Manufacturing sector accounts for 84.9 percent of Q1’s FDI
Vietnam’s manufacturing sector has proven a magnet for
foreign direct investment in the first quarter, absorbing 6.54 billion USD, which
accounted for 84.9 percent of total registered capital in the period, according
to the Foreign Investment Agency (FIA) under the Ministry of Planning and
The Vietnamese Robocon team on August 22 gained the third prize at the Asia-Pacific robot contest 2009 in Japan, which is sponsored by the Asia-Pacific Broadcasting Union.
Vietnam follows a consistent policy to protest against war, promote disarmament and preserve peace, State President Nguyen Minh Triet has said at the United Nations Security Council summit in New York on Sept. 24.
Vietnam cut business taxes in 2008-2009, joining many other economies in East Asia and the Pacific in strengthening business regulations to help increase opportunities for local firms, according to a report.
Two foreign banks operating in Vietnam have been permitted to launch additional services in the country, the State Bank of Vietnam announced on September 14.
It will take only five and a half hours to travel from Hanoi to HCM City by the North-South High Speed Railway once it is operational, instead of the current 30 hours.
Infrastructure developer Cavico Corporation has become the first Vietnamese enterprise to list on the US stock exchange following Nasdaq’s approval on Sept. 18.