US giant backs Vietnam’s bid to lead ASEAN gas trade
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
There are over 4,000 FDI (Foreign Direct Investment) enterprises in Hanoi, of which only 966 enterprises made profit.
According to information of Hanoi Portal, Nguyen Duc Chung, Chairman of the People's Committee of Hanoi, has requested Hanoi Tax Department to closely monitor the FDI enterprises in order not to lose revenue.
The results of implementation of the socio-economic development tasks in the first nine months of 2017 revealed that there are over 4,000 FDI enterprises in Hanoi, of which only 966 enterprises made profit.
Statistics showed that in the first 9 months of this year, Hanoi's economy grew by 8.1% and its budget was over VND146 trillion (more than US$6.4 billion) which increased by 16.2% compared with the same period of last year.
After first three quarters of 2017, Hanoi attracted 398 FDI projects with registered capital of US$2.16 billion. Hanoi also approved the investment stimulating policy for 125 projects outside the budget with a total investment of about VND84 trillion (nearly US$3.7 billion).
There were 18,685 newly established enterprises which grew by 10% over the same period with total registered capital amounting to VND144 trillion (more than US$6.3 billion).
In addition, the total number of international visitors to Hanoi reached 3.54 million, up 23.5% over the same period.
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.