In conjunction with the 19th ASEAN Economic Ministers Retreat organised in Hanoi from March 7 to 9, 2013, the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Vietnamese Ministry of Industry and Trade, the European Union Delegation in Vietnam, and the European Chamber of Commerce in Vietnam (EuroCham), held the third ASEAN - EU Business Summit (AEBS), drawing about 500 EU, ASEAN and Vietnamese companies. The summit is a very high profile event, enabling the ASEAN and European business communities to discuss opportunities and challenges in the region and provide concrete recommendations for how to further improve the business environment. Specially, this year’s event has the attendance of Vietnamese Prime Minister Nguyen Tan Dung, European Trade Commissioner Karel de Gucht, Vietnamese Minister of Industry and Trade Vu Huy Hoang, and ASEAN Secretary General Le Luong Minh. Given the current context, it is important to organise big events to introduce … [Read more...] about Trade Potential and Investment Opportunities between ASEAN and EU
Business investments opportunities
US eyes investment opportunities in VN’s infrastructures
A number of leading US firms in energy products/services and infrastructure development are trying to gain a foothold in Vietnam's future projects in their fields of operation. They are studying Vietnam, as well as Indonesia, in an ongoing 6-day visit led by Francisco Sánchez, US Under Secretary of International Trade. The US trade mission is accompanied by eight companies, including General Electric, Honeywell International Inc, Black and Veatch, Cisco Systems, Oshkosh Corporation, Westinghouse Electric Company, WorleyParson LLC, and The Shaw Group. A team from the mission, led by USTDA (US Trade Development Agency) director Leocadia I.Zak, has also paid a visit to Ho Chi Minh City and the southern region while seeking investment opportunities. "The goal of the US Infrastructure Trade Mission was to find opportunities to meet Viet Nam's demand for infrastructure development in several sectors including energy, environment, and public transportation," Leocadia I.Zak … [Read more...] about US eyes investment opportunities in VN’s infrastructures
Vietnam investment opportunities “good”; UK trade executive
During a two-day visit to Ho Chi Minh City starting Sept. 15, UK Trade and Investment Chief Executive Sir Stephen Brown gave an interview to Thanh Nien on how Vietnam can attract investment from the UK: The UK ranks twelfth in investment in Vietnam with registered capital hitting $US 1.98 billion. It is clearly not a huge number. Could you explain why? UK companies only make investments if they are certain that there is going to be a return in their investment over the long term. When they are sure they will make a profit, then they will be happy to invest. … [Read more...] about Vietnam investment opportunities “good”; UK trade executive
Investment opportunities from good growth
Strong economic growth in 2017 is fuelling investor confidence in the Vietnamese economy in 2018, with many investment opportunities on the horizon, experts said at conference held yesterday in Thanh Hoa Province.The conference held by VTV24 and BizLIVE discussed investment and business opportunities in 2018 in the finance, real estate and securities sectors.Tran Dinh Thien, Director of the Viet Nam Institute of Economics, said the business climate was improving together with the development of the private economic sector, which boosted the economy.However, focus must be placed on growth quality, Thien said.He said it was essential to hasten the handling of bad debts, equitisation of State-owned enterprises and tackle cross-share holding at banks, together with mechanisms to promote domestic enterprises through simplifying procedures and cutting costs for business.Thien said that special mechanisms for HCM City and special administrative-economic zones must create breakthroughs to fuel … [Read more...] about Investment opportunities from good growth
Economic outlook provides investment opportunities: forum
The conference held by VTV24 and BizLIVE discussed investment and business opportunities in 2018 in the finance, real estate and securities sectors. Tran Dinh Thien, Director of the Vietnam Institute of Economics, said the business climate was improving together with the development of the private economic sector, which boosted the economy. However, focus must be placed on growth quality, Thien said. He said it was essential to hasten the handling of bad debts, equitisation of State-owned enterprises and tackle cross-share holding at banks, together with mechanisms to promote domestic enterprises through simplifying procedures and cutting costs for business. Thien said that special mechanisms for HCM City and special administrative-economic zones must create breakthroughs to fuel economic growth. Most participants at the conference predicted that GDP growth in 2018 would be about 6.7-7%, which Thien said showed optimism. Former Deputy Minister of Planning and Investment Dang Huy … [Read more...] about Economic outlook provides investment opportunities: forum