Investment

Protecting the property rights to artificial forests and cultivated aquatic animals is of the utmost importance to attracting private investment in aquaculture and forestry, a recent report on the Vietnamese economy has concluded.

PetroVietnam Power Corporation (PV Power), a subsidiary of State-owned energy giant PetroVietnam, will invest in nine gas-fired power plants by 2025.

The commitment signed by the Vietnam Chamber of Commerce and Industry (VCCI) and all 63 provinces and cities in the spirit of the Governmental Resolution 35 on creating a favourable business environment for enterprises has initially produced positive results.

Vietnam exported about 79.3 billion USD worth of commodities in the first five months of 2017, an increase of 17.4 percent from the same period last year.

The PM has recently approved a project on the restructuring of State-owned enterprises (SOEs) in the period of 2016-2020, with a focus on State-owned economic groups and corporations.

As many as152 new companies have been formed in Ninh Binh in the first quarter of this year ,representing a year-on-year increase of 10%, reported the Department of Planning and Investment.

Agricultural and economic experts gathered at a Hanoi conference on May 24 to discuss the measures needed to recognise and re-position market for agricultural products in Vietnam.

Vietnam is willing to cooperate with Madagascar in the fields it is strong in and Madagascar has demand for, such as agriculture, trade and investment.

The export value of agro-forestry-aquatic products reached 10.8 billion USD in the first four months of 2017, a year-on-year surge of 9.1 percent, according to the Ministry of Agriculture and Rural Development.

In the first quarter of 2017, foreign direct investment (FDI) flows kept moving strongly into the real estate market, showing the rising heat and appeal of the Vietnamese property sector.

The Ministry of Planning and Investment has drafted a Decree on encouraging businesses investing in agriculture and rural areas, which proposes assistance in investment in agriculture applying high technology, training human resources and developing consumption market.

Under Decision 11/2017/QD-TTg, organizations and individuals engaging in solar development projects will get preferential benefits on investment, tax, and land.

The World Bank (WB) is scheduled to work in July to remove some countries including Vietnam from the list of concessional loans from the WB's International Development Association (IDA).

Revenues from agro-forestry and fishery exports in the first three months of 2017 hit US$7.6 billion, up 7.6 per cent against the same period last year, according to the Ministry of Agriculture and Rural Development.

With the addition of a foreign capital portfolio in the form of capital contribution and share purchase in the national statistics system, the picture of foreign investment attraction in Vietnam is gradually becoming clearer.

Revenues from agro-forestry and fishery exports in the first three months of 2017 hit US$7.6 billion, up 7.6% against the same period last year, according to the Ministry of Agriculture and Rural Development.

Domestic automobile manufacturers and assemblers have urged the government to take steps to ensure their survival once the zero tariff on imported cars goes into effect next year.

The Japanese Embassy in Viet Nam on March 21 announced the US$2-million aid for 18 projects in 15 localities in Viet Nam.

The Nam Dinh provincial People's Committee has received the approval of Prime Minister to research the implementation of the highway section from Ninh Binh to Nam Dinh under Public Private Partner (PPP) type in the 2017-2021 period.