This has been illustrated by the country becoming Vietnam’s second-largest foreign investor last year, involved in nearly 4,400 projects worth almost $60 billion. Sumitomo, Honda, Toyota, Canon, and Panasonic all have a substantial foothold in the country. Vietnam also has the distinction of being named the most promising destination for investment in Asia this year, according to a survey carried out by media group NNA Japan Co., Ltd and revealed last month. In the survey, over 42 per cent of the 820 respondents selected Vietnam as a top investment location, citing factors such as growth potential and supply of skilled and low-cost labour. India was second at just over 12 per cent, with Myanmar third on 11.6 per cent and Indonesia fourth at 6.6 per cent. … [Read more...] about Bright spots for FDI inflows in 2020
Bạc Liêu hopes $4b Singapore LNG project will attract more FDI
HCM CITY — The Bạc Liêu People’s Committee hopes the licence it granted to a Singapore company for a liquefied natural gas-fired (LNG) power plant in the province is going to be a significant factor in attracting further foreign investment. … [Read more...] about Bạc Liêu hopes $4b Singapore LNG project will attract more FDI
Việt Nam to develop a master plan on environmental monitoring system
In a decision approved by the Government on February 14, Deputy Prime Minister Trịnh Đình Dũng agreed on the national master plan on environment and natural resource monitoring system needed to be built in 2021-30 with a vision to 2050. … [Read more...] about Việt Nam to develop a master plan on environmental monitoring system
Vietnam continues making mark in ASEAN defense cooperation
General Ngo Xuan Lich chaired the event At the meeting of the ASEAN Defense Senior Officials’ Meeting Working Group (ADSOM WG) on February 18, delegates showed unanimity and agreed to submit the initiative to defense senior officials of ASEAN for approval. The officials reached a consensus on introducing it at the ADMM Retreat. … [Read more...] about Vietnam continues making mark in ASEAN defense cooperation
Australia attaches importance to its ties with ASEAN
Highly valuing Australia’s initiative to build the 2020 Vision Statement on Defense Cooperation with ASEAN, Defense Ministers of ASEAN said that the document will help orient their defense ties in the fields of common concern. They emphasized that the two sides could learn from each other and raise their capacity and ability to work together. … [Read more...] about Australia attaches importance to its ties with ASEAN
