It is quite possible that Vietnam could become the fastest growing economy in ASEAN over the next few decades and Thai businesses want to join forces and get a front row seat at the table.
Prime Minister Nguyen Tan Dung and his Norwegian counterpart Erna Solberg have agreed to encourage and back their enterprises and investors to explore collaboration opportunities, especially in prioritised areas of maritime economy, seafood, energy, information technology and green growth.
This is the second consecutive year central Danang City has led provinces and cities nationwide in the Vietnam Provincial Competitiveness Index 2014 (PCI 2014) ranking.
It can be affirmed that Vietnam’s economy is changing and a drastic process of restructuring and integration is taking place. Motivation and macroeconomic development will come from the private sector.
U.S. investors are now present in almost all industries in Vietnam and have so far pumped more than US$11 billion into the Southeast Asian country, the Foreign Investment Agency (FIA) said.
Vietnam has effective Tuesday, April 14, cut import taxes levied on oil products from countries it does not have free trade agreements with, the Ministry of Finance said in a circular.
Foreign investors in build-operate-transfer power projects that have yet to finalise agreements are keeping a close eye on a long-awaited Decree 15/2015/ND-CP on public private partnership investment modes, taking effect on April 10.
Vietnam’s economic development as one heavily driven by foreign direct investments (FDIs). It follows the early development paths of the East Asian economic tigers
Eighty-five percent of textile and garment companies have outsourcing contracts with foreign partners, but the situation is expected to change when the Trans Pacific Partnership (TPP) Agreement becomes effective.
Vietnam and France agreed here Wednesday on necessity of dealing with barriers in trade exchanges and market access through bilateral dialogues.
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