New Opportunities for SMEs The business opportunity forum themed "Access to support from international and Vietnamese organisations - opportunity for Vietnamese enterprises in 2013" is a practical event held recently in Hanoi with the aim of helping Vietnamese enterprises to meet, shorten the time and save costs in seeking domestic and international partners and opening up new opportunities in 2013. The forum was organised by External Service Centre, the Department of Foreign Affairs of Hanoi City in collaboration with the Hanoi Woman Entrepreneurs Association. The Vietnam Business Forum has an interview with Mr Nguyen Van Dong, Deputy Director of the Hanoi Department of Trade and Industry, on this issue. Anh Phuong reports. Could you tell us more about the purpose of this forum? The forum was attended by 500 businesspeople and representatives from international organisations, and embassies of foreign countries in Vietnam. Also in the framework of this forum, delegates and many … [Read more...] about New Opportunities for SMEs
New opportunities
Turning Potential into New Opportunities for Investors
Turning Potential into New Opportunities for Investors Defining investment capital, particularly FDI capital, as an important resource to boost growth and economic restructuring, Quang Ngai province has focused on improving the healthy investment environment to attract more resources for socioeconomic development goals in the past years. From this effort, FDI capital attraction in the province has been beyond expectations. To learn more about this success, Vietnam Business Forum has an interview with Mr Nguyen Dang Loc, Deputy Director of the Department of Planning and Investment Department of Quang Ngai province. Cong Luan reports. How is FDI capital attraction into Quang Ngai province since it was re-established more than 25 years ago (July 1989)? How are the production and business performances of FDI firms? How do they contribute to local socioeconomic development and restructuring? Quang Ngai province had 36 effective FDI projects with a total registered capital of over … [Read more...] about Turning Potential into New Opportunities for Investors
Taking advantage of new opportunities to promote Vietnam-China trade ties
(VOVworld) – Prime Minister Nguyen Xuan Phuc is on a working visit to China to attend the China-ASEAN Trade and Investment Summit and the 13th China-ASEAN EXPO. VOV comments on cooperative opportunities for ASEAN members and China. Prime Minister Nguyen Xuan Phuc (center) Since Vietnam and China normalized relations in November, 1991, bilateral trade and investment have developed rapidly. Impressive figures Over the past 25 years, trade revenue between Vietnam and China increased 2,000 fold, from 30 million USD in 1991 to 66 billion USD in 2015. By July, 2016, bilateral trade revenue had reached 38 billion USD, up 1.2% from the previous year. China has always been Vietnam’s biggest trade partner and Vietnam is China’s key partner in Southeast Asia. Both countries have applied effective measures to increase bilateral trade with trade revenue targeted at 100 billion USD in 2017. China has 1,500 investment projects in Vietnam with total registered capital of nearly … [Read more...] about Taking advantage of new opportunities to promote Vietnam-China trade ties
FDI with New Opportunities in Khanh Hoa Province
FDI with New Opportunities in Khanh Hoa Province The Government allowed the use of Cam Ranh seaport for economic purposes and on the establishment of the Van Phong economic zone. A road linking Khanh Hoa with Lam Dong will be completed in 2006 and a road to the Hon Ba tourist site (the international tourist site of Alexandre Yersin was completed. These are favourable conditions for opportunities in attracting foreign-direct investment (FDI). In 2005: Stabilisation of activities and increasing of revenues Up to date, Khanh Hoa province has had 56 FDI projects licensed with a total registered capital of US$382.8 million. Of the figure, 35 enterprises have become operational with a total realised capital of over US$293.122 million. Most of the enterprises have stabilised their production activities and had their revenues increasing. The Hyundai-Vinashin Company, for example, gained total revenues of US$110 million, of which US$100 million came from export. San Miguel Vietnam has … [Read more...] about FDI with New Opportunities in Khanh Hoa Province
Forum talks new opportunity for prosperity
More than 250 scientists, researchers, scholars and business people gathered at a forum in the central city of Quang Ngai on March 20 to discuss new opportunity for prosperity of the central key economic region. The forum aims to promote cooperation for economic development and external relations promotion based on local strengths towards common prosperity, said Deputy Minister of Industry and Trade Le Van Vinh. It is expected to put forward practical solutions and mechanisms to create breakthroughs and tap the region’s for a future strong economic community, he said. Fifteen reports were presented at the forum that focused on planning and development of transport infrastructure, building of a cooperative and connected community, establishment of a strong business community, and creation of an organisational model for the central key economic region. At the forum, leaders from five provinces and cities signed a cooperative document to connect the whole region and a contract … [Read more...] about Forum talks new opportunity for prosperity