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Chinese corporations expand investment in Vietnam

Chinese corporations expand investment in Vietnam

Power China, BYD, China Rare Earth Group, Haosen electronic battery company are among the Chinese enterprises planning to make new investments in Vietnam in the near future.

Hanoi agency cuts off water and electric supply to Discovery Complex project

Hanoi has just decided to stop water and electric supply to commercial centers, offices and apartments of the Discovery Complex project due to its violations of regulations on fire prevention.

Authority proposes transferring $2.1 billion thermal power plant to Geleximco-HUI partnership

The proposal of replacing project investor on Quynh Lap 1 thermal power plant located in Nghe An province, which costs over $2 billion is expected to speed up the progress of construction and operation to secure the existing plan on national energy security.

Workers over 35 years old at foreign invested firms face vulnerability of layoff

Several FDI enterprises are still not seriously committed to the terms in the labour contracts, violating the rights of workers, which leads to massive labor disputes or collective work stoppage.

Vinhomes spends $22 million upgrading fire resistant equipment system for its urban complexes

Vinhomes has just announced to invest around $22 million in the improvement of elements related to fire safety system and security measure for its urban areas.

TTC Land to inject $176 million in artificial island project in Phu Quoc

TTC Land Group is planning to invest $176 million in Ocean Lotus project, a first artificial island in Phu Quoc island district, Kien Giang province.

Hanoi licensed numerous projects amounting to over $17 billion

Hanoi became a hotspot in drawing huge flow of investment when its local authority yesterday granted certificates and approval to 71 projects totaling over $17 billion of registered capital.

Scene behind Vietnam's confined competitiveness: Experts

Vietnam develops but does not follow the value chain and the way economy grows in the future, whilst building many roads does not bring efficiency, according to experts.

Reducing trade costs can improve Vietnam's competitiveness in the ASEAN region

While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.

Sales from locally assembled cars surpassed imported ones in May

According to Vietnam Automobile Manufacturers' Association, sales of complete knocked-down cars was 19,467 units, accounting for nearly 85 per cent of the total market in last month.

VTV offers record prices for ad slots at World Cup football matches

Vietnam Television has just offered the record prices for advertising blocs at broadcasting football matches of World Cup, a move aimed at compensating for the so high amount paid for copyright.

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