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Tag Archive for ‘Singapore’

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 […]

Vietnam to build customs bond system

The Global Alliance for Trade Facilitation (GATF) will help Viet Nam to establish a customs bond system – part of the country’s efforts to modernize and reform administrative procedures relating to import and export. The GATF and the Viet Nam Private Sector Forum (VPSF) launched their joint project on customs bond last Friday, aimed at […]

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 […]

Vietnamese company installs equipment in Brunei

Lilama 69-2 Company, a subsidiary of the Lilama Corporation, has completed the installation of its equipment at an Air Liquide plant in Kuala Belait, Brunei. This is the first equipment installation project of Lilama 69-2 overseas. To date, all equipment of the production line has been installed at the plant. A system comprising of five […]

Standing witness to Vietnam’s rise

On the occasion of Vietnam’s National Day on September 2, VIR gets an insight into foreign CEOs’ thoughts and feeling about the country’s vitality and development, and why Vietnam has become their home away from home. Ronan Le Bihan  CEO at Mango Bay Resort, Phu Quoc In 2002, I was offered a position for the […]