The rating on the nation’s long-term, foreign currency-denominated debt was raised one level to BB, with a stable outlook. — Photo rappler.comViet Nam News WASHINGTON — Fitch Ratings has upgraded Việt Nam’s sovereign rating based on the country’s rising foreign exchange reserves and strong economic growth. … [Read more...] about Fitch raises rating for Việt Nam
Tu vi 2017 nam mang
Nam Dinh’s IP welcomes projects worth over $200 million
With a designed area of nearly 14,000ha, the Rang Dong Textile Industrial Park - Aurora IP aims to become a modern IP of Nam Dinh Province. Its first phase spanning 520ha has fulfilled legal conditions to receive investment projects in various fields, including garment-textile and support industries. — VNS … [Read more...] about Nam Dinh’s IP welcomes projects worth over $200 million
Nam Dinh-based Rang Dong Textile Industrial Park sign land lease contracts with foreign firms
Amid difficulties causing by the COVID-19 pandemic, Aurora IP still proves its attractiveness and unique value of being a well-invested industrial park by inking a deal with a total investment of more than $200 million for land lease contracts with two investors to develop high-tech textile and dyeing projects. … [Read more...] about Nam Dinh-based Rang Dong Textile Industrial Park sign land lease contracts with foreign firms
Viet Nam attractive destination for Aussie investors post-pandemic
Kyle Springer, a senior analyst at the University of Western Australia’s Perth USAsia Centre, said that Viet Nam could become an important partner of Australia in the global supply chain as Australia wants to diversify partners after the pandemic ends. … [Read more...] about Viet Nam attractive destination for Aussie investors post-pandemic
Viet Nam to face power shortages
Notably, 10 major power projects were supposed to go into operation from 2016-20 according to the adjusted plan, but they have been delayed beyond 2020. The projects in question are Song Hau 1 (1,200MW), Thai Binh 2 (1,200MW), Long Phu 1 (1,200MW), Na Duong 2 (110MW), Cam Pha 3 ( 440MW), Cong Thanh (600MW). Renewable energy sources (mainly solar power) have grown much faster than their targets thank to the impacts of development incentive policies. … [Read more...] about Viet Nam to face power shortages
