The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen Xuan Phuc. The two-way trade is projected to hit 1.1-1.2 billion USD in 2019, up 12.6 percent year-on-year, surpassing the targets of 1 billion USD and 10 percent set by the Government. Vietnam has become the third biggest investor in Laos with 413 projects valued at 4.22 billion USD, with the most outstanding a joint venture of Viettel Military Industry and Telecoms Group (Viettel), projects of Vietnam Rubber Group, Muong Thanh Hotel, Crow Plaza, LaoViet Bank, and Xekaman 1 hydropower plant. PM Nguyen Xuan Phuc speaking at the meeting Besides, Vietnam has committed to providing 3.25 trillion VND (139.8 million USD) in non-refundable aid for Laos during the 2016-2020 period, including 707 billion VND in the 2019 fiscal year, up 18.4 percent against the previous year, aiming to help the neighboring country implement projects on … [Read more...] about Vietnam – Laos trade hits 940 million USD in ten months
Japanese investors in india
PM Dũng encourages stronger cooperation between Hải Phòng and Shenzhen
In the morning of his first working day in Beijing, October 22, PM Nguyễn Tấn Dũng received ShenzhenCity’s Mayor Xu Zongheng and some investors from the city in southern China’s GuangdongProvince. PM Dũng highly spoke of Shenzhen’s active realization of the agreements reached by Guangdong Province and some Vietnamese partners. He considered the cooperation between Việt Nam’s Hải Phòng City and Shenzhen to build an industrial zone in the Vietnamese city a big project, urging the two sides to make greater efforts to be able start the construction in December. Shenzhen Mayor Xu Zongheng affirmed that his city would closely work with Hải Phòng to ensure the schedule, planning scheme and site clearance. In the same morning, PM Dũng and his entourage paid visits to the Beijing Planning Museum and Hua Wei Company, one of the leading telecommunications corporations in China. Source: CP … [Read more...] about PM Dũng encourages stronger cooperation between Hải Phòng and Shenzhen
Hanoi-Shenzhen, Guangzhou flights launched
The will be two flights between Hanoi and the Chinese destinations each day, boosting tourism ties between Vietnam and China. Photo for illustration The flights are also expected to help Vietnam attract more tourists from third countries as Shenzhen and Guangzhou are home to many foreign workers, businesses and investors. In 2017, Vietnam welcomed 4 million Chinese tourists, some 30 percent of the nearly 13 million foreigner visitors to the Southeast Asian country. China has been an important tourism market of Vietnam in recent years. Meanwhile, an increasing number of Vietnamese have picked China as their top destination. According to the UN World Tourism Organization, 3.1 million Vietnamese traveled to China in 2016. Source: VNA … [Read more...] about Hanoi-Shenzhen, Guangzhou flights launched