11 months in dog years

Production at the Hoya Glass Disk Vietnam Company in Thang Long Industrial Park, Ha Noi. The capital city attracted $7 billion in FDI in the first 11 months this year. — Photo kinhtedothi.vn Ha Noi attracted the most foreign direct investment (FDI) in Viet Nam during the first 11 months of this year with US$7 billion, accounting for nearly a quarter of the total, according to the Ha Noi Department of Planning and Investment. This figure was higher than the $6.3 billion registered in the same period last year. Total registered investment capital for new projects and additions to existing projects reached about $2.1 billion, including $1.6 million for 788 new projects and $580 million for 160 existing projects. During the 11 months, foreign investors poured $5.3 billion into Ha Noi through capital contributions and share purchases. Foreign investors have chosen Ha Noi thanks to its good infrastructure, completed industrial zones and convenient transportation. The capital is one of … [Read more...] about Ha Noi attracts highest FDI in 11 months

  Production at the Hoya Glass Disk Vietnam Company in Thăng Long Industrial Park, Hà Nội. The capital city attracted $7 billion in FDI in the first 11 months this year. Photo kinhtedothi.vn HÀ NỘI – Hà Nội attracted the most foreign direct investment (FDI) in Việt Nam during the first 11 months of this year with US$7 billion, accounting for nearly a quarter of the total, according to the Hà Nội Department of Planning and Investment. This figure was higher than the $6.3 billion registered in the same period last year. Total registered investment capital for new projects and additions to existing projects reached about $2.1 billion, including $1.6 million for 788 new projects and $580 million for 160 existing projects. During the 11 months, foreign investors poured $5.3 billion into Hà Nội through capital contributions and share purchases. Foreign investors have … [Read more...] about Hà Nội attracts highest FDI in 11 months

In Trang An, Ninh Binh (Photo: VNA)   Hanoi (VNA) – The National Tourism Year 2020 will be launched in the northern province of Ninh Binh on February 20, 2020, heard a press conference in Hanoi on December 10. The closing ceremony is scheduled for December 2020. According to the organising board, the year will take the theme “Hoa Lu – ancient capital of a thousand years” with 27 activities, including Bai Dinh pagoda festival that will open on January 30, Hoa Lu festival from April 1-3, and Trang An festival from April 10 to the late May 2020. The Miss Capital ASEAN 2020 final round, the “Yellow Tam Coc - Trang An” tourism week, an international workshop on “xam” singing, a music exchange between provinces having world heritages and twinning localities at home and abroad, the second Trang An marathon tournament, and Ninh Binh trade and tourism fair are also planned for. Other activities include Dau temple festival, Duc Thanh … [Read more...] about National Tourism Year 2020 to be launched in Ninh Binh

Vietnam Textile and Apparel Association (Vitas) said the total export value of textiles, fiber, and cloth reached US$25.7 billion in the first 8 months of the year, up 8.6 per cent year on year, including 60.6 per cent from FDI enterprises. Workers at the TNG Thai Nguyen Investment and Trading JSC produce garments for export. Viet Nam’s textile export value rose almost 9 per cent in eight months of this year. The textile and garment industry spent $14.9 billion to import textile and garment materials for production, up 2.3 per cent year on year, including 62 per cent from FDI enterprises. The industry’s trade surplus in the first eight months reached $10.8 billion. According to the Ministry of Industry and Trade, domestic textile enterprises face many challenges in production and business activities. The US-China trade war has affected exchange rates, leading to higher prices of processed goods in Viet Nam compared to regional competitors such as South Korea and … [Read more...] about Vietnam’s textile export value up almost 9% in eight months

Customers browse handicraft products at a shop in Hanoi. Photo news.lota.vn The latest addition has brought the export turnover of these products to $190 million in the first five months of 2019, up 43 per cent year-on-year, the data shows. These positive figures were attributable to a booming demand of handicraft products, especially those made from bamboo, rattan and leaves, in the global market, online Nguoi Lao Dong (The Labourers) newspaper cited the Handicraft and Wood Industry Association of HCM City (Hawa) as saying. For example, more and more retirees in European countries are decorating their houses, resulting in high demand for handicraft products, Hawa said, adding that the proportion of people who bought handicrafts as gifts has also increased. According to Hawa, there remains huge potential for Vietnamese fine art and handicraft producers to accelerate their exports to overseas markets including major outlets such as the US, the EU and Japan and … [Read more...] about Fine art and handicraft exports surge in five months