Laos foreign investment

A land lot in Da Nang City suspected of relating to foreign ownership. — Photo zingnews.vn The confirmation was in response to a question raised by a member of the city’s People’s Council over the accuracy of a media report on foreigners acquiring land use rights under the name of Vietnamese nationals. … [Read more...] about Da Nang clarifies suspicion of foreigners acquiring land use rights under names of Vietnamese nationals

The Ministry of Planning and Investment in collaboration with the Japanese Embassy in Vietnam, Japan External Trade Organization (JETRO) and Japan Bank for International Cooperation (JBIC) held the conference.  This is the first time the large-scale investment promotion conference took place under online form with the participation of many Japanese enterprises, expressing concernment and expectation of the Japanese business community to Vietnam. The conference provided the latest information featuring Vietnam's business and investment environment to Japanese enterprises, notably newly promulgated important legal documents such as the revised Law on Investment, the amended Law on Enterprises, the Law on Public-Private Partnership (PPP), etc as well as information related to Vietnam's preparation of land, labor and energy to receive flows of foreign investment as well as create the most favorable business conditions for foreign investors including Japanese firms in Vietnam. … [Read more...] about Over 1,000 Japanese enterprises attend investment promotion conference

Meanwhile, Deputy Minister of Planning and Investment Vu Dai Thang told the participants that Vietnam has successfully controlled the novel coronavirus pandemic, adding that the country has also adopted many policies, including the revised Law on Investment, the revised Law on Enterprises and the Public-Private Partnership Law. … [Read more...] about Vietnam should speed up public investment disbursement to lure Japanese investments: official

Addressing the event, Thang said that Vietnam ranked 70 among 190 economies in this year’s ‘Doing Business 2020’ report released by the World Bank — falling one spot from its position last year but with a higher overall score of 69.8 points — as the nation has proactively improved its business and investment environment for foreign companies. … [Read more...] about Hanoi conference seeks to promote Japanese investment inflows

According to a report released by the Ministry of Industry and Trade (MoIT), several of the world's largest technology corporations have initiated plans to shift their production chains to the nation. LG Electronics Inc. for example recently moved their entire production line from the Republic of Korea (RoK) to Hai Phong port city. At a recent conference between the government and localities, the Hai Phong leadership proposed expanding Dinh Vu-Cat Hai economic zone and Trang Due Industrial Park to attract investment from LG. The RoK group had launched a US$1.5 billion factory in Trang Due Industrial Park back in 2015 and it has been operating well there. … [Read more...] about Foreign giants eye business expansion amid COVID-19