At a working session with the leaders of Hau Giang province on January 9, a company representative briefed the hosts on Dragon Joy International Engineering and its two projects. The steel mill plans to supply steel ingots, bars and wires to the Mekong Delta region while the solar energy plant will require an investment of around VND1,100 billion.Nguyen Van Quan, vice director of Hau Giang provincial Department of Planning and Investment, advised the guest of the list of prioritized investment areas and preferential policies on taxes, land rent, and others.Meanwhile Nguyen Van Tuan, vice chair of Hau Giang People’s Committee, said Hau Giang is a poor province and its economy is heavily dependent on agricultural production. Despite the creation of industrial zones, Hau Giang has yet to develop large scale industrial production. The province is willing to facilitate investors with plans to undertake such projects. However, any industrial development must ensure negative impacts on environment are minimal, said Mr Tuan.Dragon Joy International Engineering has nine subsidiaries and seven joint ventures mainly operating in the fields of real estate, finance and industrial investment, large projects, and international trade.
Firms from the US state of Washington are seeking to invest in Vietnam’s education, human resource development, and transport sectors, state media cited senior official of the US’s Tacoma World Trade Center Monday in Hanoi. The managing director made remarks during the talk with Hanoi authorities, adding US businesses are also keen on training software experts for Hanoi, and investing in intellectual property. Preferential policies, better infrastructure, and geographical position are among important factors attracting the state’s firms to invest in Hanoi, the director added. At the meeting with leaders of the Hanoi City People’s Committee, the committee’s vice chairman Phi…... [read more]
Italian entrepreneurs explore Vietnam prospectsUNIDO representative in Vietnam Patrick Gilabert said the seminar is part of the small-and medium-sized enterprise development project funded by the Italian Government.The project aims to develop international business partnerships between the two countries to carry out trade, production and technical cooperation activities.It has provided technical assistance for nearly 80 garment, footwear and timber product businesses in Vietnam, and conducted around 40 training courses and 10 fact-finding tours to Italy for Vietnamese businesses. Representatives from agencies, organizations and associations from the two countries introduced foreign investors to Vietnam’s economy and opportunities.Foreign direct investment in the production sector…... [read more]
Vietnam, Benin hope to strengthen cooperation They paid specific attention to the fields of footwear, pharmaceuticals and health care, agricultural machinery, food processing industry, timber products, garments and seafood.Dong Nai now has 30 industrial zones, attracting around US$20 billion of investment from 35 countries and territories. Average exports have increased by 20 percent annually. Key export products of the province include cashew nuts, pepper, rubber latex, garments, footwear, and timber products.Benin has great potential to develop agriculture, which accounts for 35 percent of the country’s GDP. It has a system of small farms which supply around 90 percent of agricultural…... [read more]
Illustrative photo. (Photo: VNA)Japanese businesses have shown their interest in investing in various fields such as agriculture, health care, education and personnel training during their trip to the Mekong Delta region. At a working session with the Steering Committee for the Southwestern Region in Can Tho city on September 18, Nagazaki Mikio, president of the Japan international human resources development association, who led the business delegation, said their visit aims to seek investment opportunities in the region. Mikio said his association will provide modern equipment under the form of lease for the local medical sector, helping improve the quality of…... [read more]
Thai businesses in the working session with leaders of Đà Nẵng City, July 29, 2010 The visit to Việt Nam was organized for representatives of 19 Thaibusinesses to get to know and seek investment opportunities in Việt Nam’s central coastalcity, said Ms. Pannee Chengsuttha. The guest enterprises are operating in variousfields such as garment and textile, construction materials, food processing,healthcare, education, finance, and banking. With outstanding comparative advantagesand strategic position, Đà Nẵng is one of Thailand’spriority investment destinations, said Ms. Pannee Chengsuttha, adding that the Boardhas tried to boost cooperation between Đà Nẵng and Thailand’s localities. Đà Nẵng-Thailand trade value…... [read more]
