1. At the invitation of Prime Minister Andrej Babis of the Czech Republic, Prime Minister Nguyen Xuan Phuc of the Socialist Republic of Viet Nam paid an official visit to the Czech Republic from April 16-17, 2019. Within the visit, Prime Minister held bilateral talks with Prime Minister Andrej Babis, had bilateral meetings with President Milos Deman and Speaker of the Czech Chamber of Deputies Radek Vondracek, attended the Viet Nam-Czech Republic Business Forum, and met with representatives of the Vietnamese community in the Czech Republic. 2. The bilateral meetings took place in the atmosphere of friendship and mutual understanding. At the talks, the two Prime Ministers informed each other about recent politic and economic situations and priorities of foreign policies of respective countries, exchanged on concrete measures to boost the bilateral ties and discussed on regional and international issues of mutual interest. 3. Prime Minister Nguyen Xuan Phuc affirmed Viet Nam always … [Read more...] about Full Viet Nam-Czech Republic Joint Statement
Viet nam investment
Full Viet Nam-Romania Joint Statement
15:38 | 18/04/2019 VGP - Viet Nam and Romania issued Joint Statement on the occasion of Prime Minister Nguyen Xuan Phuc's official visit to Romania from April 14-16 at the invitation of Prime Minister Viorica Dăncilă 1. At the invitation of H.E Mr. Viorica Dăncilă, Prime Minister of the Republic of Romania, Prime Minister Nguyen Xuan Phuc paid an official visit to Romania from April 14-16, 2019. During his visit, Prime Minister Nguyen Xuan Phuc held bilateral talks with Prime Minister Viorica Dăncilă, and had bilateral meetings with Romanian President Klaus Iohannis, President of the Romanian Chamber of Deputies Liviu Dragnea, and President of the Romanian Senate Călin Popescu Tăriceanu. He also met with representatives of Vietnamese people in Romania. 2. At the talks, Prime MinisterNguyen Xuan Phuc and Prime Minister Viorica Dăncilă briefed each other about recent political and socio-economic situations in each … [Read more...] about Full Viet Nam-Romania Joint Statement
Viet Nam invests $432 million abroad in 2018
Viet Nam’s total outbound investment in 2018 was estimated at US$432 million. - Photo doanhnhansaigon.vn Viet Nam’s total outbound investment in 2018 was an estimated US$432 million, according to the General Statistics Office. Of that number, $376.2 million was poured into 149 new projects while the remaining $56 million was pledged to existing projects. A breakdown of sectors shows the banking and financial sector received the largest share of Vietnamese investment at $105.8 million, equivalent to 24.5 per cent of the total investment, followed by $82.9 million to retail, wholesale and vehicle repair. The agricultural sector received $52.3 million (12.1 per cent) and manufacturing received $52.1 million (12 per cent). Among the 38 countries and territories where Vietnamese investors are active, Laos was the largest recipient with $81.5 million, followed by Australia and the United States, which received $55.5 million and $53 million, respectively. — … [Read more...] about Viet Nam invests $432 million abroad in 2018
Cuba top five luring Việt Nam investment
The Mariel Special Development Zone in Cuba has attracted investment from Việt Nam. - Photo vietnamconstruction.vnViet Nam News HÀ NỘI — Cuba was among the top five countries attracting Vietnamese investment in the first 10 months of this year, according to the Foreign Investment Agency. The agency, under the Ministry of Planning and Investment (MPI), reported that Vietnamese firms registered investments of US$20 million in Cuba in the first 10 months of 2018. Although the figure was modest, it demonstrates that Vietnamese companies have begun to pay attention to Cuba, which is in the first stages of opening its market, promising more opportunities for investment and business cooperation in the future. Forecasts once stated that after Laos, Cambodia and Myanmar, Cuba would emerge as a top investment destination because of its significant potential. The Cuban government has called on Vietnamese businesses to invest in the country, according to the agency. … [Read more...] about Cuba top five luring Việt Nam investment
Tech drives Viet Nam investment
The man works in the steel pipe factory of Hoa Phat Group JSC. Hoa Phat is among the top 10 most profitable companies in Viet Nam. — VNA/VNS Photo Ngoc Ha A Viet Nam Report survey on the 500 most profitable companies in the country said most business insiders expect technology to remain the leader in attracting investment. The survey announced the Profit500 Ranking for Viet Nam in Ha Noi on Monday. Technology was the most common answer among enterprises (51.4 per cent of respondents), construction and real estate (40 per cent) and retail (34.3 per cent). In the Profit500 Ranking, the companies with the highest average pre-tax profits are in telecommunications, information and technology. The enterprises have the potential to show stable growth profit indicators. While the world is moving towards the Fourth Industrial Revolution, the application of technology in Vietnamese businesses is still in its early stages due to lack of capital, infrastructure and a skilled workforce. The … [Read more...] about Tech drives Viet Nam investment