Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1
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VinaCapital Ventures invests millions of dollars in livestream startup
“We are excited to invest in GoStream, which has been leading the way in integrating livestreaming across a number of sectors. Their innovative streaming technology is helping more businesses reach more viewers and customers, and we look forward to working with them as they further expand their capabilities and play an even greater role in Vietnam’s growing digitalization,” Hoang Duc Trung, a Partner at VinaCapital Ventures, said at the signing ceremony of the deal on January 15. … [Read more...] about VinaCapital Ventures invests millions of dollars in livestream startup
Quang Binh Province approves 35 investment projects
Speaking at the conference, Secretary of the province’s Party Committee Vu Dai Thang said: "The huge amounts of investment capital speak volumes about local and international investors' interest in the province, which is a great sign for a new era of development. … [Read more...] about Quang Binh Province approves 35 investment projects
Over VND141 trillion to be invested in 37 projects in Quang Binh
Quang Binh Province has just approved a list of 62 projects calling for investment from 2021 to 2023 with a total registered capital of more than VND 94 trillion (US$4.1 billion), including 16 agricultural projects; 22 projects in the fields of industry, energy and trade; 12 infrastructural projects and 12 tourism projects. … [Read more...] about Over VND141 trillion to be invested in 37 projects in Quang Binh
HCMC told to address environmental pollution caused by two waste treatment firms
Untreated waste at the Tam Sinh Nghia Investment and Development JSC. The Ministry of Natural Resources and Environment has asked the HCMC government to address the environmental pollution caused by Tam Sinh Nghia and Vietstar - PHOTO: TNO HCMC – The Ministry of Natural Resources and Environment has asked the HCMC government to address the environmental pollution caused by two waste treatment firms—Tam Sinh Nghia Investment and Development JSC and Vietstar Environmental JSC. … [Read more...] about HCMC told to address environmental pollution caused by two waste treatment firms