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The Hanoitimes - In 2020, Hanoi targets to attract over US$5 billion in FDI, while investment promotion activities would focus on new markets, particularly member countries of the CPTPP and the EVFTA. The “Hanoi 2020 – Investment and Development Cooperation” conference, held on June 27, strongly promoted Hanoi as a safe and attractive investment destination in the post-Covid-19 era, according to Nguyen Gia Phuong, director of the Hanoi Promotion Agency. Leaders of Hanoi and the central goverment at the conference. Photo: Pham Hung. The first conference of this kind was held in 2016 when the city attracted 23 projects with investment capital of VND36.91 trillion (US$1.58 billion). In another conference one year later, the number of projects given an investment license increased to 48 worth VND74.36 trillion (US$3.19 billion). Notably, the 2018 edition of this conference, with 71 projects worth VND397 trillion (US$17.06 billion), laid the foundation for Hanoi to claim the top spot nationwide in two consecutive years of 2018 and 2019 in terms of foreign direct investment (FDI) attraction. In 2019, Hanoi attracted US$8.67 billion in FDI, the highest figure after 30 years of the open door policy. The actual FDI amounted to US$6.9 billion, up three-fold compared to that of in 2018. Japan is currently the largest investor to Hanoi with US$10.9 billion, followed by Singapore with US$8.2 billion, and South Korea with US$6.3 billion. This results reflect strong efforts by the local authorities in promoting investments and improving the business environment, Phuong said. For this year, the “Hanoi 2020 – Investment and Development Cooperation” was held right after the Covid-19 pandemic had been contained in the city. The event showed Hanoi’s determination to be the pioneer among Vietnam’s localities in rebooting the economy in the post-pandemic period. More importantly, the process would accelerate Hanoi’s administrative reform and enhance …

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The Hanoitimes - Hanoi hopes trade link will support its export-driven economy while London is trying to secure trade deals ahead of the transition period after Brexit. Vietnam and the UK have agreed refresh and strengthen their strategic partnership and set the framework for forging ahead in the next decade. Vietnam and the UK look to forge ahead the partnership in the next decade. Photo: MOFA The two sides adopted a joint declaration at a meeting between Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and UK Foreign Secretary Dominic Raab on September 30 during the British diplomat’s visit to Hanoi, the first by a European politician to Vietnam since the start of the Covid-19 pandemic. The declaration, which marks a milestone of 10 years of the Vietnam-UK Strategic Partnership, outlines the UK and Vietnam’s commitment to further strengthening the bilateral partnership. It includes (1) deepening bilateral trade and investment, and pursuing more open trade through global and regional economic integration; (2) co-operating to support sustainable economic growth, and to combat the urgent challenges presented by climate change; (3) working together on shared security challenges through peace-keeping operations, military healthcare and training and maritime security; (4) enhancing ties in education, vocational training, higher education, particularly in the field of science and technology; (5) enhancing bilateral cooperation in defense and security and to combat serious and organized crime; (6) promoting people-to-people links, equal rights, including promoting gender equality and tackling modern slavery; and (7) committing to a closer coordination through multilateral fora, including the United Nations and within the framework of ASEAN. Trade deal dominates the visit To prepare for partnership in the next 10 years, the two sides highlighted the importance of a bilateral trade agreement that dominates …

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Vietnam logs no new COVID-19 infections on March 1 morning Vietnam documented zero COVID-19 infections in the past 12 hours as of 6:00 am on March 1, leaving the national tally unchanged at 2,448 patients, according to the National Steering Committee for COVID-19 Prevention and Control. Earlier, Vietnam reported 16 COVID-19 cases at 6pm on February 28, including 12 locally infected cases in the northern province of Hai Duong, the country's largest COVID-19 hotspot, and four imported cases in the southern provinces of Tay Ninh and Dong Thap. Of the total infections, there were 1,542 domestically-transmitted cases, including 849 recorded since the latest outbreak hit the northern province of Hai Duong on January 27. Ten cities and provinces nationwide have gone through 16 consecutive days without any locally-infected cases of COVID-19, including Hoa Binh, Dien Bien, Ha Giang, Binh Duong, Hung Yen, Bac Giang, Gia Lai, Bac Ninh, Quang Ninh, and Ho Chi Minh City. Meanwhile, Hanoi has recorded 14 straight days of no coronavirus cases. A total 60,693 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 560 at hospitals, 12,298 at other quarantine sites, and 47,835 at home. Among patients under treatment, 62 have tested negative for SARS-CoV-2 once, 53 twice, and 95 thrice. Report from the Treatment Sub-committee showed that Vietnam has seen 1,876 recoveries so far. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering), and khai bao y te (health declaration)./. Hai Duong dissolves COVID-19 treatment hospital No.1 Chairman of the Hai Duong provincial People's Committee Nguyen Duong Thai, who is also head of the provincial Steering Committee for COVID-19 Prevention and Control, on February 27 decided to …

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