The Foreign Investment Agency of Viet Nam, under the Ministry of Planning and Investment, launched the third phase of E-regulations system on June 29.
After two years’ delay, the Ministry of Science and Technology finally began the construction on vital infrastructure facilities for the Hoa Lac Hi-tech Park in Hanoi.
The Mid-term Vietnam Business Forum 2015 on enhancing enterprise competitiveness for global integration was organized. Prime Minister Nguyen Tan Dung said that Vietnam would continue improving the business environment in a context of increasing international economic integration.
The Prime Minister has ratified Decree 60/2015 to replace Decree 58, which included a long-awaited regulation on removing limits on foreign ownership in listed companies.
Minister of Industry and Trade Vu Huy Hoang said that foreign companies should not be concerned about power supplies as they had remained good since 2011 and Vietnam had pledged to provide enough power for the economy.
Eurasian Economic Union-Vietnam FTA: Creating engine for Vietnam-Russia trade development
Vietnam says it will end restrictions limiting the stake foreigners can own in some locally-listed companies, the latest move by the communist country to open up to overseas investments.
In a talk with Vietnam Economic News’ Nguyen Huong, SMC Pneumatics Vietnam General Director Gerald Ho said Vietnam would remain an attractive destination for investors in the next five years, especially when the ASEAN Economic Community (AEC) is established.
As Vietnam will integrate into the ASEAN Economic Community (AEC) in 2015, not only large corporations but also foreign banks plan to strengthen their presence or expand their scale in Vietnam.
Vietnam is the second largest textile and garment exporter to the Republic of Korea (RoK), making up one-fourth of the RoK's apparel market, after China.
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