The northern province of BacNinh granted investment certificates to 21 foreign direct investment (FDI) projects with total registered capital of more than 200 million USD in the first three months of this year.
For the few remaining tariffs, both parties will grant each other tariff quota or tariff reduction. This can be seen as the highest level of commitment that Vietnam has achieved in the FTA has been signed so far.
U.S. citizens will have to wait for about 1.5 months to be able to get a new, longer-duration visa, compared to the current three-month single-entry one, to enter Vietnam.
The Ministry of Planning and Investment has drafted a new set of rules which seek to make it easier for local and foreign venture capital funds to operate in Vietnam, where startups are in dire need of funding.
Vietnam remains a new bright spot for Korean investors in Southeast Asia, as evidenced by their increasing presence in Vietnam.
Mobile electronic commerce or m-commerce is soon set to take off in Việt Nam thanks to the increasing number of mobile phones and rapid internet development, experts have predicted.
HCM City is calling for foreign investment in the automobile manufacturing industrial cluster located in the city's Cu Chi outlying district.
Recently, the Economic and Commercial Counsellor of the Chinese Embassy in Vietnam Hu SuoJin said that trade relations between Vietnam and China are rapidly developing and Vietnam surely will become the biggest ASEAN trade partner of China in 2016.
Many foreign enterprises are keen on investing in the Vietnamese mining market due to the country’s huge mineral resources awaiting exploitation.
Seoul, the capital of the Republic of Korea (RoK), has worked to enhance cooperation relations with ASEAN’s capitals across the fields of public transport and water treatment, aiming to lay a foundation for closer ties between the two sides.
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