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In addition, we recommend that foreign investment limitations, an overly restrictive legal framework of laws, and burdensome administrative procedures should be carefully reviewed and selectively relaxed to encourage increased US investment. In our view, by opening its market to more US goods and services, Vietnam can help to rectify the growing trade imbalance between the two countries in a manner that benefits both countries. … [Read more...] about Incentives for US and Vietnam to prosper together

An artist’s impression of the Sapa airport project in the northern province of Lao Cai. Prime Minister Nguyen Xuan Phuc decided to establish an appraisal council for the project’s pre-FS – PHOTO: BAOTAINGUYENMOITRUONG.VN HCMC – Prime Minister Nguyen Xuan Phuc has decided to establish an appraisal council for the pre-feasibility study (pre-FS) of the Sapa airport project in the northern upland province of Lao Cai, with a total investment of VND5.9 trillion, reported the Dan Tri news site. … [Read more...] about Appraisal council set up for Sapa airport project’s pre-FS

We also had a strong start to our Enhanced Economic Engagement Strategy to boost two-way trade and investment with close engagement between Australia and Việt Nam on the strategy’s development, strong business stakeholder engagement and completion of underpinning economic analysis. This will continue into 2021 as we work towards finalisation of the strategy this year, which, through enhanced trade and investment, will support jobs, growth and economic recovery from COVID-19 for both countries. … [Read more...] about Reflect Respect Celebrate on Australia Day 2021