The Central Highlands province of Gia Lai’s People’s Committee has given the go-ahead to the Gia Lai Electricity JSC, to invest in a solar power plant.

Energy, high-tech agriculture and information technology are the new investment fields discussed yesterday at the Viet Nam-Hungary Business Forum held within the framework of Hungarian Prime Minister Viktor Orban’s visit to Viet Nam.

The Department for Economic Zones Management (DEZM) of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organization, administration and foreign investment incentives and policies.

In the framework of the 22nd Ministerial Conference of the Greater Mekong Sub-Regional (GMS) Economic Cooperation Programme, ministers approved the regional investment framework (RIF) for the 2018-2022 period with 222 investment and technical support projects worth a total of $64 billion to be implemented in ten areas.

Since October 2, 2017, foreign employees working in Viet Nam shall be able to apply for work permits via electronic portal.

Since October 2, 2017, foreign employees working in Viet Nam shall be able to apply for work permits via electronic portal.

The central city has attracted 43 new foreign direct investment (FDI) projects worth US$60 million in the first eight months this year, 4.6 times the amount in the same period last year, vice director of the the Da Nang Investment Promotion and Support Agency, Nguyen Ky Anh said.

PM Nguyen Xuan Phuc said Vietnamese Government is ready to be attentive and responds to every question of foreign investors for ultimate goal of improving business environment.

In preparation for the coming open energy market in Vietnam, the World Bank and the Ministry of Industry and Trade (MoIT) will implement the pilot programme to auction solar power with the floor price of 9.35 US cent per kWh. The programme is aimed at accelerating the development of registered projects, while simultaneously luring in more new investment capital.

The World Bank Group will help Vietnam develop a strong private sector, which will be able to get fairer treatment in a level domestic playing field.

HCM City has attracted US$3.23 billion in foreign direct investment (FDI) in the first eight months of 2017, reported the municipal Department of Planning and Investment. This is 1.57 times higher than the figure in the same period last year.

Equitisation of State owned enterprises (SOEs) has progressed well in 2011-2016 period and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard, said an official from the Ministry of Finance.

A series of policies on safe, friendly education environment and school violence prevention and control, special mechanisms and financial budget policies for the northern city of Hai Phong and financial regimes for foreign credit institutions and bank branches and financial supervisory agencies come into effect since September 2017.

VGP - The National Assembly passed Law No. 04/2017/QH14 on supporting small and medium sized enterprises (SMEs).

The southern province of Bình Dương will focus on the attraction of investment in hi-tech industries that are less labour intensive and more environmentally friendly.

In July, ERA Real Estate, a foreign broker, quietly opened five transaction points and one commercial office in the central business district of HCM City. The company now has 300 consultancy officers trained and certified in accordance with international standards.

Vingroup today organised the ground-breaking ceremony of its electric automobile and motorbike manufacturing complex named Vinfast, representing a total investment capital of VND35 trillion ($1.5 billion), marking the group’s first step to becoming Southeast Asia’s “Made in Vietnam” automobile brand, according to newswire Zing.

The National Assembly passed Law No. 04/2017/QH14 on supporting small and medium sized enterprises (SMEs).

Regional economic integration will continue to be one of APEC’s core cooperation pillars, including the fostering of Regional Trade Agreements/Free Trade Agreements (RTAs/FTAs) with the goal of realising a Free Trade Agreement in the Asia-Pacific region (FTAAP), a high-ranking official has said.

The government has just announced the list of 406 state-owned enterprises (SOEs) to be divested in the 2017-2020 period, drawing heavy attention from investors. The list includes many big names, such as Vietnam Engine and Agricultural Machinery Corporation (VEAM), Airports Corporation of Vietnam (ACV), Vietnam Airlines, PVOil, and PVTex, promising interesting market prospects ahead.