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Danang tops PCI 2014 ranking

da-nangThis is the second consecutive year central Danang City has led provinces and cities nationwide in the Vietnam Provincial Competitiveness Index 2014 (PCI 2014) ranking.

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Private Sector-Driving Force for Economic Development

private-sectorIt 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. 

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US investment in Vietnam tops $11 billion with 735 projects countrywide

dau-tuU.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.

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Vietnam cuts import tariffs on oil products from non-FTA countries

Tax-cutVietnam 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.

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New regulations cloud BOT power plant deals

power-plantForeign 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.

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Vietnam follows the path of East Asian economic tigers

tigerVietnam’s economic development as one heavily driven by foreign direct investments (FDIs). It follows the early development paths of the East Asian economic tigers

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“Yarn forward” principle drives capital flow to fiber projects

len-soiEighty-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.

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Vietnam, France agree to deal with trade barriers

rao-canVietnam and France agreed here Wednesday on necessity of dealing with barriers in trade exchanges and market access through bilateral dialogues.

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Vietnam law change to benefit foreign property investment, say agents

housing-marketVietnam's property market is showing signs of strong growth – and foreign spending is set to increase when overseas buyer regulations are relaxed from July, say agents.

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Central province takes advantage of investment momentum

nhiet-dienThe central province of Quang Binh currently houses 320 registered projects worth more than 5 billion USD, including 158 projects worth nearly 4 billion USD that are already under construction.

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