Korean trade investment promotion agency

The representative of the European Chamber of Commerce in Vietnam (EuroCham), said that Vietnam, particularly Hanoi, is an attractive investment destination. EU companies are interested in investment in Hanoi, hoping that the city will make new steps in administrative reform and information update to facilitate investors’ decision-making. … [Read more...] about Hanoi grants investment certificates to 229 projects totalling $17.6 billion today

On September 9, the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT), the Vietnam Trade Office in Japan, and the Japan External Trade Organization (JETRO) held an online trade conference to connect investment between Vietnam and Japan with the participation of hundreds of enterprises from the two countries. At this event, Director General of the Vietnam Trade Promotion Agency Vu Ba Phu affirmed that Japan is always one of the major investors in Vietnam in both terms of the number of projects and the total investment capital. According to Mr. Vu Ba Phu, the wave of Japanese investment in Vietnam has constantly increased in both the number of enterprises and investment capital. Specifically, in 2018, Japan led the list of countries investing in Vietnam with US$8.59 billion, accounting for 24.2 percent of the total investment capital among 112 countries and territories with investment projects in Vietnam.  By the end of 2019, more than 2,000 Japanese … [Read more...] about Japanese investors expand investment in Vietnam

Vinh Phuc (VNA) – The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP). According to the provincial People’s Committee, nine out of 20 industrial parks and clusters approved by the Prime Minister have become operational. The locality has had more than 10,500 businesses. In the 2015-2020 period, the average growth of the province’s industrial-construction production value is estimated to reach 12.1 percent per year, nearly doubling the target set at the resolution released at the 16th Party Congress of the province. The sector also makes up more than 65 percent points to the whole economic growth of the province. The added value of the processing-manufacturing sector of the province accounts for 4.5 percent of the added value of the sector in the whole country. Meanwhile, electronic spare parts have been the leading export products of … [Read more...] about Industrial sector helps promote Vinh Phuc economic growth

Meanwhile, the export of forest products reached US$7.3 billion during the January-August period, up 9.3 percent over the same period last year. According to the Ministry of Industry and Trade, the main factor driving the export of Vietnamese wooden products over the past two months was virtually uninterrupted production, unlike the situation in other major producers such as China, Germany and Italy. … [Read more...] about Agro-forestry-fishery exports record trade surplus

According to the organizing board, the participation of quite a few exhibitors of fruits from Italy and other countries around the world is a good chance for Vietnamese enterprises, distributors and importers to learn and look for business cooperation in the context that the EVFTA has been effective as from August 1, 2020 with many preferential tariffs. … [Read more...] about Macfrut Digital 2020: The digital trade show for the entire fruit and veg sector