INVITATION TO HKC-HKC-CAMBODIA, LAOS, MYANMAR, AND VIETNAM (CLMV) ONLINE INVESTMENT FORUM
Under the Economic and Technical Co-operation Programme (ECOTECH) of the ASEANHong Kong, China Free Trade Agreement (AHKFTA) and the ECOTECH Work Programme, the Directorate of Investment and Company Administration, the Ministry of Investment and Foreign Economic Relations is planning to hold the HKC-CLMV Online Investment Forum on 31st May 2023.
VIETNAM TENDERS DAILY- MAY 18, 2023
1. Technical lifting floor system supply
2. MV frequency converter supply
3. Electric pressure tester supply
4. Cubicle supply and installation
5. Standby equipment and materials supply
----and more news
EXPLORING NEW MARKETS EXPECTED TO FUEL FOREIGN TRADE
Việt Nam witnessed declines in both exports and imports in the first four months of 2023, and exploring new markets is now considered one of the solutions to foreign trade bottlenecks.
SUPPORT NEEDED TO SAVE ENTERPRISES FROM EXITING MARKET
Enterprises were in dire need of support to overcome difficult times which forced many of them to sell assets at a loss or leave the market. According to the General Statistics Office, about 77,000 enterprises exited the market in the January – April period, increasing by 25.1 per cent against the same period last year.
90-DAY VISA 'OPEN DOOR POLICY' TO ATTRACT FOREIGN TOURISTS, GOV'T SAYS
The Government emphasised that the extension of e-visa validity to 90 days, three times longer than the current 30 days, will be an open-door policy in attracting more foreigners to visit Việt Nam as well as seek investment and business opportunities, creating a driving force to promote the country’s socio-economic development.
FDI FIRMS CONTINUE TO RECOVER AND SHIFT INTO HIGH-TECH INDUSTRIES
According to the report on Provincial Competitiveness Index 2022 (PCI 2022) released by the Vietnam Chamber of Commerce and Industry (VCCI), the majority of foreign-invested enterprises (FIEs) in Vietnam can be classified as small- and medium-sized enterprises in terms of capital, employment, and revenue.
BUDGET REVENUE NEARS US$28 BLN IN FOUR MONTHS
The State Budget collected VND645.4 trillion (US$28 billion) in the first four months of 2023, equal to 39.8% of the target and down 5% year on year, said the Ministry of Finance. The central budget revenue was estimated to fulfill 42.9% of the target and the local budget revenue was forecast to achieve 36.3%.
POTENTIAL DESTINATION AND INCREDIBLE OPPORTUNITY FOR INVESTORS
“Dak Nong province is opening up many incredible investment opportunities in various industries and fields and calling for qualified businesses with big projects, so as to create a remarkable transformation in the local socio-economy,” said Ms. Ton Thi Ngoc Hanh, Vice Chairwoman of Dak Nong Provincial People's Committee.
