Vietnam, an attractive destination for Chinese investors
Monday, May 13,2019AsemconnectVietnam - Vietnam now an attractive investment destination for Chinese companies, according to the recent Vietnam-China Trade Investment Promotion Conference held in Hanoi.
The event provided participants with information, assessments, and forecasts on the investment challenges and opportunities in 2019 and encouraged businesses to take advantage of incentives under Vietnamese law and preferential treatment under free trade agreements.
Huang Rong, CEO of the Yingke Vietnam Co. said “Many of Yingke Group’s clients have chosen Vietnam as a place to invest in because of good infrastructure, quality of the workforce, and affordable prices. Our company has helped Chinese enterprises take steps to analyze financial, accounting, human resources, and management before deciding to invest in Vietnam.”
Nguyen Noi, Deputy Head of the Foreign Investment Agency at the Ministry of Planning and Investment, said Vietnam always hopes to receive more fresh investment from China, in particular projects with high technology. He added priorities will be given to machinery, electronics, pharmaceuticals, support industries, robotics, information technology, infrastructure, and clean energy.
China is now Vietnam’s biggest trade partner with bilateral trade reaching 106 billion USD last year and the 7th largest investor in Vietnam with a total registered capital of nearly 15 billion USD. In the first four months of this year, China was Vietnam’s biggest investor with new capital reaching 1.3 billion USD.
Source: vov.vn
Indian research intern: Vietnam’s clean energy transition accelerates
Nordic countries share green solutions for circular economy with Vietnam
Vietnam promotes negotiations of FTA with Mercosur
Vietnamese, Dutch localities step up cooperation
Vietnam joins Multilateral Convention to tackle tax evasion and avoidance
Vietnam, Mexico see ample room for trade cooperation: workshop
Hoa Binh province exports first batch of fresh sugarcane to US
Aviation firms ready to welcome Chinese tourists
Vietnam, South Africa explore cooperation potential
Mong Cai int’l border gate facilitates Vietnam’s exports to China
Vietnam’s trade with top 11 Asian markets is set to grow significantly
Foreign direct investment projects go green
Vietnam has dual opportunity from offshore wind power: Danish Ambassador
Mini Thailand Week kicks off in Quang Ninh
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...