Vietnam will continue considering foreign investment one of its important drivers for socioeconomic development over the next four years, with its ambitious plan to attract more high-quality funding. For this plan to become true, special incentives will soon be offered. The National Assembly last week adopted the country’s 2021-2025 Economic Restructuring Plan with a raft […]
Read MoreSeeking capital to help recover production and business is not easy but it’s not the biggest difficulty, experts say. The tougher task is driving money “to the right addresses at the right time”. In 2021, Vietnam has had to struggle with the impact of Covid-19 which has been far more serious than in 2020. The […]
Read MoreMany factories, including about 200 contracted factories that make sportwear for Nike Corporation, resumed production in Vietnam earlier this month. However, if this return is to be resilient and long-lasting, a range of changes to business practices and relationships may have to be realised. Nobel Kinder, Sustainable Development Director of Nike Corporation, committed to continuing to invest […]
Read MoreVietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources. During 2011 – 2020, about 202 trillion VND was poured into developing seaport infrastructure, accounting for 20.6 percent of total investment in transport infrastructure. Of the […]
Read MoreMANUFACTURING in Vietnam could stay subdued into early 2022, amid a Covid-19 outbreak, migrant worker shortage, higher cost of materials, and port logjams. Some production losses will also turn permanent, economists at BofA Global Research warned in a report on Tuesday (Nov 16), as they forecast an output gap of between 5 per cent and […]
Read MoreThe Government of Laos is discussing plans for a new expressway running from Vientiane through Xaysomboun, Xieng Khouang and Houaphan provinces to the Vietnamese border. The Ministry of Planning and Investment held a videoconference where it identified the key locations of the expressway corridor, which will end at the Nam Soy border crossing with Vietnam, according to Vientiane […]
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