To further bolster its appeal, Hanoi should establish regulations that provide favorable living, working, and educational conditions for investors' family members. The draft amended Capital Law should broaden and enhance opportunities for strategic investors, including large domestic and multinational corporations, to come to Hanoi, according to the President of the Foreign Trade University, Bui Anh Tuan. Electronics production at an FDI company in Hanoi. Photo: Nguyen Minh/The Hanoi Times "To bolster its appeal, additional regulations should be put in place to facilitate favorable living, working, and educational conditions for relatives of investors in the Capital. This will contribute to establishing Hanoi as the preferred headquarters for both domestic and multinational corporations," said Tuan. … [Read more...] about Capital Law should help Hanoi attract multinationals: Expert
Investment opportunities
PM meets US Treasury Secretary, leaders of economic groups
Prime Minister Pham Minh Chinh (R) and Treasury Secretary Janet Yellen . (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with Treasury Secretary Janet Yellen in New York on September 20 (local time) to discuss cooperation between Vietnam and the US in economy and finance, and to share views on other issues of shared concern. The meeting took place as part of the Vietnamese leader’s trip to the US for the high-level week of the 78th session of the United Nations General Assembly, and bilateral activities in the country. Chinh affirmed that Vietnam considers the US a leading important partner, and stands ready to work together with the country to promote the bilateral relationship intensively, extensively, stably, and practically. Vietnam also regards cooperation in economy, finance, trade and investment as a priority of the bilateral comprehensive strategic partnership, and highly valued substantive contributions by Yellen and the US Department of the … [Read more...] about PM meets US Treasury Secretary, leaders of economic groups
Vietnamese firms seek to boost trade ties with businesses in Thailand’s Northeastern region
As part of the national program on trade promotion, the event was jointly organized by the Vietnamese Consulate General in Khon Kaen, the Investment, Trade and Tourism Promotion Center of the Central province of Quang Tri, and the authorities of Khon Kaen and Ubon Ratchathani provinces. Vietnamese Consul General Chu Duc Dung stressed that there remains great potential for Vietnamese goods to penetrate the Thai market because this country is home to a large community of overseas Vietnamese, with many of whom own supermarkets, distribution and supply stores. He affirmed that the Consulate General is always ready to accompany Vietnamese and Thai businesses in promoting trade cooperation in the spirit of harmonizing benefits, contributing to promoting stable development in both nations. Tran Phi Tuong, Deputy Director of the Investment, Trade and Tourism Promotion Center of Quang Tri province, Head of the Vietnamese delegation, said that businesses joining the delegation want to … [Read more...] about Vietnamese firms seek to boost trade ties with businesses in Thailand’s Northeastern region
Vietnam joins first “International TECHFEST in Australia”
The event saw the participation of Vietnamese and Australian officials and over 100 experts, investors, and investment funds from the two countries. Minister of Science and Technology Huynh Thanh Dat said that the event is an opportunity to promote the image of Vietnam's open and dynamic creative start-up ecosystem. It’s also a bridge connecting businesses and organizations with international resources around the world. Vietnam calls on overseas Vietnamese, intellectuals, entrepreneurs, technology experts, and foreign start-ups to come to Vietnam and work with Vietnamese partners to solve local and global challenges, he said, adding Australia is a potential technology and capital market. The minister said Vietnam’s start-up ecosystem in the coming time needs linkages with regional and international systems, particularly those with experiences and resources like Australia’s. At the event, innovative start-ups had an opportunity to present to Australian venture capital companies … [Read more...] about Vietnam joins first “International TECHFEST in Australia”
Just energy transition requires higher laborers’ skills: Experts
Dr. Guido Hildner, German Ambassador said that in his country, the number of employees working in occupations requiring green skills increased 56.7% to 5 million between 2012 and 2020. This shows that the energy transition is a complex and demanding process, but also provides great opportunities to the people and the economies. Noting that Vietnam has set a target of net-zero emission by 2050, the diplomat said that Germany has supported Vietnam in employment transition by training Vietnamese workers in the fields of electricity, electronics and roof-top solar power installation. Each year, tens of thousands of students are trained in 11 vocational training facilities, 79% of whom have been employed. With high labor demand, Vietnam will need long-term decisions from the State, along with the promotion of creativity and innovation in the public and private sectors, and the mobilization of public and private investment, especially in modernizing the power grid as well as increasing … [Read more...] about Just energy transition requires higher laborers’ skills: Experts