

Amata Corporation, Thailand’s largest industrial developer, is going to co-operate with the Tuan Chau Group to deploy the construction of Amata-Halong City Industrial Estate on an area of 5,790 hectares in Quang Yen town with a total capital of $1.6 billion, according to newswire Cafef.
vingroup to invest 8846 million in haiphong ecological area

Vingroup to invest $884.6 million in Haiphong ecological area

Vietnam’s leading property developer Vingroup will invest VND19 trillion ($884.6 million) in an amusement-accommodation and ecological park complex in Vu Yen Island in Hai Phong City, according to newswire Cafef.
dong nai ranks first in fdi attraction

Dong Nai ranks first in FDI attraction

In the first four months of 2015, the southern province of Dong Nai dethroned Ho Chi Minh City in the amount of foreign direct investment attracted, with 48 projects and $916.75 million in the registered investment capital, according to the monthly report released by the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
cienco subsidiaries cause severe environmental damage

CIENCO subsidiaries cause severe environmental damage

The operation of three asphalt and concrete mixing stations belonging to CIENCO has been causing serious noise and air pollution to people in Van Nhan commune and Phu Minh town in Phu Xuyen district, Hanoi.
south korean tops fdi list in vietnam

South Korean tops FDI list in Vietnam

In the first four months of 2015 South Korea became the biggest foreign investor in Vietnam with 197 projects and $908.88 million in capital, making up 24.4 per cent of the total $3.72 billion in terms of foreign direct investment flowing into the country, according to a recent report by the Foreign Investment Agency (FIA).

Viettel to sell part of subsidiary to finance expansion

Viettel Group is planning to sell a part of its stake in subsidiary Viettel Global Investment JSC (Viettel Global).