Ministry urges improved business climate
The Ministry of Planning and Investment has proposed the government to hasten efforts aimed at improving the business environment in 2018.
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The Ministry of Planning and Investment has proposed the government to hasten efforts aimed at improving the business environment in 2018.
Disbursement of foreign direct investment (FDI) in Vietnam reached US$16 billion in 2017 as of November 20, up 11.9% compared with the same period last year, according to the Foreign Investment Agency (FIA).
Vietnam totalled over 105,000 nationwide newly established companies in the first ten months of the year, a year-on-year increase of 14.6 percent, according to the Enterprise Development Agency under the Ministry of Planning and Investment.
Vietnam attracted 25.4 billion USD in foreign direct investment (FDI) in the first nine months of 2017, up 34.3 percent year on year, reported the Ministry of Planning and Investment (MPI).
Vietnam and Azerbaijan will employ measures to boost cooperation via party, government and parliamentary channels, covering economy-trade, investment, energy, transport, culture and education-training.
Vietnam Railways (VNR) has proposed an investment of over VND4.6 trillion (US$202.4 million) in order to buy new locomotives and carriages by 2020, with 70% of the total amount to be borrowed from the State-owned Vietnam Development Bank.
Do Nhat Hoang, head of the Foreign Investment Agency under the Ministry of Planning and Investment, has underlined the need for Vietnam to further improve its investment environment in order to attract more Japanese businesses.
Mozambique's Prime Minister Carlos Agostinho do Rosario has called upon Vietnamese businesses to engage more in trade, oil and gas, marine transport, and processing farm produce and seafood to soon realise the trade target set by the two countries' leaders.
Disbursed foreign direct investment in 2017 was estimated at US$9.05 billion as of July 20, up 5.8% over the same period last year, according to the report of Foreign Investment Agency under the Ministry of Planning and Investment.
Ninh Binh's Department of Industry and Trade has over the years cooperated with relevant branches, and sectors to launch synchronous measures to improve the investment environment, remove difficulties, and increase competitiveness for enterprises.
According to the General Statistics Office (GSO), the total social investment in the first half of 2017 increased by 10.5% compared to the same period last year, equivalent to 32.8% of the GDP,
Prime Minister Nguyen Xuan Phuc had a dialogue with leading German businesses operating in various fields such as information-technology, finance, healthcare, agriculture, and hi-tech industry in Berlin in July 6th.
The Ministry of Planning and Investment has licensed two thermo-electric plants in the northern province of Nam Dinh and Thanh Hoa province in the central region.
President Tran Dai Quang and his Russian counterpart Vladimir Putin on June 29 (local time) expressed particular interest in strengthening commercial cooperation, agreeing on investing more than 10 billion USD in both country.
Protecting the property rights to artificial forests and cultivated aquatic animals is of the utmost importance to attracting private investment in aquaculture and forestry, a recent report on the Vietnamese economy has concluded.
Director General of the Korea Industrial Complex Corp (Kicox) Mr Bae Euon Hee and representatives of other enterprises of the Republic of Korea visited the nothern province of Ninh Binh on June 15 to learn about economic and investment situations and seek partnerships in the locality.
As many as152 new companies have been formed in Ninh Binh in the first quarter of this year ,representing a year-on-year increase of 10%, reported the Department of Planning and Investment.
Vietnam is willing to cooperate with Madagascar in the fields it is strong in and Madagascar has demand for, such as agriculture, trade and investment.
Over the past few years, Ninh Binh has implemented numerous policies to support firms overcome difficulties, and boost manufacture in a bid to develop the industrial sector.
In the first quarter of 2017, foreign direct investment (FDI) flows kept moving strongly into the real estate market, showing the rising heat and appeal of the Vietnamese property sector.
The Ministry of Planning and Investment has drafted a Decree on encouraging businesses investing in agriculture and rural areas, which proposes assistance in investment in agriculture applying high technology, training human resources and developing consumption market.
Under Decision 11/2017/QD-TTg, organizations and individuals engaging in solar development projects will get preferential benefits on investment, tax, and land.
With the addition of a foreign capital portfolio in the form of capital contribution and share purchase in the national statistics system, the picture of foreign investment attraction in Vietnam is gradually becoming clearer.
Measures to enhance Vietnam-Singapore economic, trade and investment partnerships were among issues mentioned at a meeting between President Tran Dai Quang and Singaporean Prime Minister Lee Hsien Loong in Hanoi on March 23.
Viet Nam encourages the Republic of Korea's businesses to expand investment in infrastructure development, renewable energy, supporting industry and food processing.