link ae888

Vietnam seeks to promote investment in IPs

A workshop was organised in Hanoi on November 29 to discuss measures to attract more investment to Vietnam’s industrial parks (IPs) and economic zones (EZs) in the coming time.
A workshop was organised in Hanoi on November 29 to discussmeasures to attract more investment to Vietnam’s industrial parks(IPs) and economic zones (EZs) in the coming time.

The event was jointly held by the Vietnam Investment Connection JSC and the Vietnam Chamber of Commerce and Industry.

Over the past two decades, IPs and EZs in Vietnam havedemonstrated their important role in promoting the country’s economicgrowth.

The country has a total of 289 IPs and 15 coastal EZsin 59 provinces and cities across the country, contributing more than 80billion USD of the country’s annual import-export turnover andaccounting for 35 percent of the economy’s total import-export turnover.

The IPs and EZs drew about 70 percent of the total foreigninvestment flow into the country and created jobs for over 2 millionlabourers.

According to Deputy Head of the EZ ManagementDepartment under the Ministry of Planning and Investment (MoPI) Tran DuyDong, as of the end of October, 2013, IPs nationwide attracted over4,700 foreign direct investment (FDI) projects with a total registeredcapital of 69.2 billion USD, equivalent to 80 percent of the total FDIcapital poured into industrial fields.

Meanwhile, the numberof domestically-invested projects operating in IPs in the period was5,100, totalling 461 trillion VND (around 21.95 billion USD).

In the first 10 months of this year, 9.9 billion USD was invested in IPsand EZs, accounting for 70 percent of total FDI investment in Vietnam.

However, the development of IPs and EZs is yet to meetexpectations as the attraction of investment was affected by the globaleconomic downturn.

MoPI Deputy Minister Nguyen Van Trung saidthe country should increase investment promotion in the time to come,towards luring investment projects that have advanced technology andhigh economic value, especially environmentally friendly projects andthose in the supporting industry field.

In addition, thecountry needs to create a favourable investment environment to improvethe confidence of investors and remove difficulties for them, he added.

It should also pay attention to upgrading the industrialinfrastructure system, build accommodation and other public facilitiesfor labourers, while planning to train human resources to satisfyinvestors’ demands, Trung stressed.-VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

🐈 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

﷽ Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

𒊎 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

ꦬ Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|