VIETNAM’S POTENTIAL FOR SOLAR ENERGY DEVELOPMENT
Vietnam is blessed with excellent sunshine throughout the year, providing it with a huge potential for developing solar power.
FDI ATTRACTION IN EIGHT MONTHS TOPS 19 BILLION USD
Vietnam reeled in more than 19 billion USD from FDI attraction in the first eight months of this year, according to the Ministry of Planning and Investment.
BUSINESS CHAMBERS JOINTLY THANK VTP GROUP FOR VACCINE DONATION
Between August 18th and 20th, Thong Nhat Hospital, Traditional Medicine Institute, 115 Hospital and University Medical Center in HCMC were overwhelmed with warm hearts and hands from volunteers to administer the long-awaited vaccines for the respective communities in the city donated by Van Thinh Phat Group (https://vtpgroup.com.vn/).
EXPORT OUTLOOK DEPENDS ON VIRUS CONTROL
Việt Nam's exports may reach as high as US$313 billion by the end of 2021, a 10.7 per cent increase year-on-year, only if the country manages to stop the spread of the novel coronavirus, according to a report by the Ministry of Industry and Trade.
DANANG MAINTAINS FAVOURABLE POSITION AS MAGNET FOR FOREIGN-INVESTED ENTERPRISES
As the central city of Danang continues to be an attractive destination for foreign-invested enterprises, the city is expected to see more scrutiny on transfer pricing from local tax authorities and rising demand for related consultation services.
HANOI TO TIGHTEN TRAVEL REGULATIONS FROM SEPTEMBER 8
Hanoi will tighten the check of travel permit from September 8 as part of efforts to ensure strict implementation of social distancing measures to prevent the spreading of COVID-19 pandemic.
LONGER-TERM FDI STRATEGY IN NEED OF SITUATIONAL TWEAKS
The current disruption to supply chains has created disadvantages for attracting foreign direct investment (FDI) and executing projects, and the downward trend in investment attraction was noted by the Ministry of Planning and Investment (MPI) in a recent report to the legislature.
PORTS SEE INCREASE IN GOODS HANDLING DESPITE COVID-19
Thanks to the adoption of drastic COVID-19 prevention measures at ports, the volume of goods that passed through ports in the first eight months of the year increased by 18% year-on-year to 16.8 million TEUs, the Vietnam Maritime Administration said.
