Last but not least, that Viet Nam has been hailed as one of the countries most successful in controlling the COVID-19 outbreak at low cost, as well as its assistance and provision of medical equipment and face masks to other countries in their fight against the pandemic have helped raise investors’ confidence. This is a good opportunity for Viet Nam to attract investment and recover the economy, creating momentum for long-term and sustainable development. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Attracting foreign direct investment
Although it looks dangerous, locals have made full use of the track and the little space along it, and the blurred lines have become an interesting strange sight to foreign visitors. After appearing more than a few times on international sites and travel blogs, the rail has become an attraction. … [Read more...] about In central Hanoi, foreign tourists turn train track into outdoor studio
Streamlining regulations applicable to business sectors has a huge potential for triggering these dynamic gains. In many internal studies in the EU, it turned out that the right regulations, based on international standards and practices, will provide benefits to business, and attract international businesses that bring much higher benefits than the obvious gains from the tariff reductions. It is not about deregulating important government policies, but there are many ways to make regulations smarter. Better regulation inside Vietnam will also improve the competiveness of Vietnamese firms operating abroad and expanding to the EU. FDI often follows strong trade relations. In return, more FDI is likely to further increase the trade potential between partners. In its amazing progress to a middle-income country, Vietnam now realises that without further FDI its potential to become a regional hub and become part of global value chains may be limited. With the EVFTA and the EVIPA, … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Vietnam’s market in 2013-2014 still creates opportunities for both foreign investors and domestic enterprises with an increasing trend of transferring from foreign direct investment (FDI) to indirect investment through M&A, forecast specialists in the field. … [Read more...] about M&A market boasts huge development potential
Vientiane (VNA) – The Lao Government has decided to tighten COVID-19 prevention measures in the face of transmission risks. The Lao Prime Minister’s Office on August 7 issued an urgent announcement of the enhancement of some measures against COVID-19 amid this country’s relaxation of virus containment actions. The announcement noted that facing the risk of a resurgence of COVID-19 amid the disease’s complex developments in the region and the world, the Lao Government decided to strengthen the enforcement of prevention measures. In particular, relevant agencies were asked to enhance examination of those exiting from or entering the country so as to detect any illegal entry cases, monitor entertainment venues and karaoke parlours which had been ordered to close temporarily, and deal with any violations of the government’s directives. Notably, the Foreign Ministry of Laos was assigned to coordinate with the country’s national steering committee for … [Read more...] about Laos strengthens COVID-19 prevention measures