JICA to support Vietnam in SME promotion and industrial development
JICA Vietnam Office's technical cooperation project aims at improving the connection between local small and medium enterprises and the global industrial value chains.
JICA Vietnam Office's technical cooperation project aims at improving the connection between local small and medium enterprises and the global industrial value chains.
There has been a number of achievements since the project for green growth promotion in Ha Long Bay area supported by Japanese experts was kicked off in 2016.
The low cost carrier will be operating four new routes connecting Phu Quoc to various domestic and international destinations, to serve the rising number of tourists and investors attracted to the Pearl Island of Vietnam.
As competition to attract foreign investment between provinces is getting tougher, false information given has become a scorching issue hurting investors who are looking to invest in these destinations.
Vietnam Trade Promotion Agency under the Ministry of Industry and Trade announced the cooperation with Amazon Global Selling to help Vietnamese enterprises, especially small and medium sized ones, promote exports through e-commerce.
At Quang Binh Investment Promotion Conference held on August 27, Quang Binh People's Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion.
24 projects were granted investment certificates with the total investment capital of over $1 billion at the recent investment promotion conference in Binh Phuoc province.
According to Ministry of Industry and Trade’s working group, Con Cung complied with the law of protecting the interests of consumers, goods’ quality and origin tracking but the well-known retail store chain of mother and baby products violated regulations on goods labeling, promotion and e-commerce.
Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.
Agricultural development along with tourism promotion is the fastest way to reduce poverty but to find an appropriate model of integration to boost available advantages of the two crucial sectors is now a headache.
In the Bac Lieu Investment Promotion Conference 2018, a total amount of VND110 trillion (US$4.85 billion) has been registered for investment projects, of which renewable energy development projects account for VND81 trillion (approximately US$3.5 billion).
The reduction of duty on many items imported from Korea will facilitate Korea’s investment in Vietnam, according to Korea Trade-Investment Promotion Agency (KOTRA).
In the period from 2016 to 2020, four key projects calling for FDI capital include Nguyen Binh Khiem - Vu Yen island road tunnel project, split-level junction project of Ho Sen, Rao Bridge 2- Nguyen Van Linh, Hai Thanh Bridge (on the Ring Road 3), section from provincial road No.353 to Tan Vu - Ben Lam intersection, according to Hai Phong Investment, Trade and Tourism Promotion Center.
"In all fields, Japanese businesses are very interested in the Vietnamese market," said Chief Representative of JETRO Hanoi