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PPP law to be drafted in 2018

PPP law to be drafted in 2018

Vietnam is expected to start building a law on public-private partnership (PPP) investment in 2018 to pave the way for future foreign investment inflows.

US president’s visit galvanises firms

US president’s visit galvanises firms

As the US and Vietnam seek to deepen economic ties, US President Donald Trump’s upcoming visit to Vietnam is expected to create a positive attitude among the US business community, which is likely to unlock further bilateral trade and investment opportunities. Thanh Van and Tung Trang report.

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PV Oil ready to roll out E5 bio-fuel nationwide

PV Oil ready to roll out E5 bio-fuel nationwide

PetroVietnam Oil Corporation (PV Oil) is willing to switch from RON A92 petrol to bio-fuel E5 on nationwide from January 1, 2018, according to newswire Cafef.

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SolarBK first local firm licensed to build solar farm

SolarBK first local firm licensed to build solar farm

The leading renewable energy solutions provider in Vietnam, SolarBK, has just received a licence to develop a 4.4-megawatt peak solar farm in Danang, acting not only as the project owner, but also the first Vietnamese engineering, procurement, and construction firm for a solar project.

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Honda Vietnam makes bank on Vietnamese motorcycle market

Honda Vietnam makes bank on Vietnamese motorcycle market

The convenience of riding a motorcycle and Vietnamese people’s admiration for Honda vehicles are bringing a mountain of profit to the company, with each year’s  profit figures doubling or tripling on-year. Particularly, Honda’s after-tax profit peaked in 2016, reaching the billion-dollar mark.

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Exports to APEC: “A golden opportunity”

Exports to APEC: “A golden opportunity”

The exports of many of Vietnam’s key commodities, such as telephones and components, textiles, footwear, and agricultural and fishery products, have been greatly boosted thanks to the country’s efficient exploitation of major markets in APEC economies.

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More projects worth VND9 trillion invested in Quang Ngai

More projects worth VND9 trillion invested in Quang Ngai

Provincial leaders have granted a decision on investment policy and investment registration certificates for 14 projects totally capitalised at over VND9,000 billion (including five FDI projects) in central Quang Ngai province.

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Foreign investors eye golden land plot of unfinished Vung Tau-Paradise

Foreign investors eye golden land plot of unfinished Vung Tau-Paradise

Numerous domestic and foreign investors have expressed their ambition to take over the golden land plot of the unfinished Vung Tau-Paradise project.

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H&M and Zara open first stores in Hanoi

H&M and Zara open first stores in Hanoi

The emergence of Zara and H&M in Vietnam is heating up the competition among local fashion brands and garment manufacturers, exacerbating the battles in prices, designs, and the international feature.

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Vietnam to become next outsourcing hotspot

Vietnam to become next outsourcing hotspot

The latest report by PwC forecasts that outsourcing will be among the top five most attractive sectors for foreign investment in Vietnam.

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Foreign investor spends $29 million on stake in Tien Phong Plastic

Foreign investor spends $29 million on stake in Tien Phong Plastic

A foreign investor spent $29.3 million buying nine million of the 21.27 million shares in Tien Phong Plastic JSC divested by Nawaplatic Industry Co., Ltd.

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Viettel’s Peru branch makes $45-million 4G investment

Viettel’s Peru branch makes $45-million 4G investment

Bitel, a mobile telecommunications brand from Peru owned by Vietnamese military-run Viettel Group, has poured an additional $45 million to expand its 4G network in 2017, making Bitel the telecommunications service provider with the largest 4G network in Peru, according to newswire ITCnews.

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Deputy PM wants ICT investment

Deputy PM wants ICT investment

The digital aspect of the global economy is among the leading drivers of growth and development, and the foundation for increased industrial productivity, as well as creating opportunities for businesses, stated Deputy Prime Minister Vu Duc Dam at the 2017 Viet Nam Information and Communications Technology (ICT) Investment Forum (VIF) held on Wednesday in Ha Noi.

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Smart city goals propel Hanoi building projects

Smart city goals propel Hanoi building projects

Hanoi will focus its foreign investment attraction on transport, logistics, healthcare, education, and waste treatment in a move to become a smart city in the future.

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Logistics FDI rises in the face of retail expansion

Logistics FDI rises in the face of retail expansion

Vietnam’s appeal as a destination for foreign logistics providers is rising on the back of its expanding retail market.

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High-tech tax cut might follow last year’s IT slash

High-tech tax cut might follow last year’s IT slash

Amid growing interest from foreign investors, Vietnam will soon consider cutting 50 per cent of personal income tax for employees in high-tech industries, paving the way to attracting more foreign investment in the sector.

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