On 16 March, vice-chairman of the Danang PC Van Huu Chien had talks with the delegation of Hwaseong city, led by Mr. An Kwang Min - head of the Local Economy Board looking for investment opportunities in Danang. Mr. Chien said that the city will always give Hwaseong's enterprises the most favorable conditions to carry out their projects. Danang has investment incentives and preferential polices, especially in hi-tech, environment-friendly and sea products processing industries. Mr. Chien called on investment by Hwaseong in sea tourism projects in Danang in the coming time. Mr. An Kwang Min proposed some activities to strengthen co-operation such as opening a direct flight from Korea to Vietnam, frequent participation of enterprises in exhibitions held by Vietnam and Korea and the organization of cultural and sporting activities for students of the two countries. The delegation also hoped that the Danang authority would always support the enterprises in cooperation and … [Read more...] about Hwaseong city (Repubic of Korea) delegation seeks investment opportunities in Danang
Business investments opportunities
Northern Central Region Offers New Investment Opportunities
(VEN) - The Foreign Investment Agency (FIA) said that the northern central region has attracted 243 foreign direct investment (FDI) projects totaling US$19.9 billion in registered capital, accounting for 10 percent all FDI capital attracted by Vietnam so far. FIA director Do Nhat Hoang said that although 243 FDI projects in the northern central region accounted for a small percentage of all 13,000 FDI projects operating throughout Vietnam they represented up to 10 percent of all FDI capital in the country. This revealed that FDI projects in the northern central region in general had a capital larger than that of FDI projects in other regions, he said. However, FDI in the northern central region remained disproportionate with its potential. Consisting of six provinces (Nghe An, Thanh Hoa, Ha Tinh, Quang Binh, Quang Tri, and Thua Thien Hue), the northern central region has the huge potential. Each of the six provinces had its own advantages and potentials. Ha Tinh was a steel industry … [Read more...] about Northern Central Region Offers New Investment Opportunities
Overseas Vietnamese hold seminar on investment opportunities in homeland
Photo: Vietnamnet A seminar on investment opportunities in Vietnam was held on 2-3 in San Jose, California, by the Vietnamese Strategic Ventures Network (VSVN) with the participation of many overseas US-based Vietnamese businessmen. According to the VSVN which was founded in 2002, the seminar was a good chance for business and technical experts to meet, exchange and discuss potentials of Vietnam’s potential market. The participants at the seminar were overseas Vietnamese who started their business in the US, said Do Doan Quoc Huy, chairman of the VSVN. He added that in the US, many overseas Vietnamese have become successful businessmen and computer experts with new creative ideas. However, they have yet to become popular. The organisation wanted to introduce these people and invite them to present their work. Participants included famous persons such as Tran Trinh, founder and director of Sigma Designs Inc, the only company run by overseas Vietnamese list on the Nasdaq … [Read more...] about Overseas Vietnamese hold seminar on investment opportunities in homeland
Malaysia firms seek investment opportunities
A delegation of 30 Malaysian firms will visit Vietnam next month to explore trade and investment opportunities, according to Le Van Loi, Director of the Vietnam Chamber of Commerce and Industry’s Institute of Information Technology for Business. During their trip, the firms would participate in a business conference where they could meet with Vietnamese counterparts in such sectors as information, technology, and science and agriculture to build up specific co-operativer relations, Loi said. Vietnam had always been considered an important trade partner for Malaysia and there were good prospects for co-operation between the two countries, said Minister of Industry and Trade Vu Huy Hoang on the sidelines of the two-day meeting of ASEAN economic ministers, held in Malaysia late last month. Malaysian-invested projects in Vietnam have been very successful. Malaysia currently has about 4-5 billion USD in two thermal power plants in Hai Duong province and the Mekong Delta. Two-way … [Read more...] about Malaysia firms seek investment opportunities
Japanese businesses explore investment opportunities in Hai Phong
Hai Phong will create the most favourable conditions for Japanese investors to operate in the city, said the Chairman of the municipal People's Committee Duong Anh Dien. Dien made the commitment on February 25 while receiving a delegation of businesspeople from Japan's Kansai region who are seeking investment opportunities in the field of supporting industry. At the meeting, Japanese businesses expressed concern about difficulties in investing in the city, including the investment environment, infrastructure, and living conditions for engineers. In addition, they also worried about administrative procedures related to the granting of investment licenses, the building of an open legal corridor and the improvement of human resources for businesses. If these concerns are effectively addressed, Japanese businesses will begin promoting investment in Hai Phong, they said. Currently, Hai Phong has attracted 400 foreign-invested projects capitalized at US$5.8 billion, … [Read more...] about Japanese businesses explore investment opportunities in Hai Phong