The development of supporting industries has yet to catch up with the growth and demand of FDI enterprises, as Vietnamese enterprises are mainly micro, small and medium businesses short of capital and technology, so they cannot meet the requirements to produce components and parts of the main products, especially those which require hi-tech investment; the training of high-quality manpower for the supporting industries is still inadequate and weak; and though policies to develop the supporting industries are available, enterprises are generally let to manage by themselves. Private enterprises qualified for spearhead areas of the supporting industries have not yet been selected to develop links in the global supply chain in Vietnam. Though State-owned enterprises hold huge assets of the country, most of them are unable to build links in the global supply chain in Vietnam. … [Read more...] about Private sector development to enhance FDI efficiency
Kinh te viet nam
Party Central Committee’s 15th plenum ends earlier than expected
Trong asked the Committee members to continue maintaining their solidarity and responsibility and ensure the successful organization of the 13th National Party Congress, which is the country's most important political event of the year, meeting the expectation of the whole Party and people. … [Read more...] about Party Central Committee’s 15th plenum ends earlier than expected
VND1.8-trillion Cu Chi hospital gets off ground
Representatives attend a groundbreaking ceremony for the Cu Chi Regional General Hospital project in HCMC on January 15 - PHOTO: SGGPO HCMC - The HCMC Project Investment Management Authority for Civil and Industry on January 15 broke ground on the Cu Chi Regional General Hospital project with a total investment of over VND1.8 trillion. … [Read more...] about VND1.8-trillion Cu Chi hospital gets off ground
The tranquil, soothing hill in Binh Thuan
A path leading to Hon Hong Hill The hill was surrounded by plants and yellow sand where the red color of soil and the green of plants were outstanding. However, we were told that we ought to be careful with bon bon, a kind of poisonous plant which is fatal. Bon bon could be found here and there on the hill. … [Read more...] about The tranquil, soothing hill in Binh Thuan
Vietnam makes a big push into renewable energy
According to the amended seventh national power plan, the Mekong Delta is expected to become an energy hub for the south. Bac Lieu and Long An provinces have canceled big coal-fired power projects to call for investment in wind, solar and biomass power plants. Bac Lieu has added two wind power projects with total capacity of 200MW to the seventh national power plan. Meanwhile, the remaining projects capable of generating 8,690.6MW have been supplemented to the eighth national power plan—comprising 7,170.6MW from wind power, 1,500MW from solar power and 30MW from biomass power. … [Read more...] about Vietnam makes a big push into renewable energy
