By June, 2015, Japan had become Vietnam’s second largest investor with more than 2,600 projects worth a total of US$38 billion. 120 of its projects were located in Da Nang.
Deputy Minister of Industry and Trade Do Thang Hai recently acknowledged the phenomenon that some foreign investors are taking advantage of cheap labor of Vietnam as a springboard to enter larger markets.
The 22nd ASEAN Economic Ministers’ (AEM) Retreat wrapped up in Thailand’s Chiang Mai province on late March 3, agreeing on ways to boost the regional and inter-regional economic connectivity.
Ho Chi Minh City welcomes investors coming from the UK, especially given that Vietnam and the European Union (EU) have completed the signing of a free trade agreement.
Trade and investment ties between Vietnam and the European Union (EU) will expand when the Vietnam-EU free trade agreement (EVFTA) takes effect in 2018, the industry and trade minister said.
Vietnam’s market share of garment and textile in the US is expected to grow for the 2ndconsecutive year in 2016, surpassing Central America.
Vietnam always creates the best investment conditions for foreign businesses, including those from Singapore, to operate in Vietnam.
More and more Japanese investors are looking towards the Vietnamese agricultural sector as a profitable market.
A meeting between officials of ministries, agencies and localities was held on March 3 to discuss the general construction planning for Ha Noi capital area up to 2030, with a vision towards 2050.
Vietnam’s export turnover to TPP member states is expected to reach $132.5 billion by 2020.
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