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Tag Archive for ‘China’

Regina Miracle project increases capital to US$500 million

The Regina Miracle International Vietnam Project has increased its investment capital to US$500 million from US$350 million. The project, invested by Regina Miracle International of Hong Kong (China), received investment certification in 2014 with total registered capital of US$150 million at the Vietnam-Singapore Industrial Park based in the northern port city of Hai Phong. It […]

FDI to Vietnam is mostly from Asia, with South Korea ranked first

The great advantages of Vietnam’s business environment and its membership in FTAs and the AEC have helped to attract many investors from Asia. The Ministry of Planning & Investment (MPI) report said that in the first eight months of the year, foreign investors pledged to invest $23.36 billion in Vietnam, an increase of 45 percent […]

Vietnamese leader Nguyen Van Binh attends third Eastern Economic Forum

Head of the Vietnamese Party Central Committee’s Economic Commission Nguyen Van Binh is currently attending the third Eastern Economic Forum which opened in Vladivostok city, Russia, on September 6. This year’s forum themed ‘The Russian Far East: Creating a New Reality’ has attracted the participation of nearly 5,000 delegates who are State leaders, entrepreneurs, experts […]

Vietnamese maker exports mooncakes to US, China

Mooncakes under Mondelez Kinh Do’s brands have been exported to the US and China so far this year for the upcoming Mid-Autumn Festival. A representative from Mondelez Kinh Do said Kinh Do mooncakes have been exported to the US for several years and this year they hit retail shelves in the US in late August […]

Vietnam’s real estate remains 2nd largest FDI lurer

Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date. According to the Ministry of Planning and Investment’s Foreign Investment Agency, between January and August 20, the real estate sector […]

Vietjet carries 260,000 passengers during the Vietnam National Day holiday (September 2-4)

The low-cost airline Vietjet Air operated about 1,500 flights, serving nearly 260,000 passengers during the National Day holiday (September 2-4). The number of Vietjet Air’s passengers this holiday increased 27% year-on-year, with punctuality rate reaching 88.3%. The airline also launched various programmes during its flights, such as presenting gifts and domestic flight tickets to customers. […]

Bình Dương urges investment in hi-tech fields

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. The statement was made by Trần Thanh Liêm, chairman of Bình Dưong People’s Committee, at his meeting with James Ha, chairman of South Korea-based Sae-A Group, held in Bình Dương […]

Binh Duong calls for investment in less labour-intensive industries

The southern province of Binh Duong will focus on attracting investment in hi-tech, less labour-intensive and environmentally friendly industries in the time ahead. Chairman of the provincial People’s Committee Tran Thanh Liem made the remark while meeting with CEO of the Republic of Korea (RoK)’s Sae-A group James Ha on September 5. Liem noted his […]

Vietnam’s paper imports from US rise high

Paper imports from the US skyrocketed 203.4% to 17,700 tons in the first seven months of this year, according to latest statistics from the General Department of Vietnam Customs. The Department reported that July was the second month of this year seeing a decline in paper imports with 169,900 tons valued at US$136.3 million, down […]

Dong Nai records US$1.4 billion trade surplus in eight months of 2017

The southern province of Dong Nai enjoyed a trade surplus of nearly US$1.4 billion in the first eight months of the year, according to the provincial Statistics Office. In the eight-month period, the province shipped nearly US$11 billion worth of products to foreign countries, a year-on-year increase of 11 percent. The trade surplus was contributed […]