In fact, Vietnamese economists have many times urged government agencies to review the positive and negative effects that FDI brings to Vietnam. They have warned that Vietnam has been relying too much on FDI, while FDI still cannot bring the desired effects though it has been given many preferences. … [Read more...] about WB expert advises Vietnam to think about FDI role
Vietnam news
FDI inflows from Europe yet to shift into Vietnam
With the implementation of the EVFTA and the EU-Vietnam Investment Protection Agreement, they are both seen as a way of helping the nation receive more quality investment capital flow from EU financiers. However, with their being no sign of complicated developments relating to the novel coronavirus (COVID-19) stopping, capital flows from various free trade agreement (FTA) will be slow to enter the country. With regard to opportunities to receive EU capital, Nguyen Hai Minh, Vice Chairman of the European Chamber of Commerce in Vietnam (EuroCham), said the shifting of capital from European investors to the nation is not likely to enjoy a rapid increase in the near future. According to some major groups and enterprises, there is a trend occurring of capital shift, although they still consider this issue to be within ASEAN nations or countries in South Asia such as India, Minh notes. According to data released by the Foreign Investment Agency under the Ministry of Planning and … [Read more...] about FDI inflows from Europe yet to shift into Vietnam
Vietnam holds state funeral for former Party General Secretary
Vietnamese Prime Minister Nguyen Xuan Phuc speaks at the state funeral for former Party General Secretary Le Kha Phieu in Hanoi, August 15, 2020. Photo: Nguyen Khanh / Tuoi Tre Ho Chi Minh City Party chief Nguyen Thien Nhan attends the respect-paying ceremony and memorial service for former Party General Secretary Le Kha Phieu in Ho Chi Minh City, August 15, 2020. Photo: Duyen Phan / Tuoi Tre Former Vietnamese Vice State President Truong My Hoa sheds tears at the respect-paying ceremony and memorial service for former Party General Secretary Le Kha Phieu in Ho Chi Minh City, August 15, 2020. Photo: Duyen Phan / Tuoi Tre Ho Chi Minh City leaders attend the respect-paying ceremony and memorial service for former Party General Secretary Le Kha Phieu in Ho Chi Minh City, August 15, 2020. Photo: Duyen Phan / Tuoi Tre Members of the Communist Party of Vietnam Central Committee and the Vietnamese government pay respects to former Party General Secretary Le Kha Phieu at his funeral in Hanoi, … [Read more...] about Vietnam holds state funeral for former Party General Secretary
The funeral of former Party Chief Le Kha Phieu
Rong Village and unforgettable memories about former Party Chief Le Kha Phieu Houses have put up national flags. Incense sticks have been quietly lit on ancestral altars. Rong Village’s people are grieving after hearing about the passing of former Party General Secretary Le Kha Phieu. … [Read more...] about The funeral of former Party Chief Le Kha Phieu
Leaders pay last respects to former Party chief Lê Khả Phiêu
"As one of the highest leaders of the Party in a difficult and challenging period, he always emphasised his pioneering and exemplary character and maintained the loyalty with the Party; he always put the interests of the Party, the country and the people first," Phúc said. … [Read more...] about Leaders pay last respects to former Party chief Lê Khả Phiêu
