Danang to promote investment in hi-tech sectors Employees work at an automobile assembly and manufacturing plant in Danang’s Hoa Khanh Industrial Park in this file photo. Danang’s enterprises are being urged to suggest ideas for attracting investment in hi-tech sectors at an upcoming conference, scheduled for March 1 – PHOTO: VGP The central coastal city of Danang has urged local firms to pose ideas at an upcoming conference, scheduled for March 1, for attracting foreign direct investment (FDI) in sectors leveraging hi-tech applications in the 4.0 era, the Government portal chinhphu.vn reported, citing the municipal People’s Committee. The municipal government on February 20 stated that the city will prioritize receiving FDI capital for the field of hi-tech agriculture to achieve sustainable growth, alongside other hi-tech-deploying sectors. It will also prepare feasible projects to attract investors from Japan, South Korea and the United States, according to … [Read more...] about BUSINESS NEWS IN BRIEF 23/2
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BUSINESS NEWS IN BRIEF 15/1
Azerbaijani investors eye Vietnamese marketAzerbaijani investors with strong financial capacity and professional performance are keen on landing investments in Vietnam, has said Anar Imanov, Azerbaijani Ambassador to Vietnam.In his remarks at a recent workshop themed “Meet Azerbaijan” in Hanoi, the Azerbaijani Ambassador highlighted Azerbaijani enterprises' advantage of plentiful capital and practical experience in implementing projects in Europe, adding that many are seeking investment opportunities in Vietnam.As one of the world’s leading crucial oil and gas producers and suppliers, Azerbaijan also has great potential to boost its bilateral cooperation with Vietnam in three key fields, including tourism, logistics, and agriculture. The diplomat cited a FAM tour jointly held by the Azerbaijan Embassy in Vietnam and Qatar Airways last year as a big effort to bolster tourism cooperation between the two countries.The FAM tour provided many Vietnamese tourism … [Read more...] about BUSINESS NEWS IN BRIEF 15/1
World News in Brief: November 25
* Speaking at the opening ceremony of a business forum on November 23 in Havana, Spanish Prime Minister Pedro Sanchez said that his government will continue to invest in Cuba and contribute to the economic development of the island nation. * The 76th joint patrol on the Mekong River jointly conducted by China, Laos, Myanmar and Thailand was completed Saturday. Ten vessels and 198 law enforcement personnel participated in the five-day mission that aimed to increase police visibility and enhance security and control of 512 km of the Mekong River. * President Donald Trump said Saturday that migrants seeking asylum in the United States via the southern border would wait in Mexico while their claims move through legal procedures, but the Mexican incoming government denied the two sides had reached any deal. * Indian Navy chief Admiral Sunil Lanba will be visiting Russia from November 26-29, in a bid to further consolidate defence ties and explore new avenues for defence cooperation, said … [Read more...] about World News in Brief: November 25
BUSINESS NEWS IN BRIEF 26/8
SCB signs deal with three Hong Kong banks Saigon Joint Stock Commercial Bank (SCB) and three Hong Kong banks on Monday signed a co-operation agreement on syndicated credit financing. Under the agreement, SCB, Hang Seng Bank Limited, Chong Hing Bank Limited and The Bank of East Asia Limited committed to support financial investment and ensure a stable financing source for Union Square Company Limited, which operates in the field of real estate. The signing was made within the framework of an investment development co-operation event held by the Viet Nam Chamber of Commerce and Industry (VCCI) in co-ordination with Hong Kong Trade Development Council (HKTDC) in HCM City on Monday. Also at the event, the four banks signed a strategic agreement for comprehensive and long-term co-operation in exchanging experience on investment and financial management, increasing business relations, conducting research and investment, and especially providing credit to local and foreign … [Read more...] about BUSINESS NEWS IN BRIEF 26/8
Cave system in Quang Binh: The charm of heaven under earth
By successfully establishing itself as a “kingdom of caves” on the world’s adventure travel map, Quang Binh has targeted the top position among tourist attractions in Southeast Asia, making it a centre of adventure travel in Asia by 2020. A push for tourism from Son Doong “phenomenon” At the end of last year, the Business Insider website released a list of nine amazing caves, with Quang Binh province’s Son Doong Cave claiming the first place. The magnificent cave also ranked first among the world’s top 15 breathtaking destinations that adventurous people should visit once in their lifetime, according to Buzzfeed, an American online social news and entertainment giant. There isn’t any other place in Vietnam, even the popular UNESCO-recognised Ha Long Bay in Quang Ninh province, which has been named in most of the prestigious tourist publications and travel columns such as Son Doong. The enormous cavern is also the most-visited by film … [Read more...] about Cave system in Quang Binh: The charm of heaven under earth