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VIETNAM ECONOMY INVESTMENT

AMENDMENTS TO ENTERPRISE, INVESTMENT LAWS MUST PROMOTE SOE EFFICIENCY

The amendments to the Law on Enterprise and Law on Investment must include stronger solutions to thoroughly and comprehensively reform State-owned enterprises (SOEs) and enhance their efficiency, according to the Vietnam Association of Financial Investors (VAFI).

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VIETNAM ECONOMY INVESTMENT

DA NANG CITY WELCOMES NEW INVESTMENT WAVES

Once operational, the project is set to churn out aircraft components for the world’s aviation market, and employ 1,200 skilled labourers in mechanics, electricity and automation, along with 2,000 others in the support industry.

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VIETNAM ECONOMY INVESTMENT

BÌNH DƯƠNG APPROVES SMART CITY PLAN

The executive board for Bình Dương Smart City has agreed to begin implementation of the smart city project this year, according to Mai Hùng Dũng, standing vice chairman of Bình Dương People’s Committee.

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VIETNAM ECONOMY INVESTMENT

SOUTHERN REGION ATTRACTS STRONG WAVE OF INVESTMENT FROM ROK

Southern localities of Vietnam has been a major destination for investment from the Republic of Korea (RoK) in recent years, and local textile-garment and footwear industries have proved to be a magnet for an influx of capital from this country.

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VIETNAM ECONOMY INVESTMENT

DA NANG TIGHTENS LAND MANAGEMENT TO COMBAT PRICE HIKES

The city of Da Nang has issued a document requesting the management and supervision of real estate brokerages and land transactions be enhanced to prevent unusual price hikes caused by the spread of false information.

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VIETNAM ECONOMY INVESTMENT

FDI INFLOW PROMISES BRIGHT PROSPECT FOR PROPERTY SECTOR

In January and February, foreign investors poured money into 18 fields, with processing and manufacturing attracting 6.93 billion USD, or 81.8 percent of total registered capital. Property ranked second with 478 million USD, 5.6 percent of the total.

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VIETNAM ECONOMY INVESTMENT

HCM CITY APPROVES SOCIO-ECONOMIC FORECAST AND SIMULATION CENTRE

It will apply data display technology to present results from quantitative models and carry out independent research reports to create annual targets and five-year plans for local governments.

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VIETNAM ECONOMY INVESTMENT

GOVERNMENT TO BETTER POLICIES TO BOOST AUTOMOBILE INDUSTRY

At the meeting, which focused on solutions to promote the development of Viet Nam’s automobile industry, Phuc said better policies and institutions were needed to aid the industry, and that the country needed to “renew its thinking about this issue”.