The government has decided to transfer a major industrial park in the Mekong Delta province of Tien Giang to the local authority after its manager, PetroVietnam's construction subsidiary PVC, failed to attract investors.
All supporting policies for small-and medium-sized enterprises (SMEs), which account for more than 95 per cent of the total Vietnamese enterprises, should be included under one law.
Capital from regional neighbours into Viet Nam is increasing, the Ministry of Planning and Investment's Foreign Investment Agency (FIA) said.
The most popular retail brands in Vietnam are falling into the hands of Thai investors.
The HCM City People's Committee is likely to approve a project to promote support industries next month.
The State Bank of Vietnam has issued strict regulations on the establishment and operation of remittance companies under commercial banks.
In the first two weeks of 2016 the HCM City Export Processing Zone Authority has licensed two FDI projects with a combined registered capital of over 30 mil USD.
The General Department of Energy, on January 18 signed an investment agreement with Taekwang Power Holdings Co. Ltd of the Republic of Korea (RoK).
Industrialization and urbanization has narrowed farming land in Ho Chi Minh City year by year but the city’s agricultural industry has sustained its growth.
At least 67 technology startups in Vietnam received funding last year, a sharp increase from 28 the year before, according to a report Thursday.
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