Boosting access to greenbacks for green growth

Boosting access to greenbacks for green growth
(VEN) - The Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (VIETRADE) and the International Trade Center (ITC), a joint agency of the World Trade Organization and the United Nations, have teamed up to launch a project aimed at bolstering trade for sustainable development (T4SD) in Vietnam. One of the project’s highlights is to create financial resources to help businesses renovate technology and production in accordance with green development.

Spanish-Vietnamese partnership boosts smart technology

Spanish-Vietnamese partnership boosts smart technology
(VEN) - BQ, a European engineering company dedicated to developing technological devices such as smartphones, 3D printers and robotics, has signed a strategic partnership agreement with VinSmart, a member of the largest private conglomerate in Vietnam -Vingroup. Under the agreement, BQ will sell intellectual property rights to Vinsmart in order to develop two Vsmart branded smartphone products for the high-end and mid-range markets. BQ and Vingroup are already working on other new areas of business relating to artificial intelligence (AI) and the Internet of Things (IoT). Rodrigo del Prado, Deputy General Director of BQ spoke with the media after the recent launch of Vsmart smartphones in Spain.

Credit program helps promote HCM City’s economic growth

Credit program helps promote HCM City’s economic growth
Credit packages with preferential interest rates offered to small and medium enterprises (SMEs) in Ho Chi Minh City contributed largely to the city’s economic growth of 8.3 percent in 2018, heard a conference held in the city on April 18.

No capital shortages for prioritised sectors: Central bank

No capital shortages for prioritised sectors: Central bank
The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at a conference connecting enterprises and banks in Hanoi on April 16.

HCMC thirsts for private infrastructure capital

HCMC thirsts for private infrastructure capital
(VEN) - In a bid to draw additional private funding for major infrastructure projects, Ho Chi Minh City is reassuring investors that conditions for investment will be far more attractive in the long-run.

First quarter FDI registration hits record high

First quarter FDI registration hits record high
(VEN) - According to the Foreign Investment Agency under the Ministry of Planning and Investment, foreign direct investment (FDI) commitments in the first quarter of the year reached their highest level since 2016.

US investors increasingly drawn to Vietnam

US investors increasingly drawn to Vietnam
(VEN) - Led by the US-ASEAN Business Council, representatives of leading US businesses arrived in Vietnam in March to seek investment opportunities. The number of US companies displaying an interest in Vietnam is bigger than it was in previous years.

Thai enterprises encouraged to invest in Vietnam

Thai enterprises encouraged to invest in Vietnam
Deputy Prime Minister Trinh Dinh Dung affirmed that the Vietnamese Government, ministries and sectors concerned encourage and create favourable conditions for foreign investors including Thai Siam Cement Group (SCG) to pour investment into and expand their business in Vietnam.

Trade with Southeast Asian markets boosted

Trade with Southeast Asian markets boosted
Vietnamese companies should further invest in and trade with Myanmar, Thailand, Laos, and Cambodia, which are members of the Association of Southeast Asian Nations, heard a forum in Ho Chi Minh City on March 28.

HCM City looks to attract more Canadian investment

HCM City looks to attract more Canadian investment
Ho Chi Minh City’s authorities will create favourable conditions for foreign investors, including those from Canada, to invest and do business in the city, according to Vice Chairman of the municipal People’s Committee Le Thanh Liem.

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