The central province of Quang Nam expects to welcome more FDI projects promoting green growth, according to Chairman of the provincial People’s Committee Le Tri Thanh.
An aerial view of the Chu Lai Open Economic Zone in Quang Nam province (Photo: VNA)
Quang Nam (VNA) - The central province of QuangNam expects to welcome more FDI projects promoting green growth, according to Chairmanof the provincial People’s Committee Le Tri Thanh.
He expressed his appreciation of all FDI projects inthe province that have significantly contributed to local socio-economic development.
He cited the fact that FDI firms have contributed about89.34 million USD to the provincial budget, exported 751.24 million USD worth of goods,and employed over 55,000 local workers.
The province plans to pursue green growth in the long term, hewent on, so it is giving priority to investment in three industries - manufacturingand processing, electronics and telecommunications, and renewable energy - and willensure the most suitable conditions possible are provided to investors.
The province also hopes to attract large-scale projectsproducing highly-competitive goods and forming part of global supply chains. Italso welcomes projects in support industries and those using high technology.
Quang Nam raked in close to 19 million USD in FDI inthe first quarter of this year, up 15.8 percent year-on-year, mostly in manufacturingand processing and services, despite the impact of the COVID-19 pandemic.
Most new manufacturing and processing projects are locatedat the Chu Lai Open Economic Zone, the Dien Nam - Dien Ngoc Industrial Park, andindustrial clusters in Thang Binh and Duy Xuyen districts, while those in the servicesindustry are primarily in Hoi An ancient town.
The province has also approved 16 domestic projects withcombined registered capital of nearly 1.79 trillion VND (76.8 million USD)./.
Fishermen in coastal communes of Duy Hai and Duy Nghia in the central province of Quang Nam are happy with the ongoing bumper ruoc bien (sea shrimp)-season, as a fishing boat can earn a few million of dong per trip.
From one of the poorest provinces in the country, after 45 years of liberation, Quang Nam has risen to become a thriving province in the central region.
Ho Chi Minh City and the central city of Da Nang have decided to suspend road passenger transport in a bid to curb travel and crowds and contain the spread of COVID-19.
The central city of Da Nang quarantines all people coming from Hanoi and Ho Chi Minh City – two COVID-19 affected hubs – for 14 days at quarantine sites starting on April 5.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
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.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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.
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.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
An aerial view of the Chu Lai Open Economic Zone in Quang Nam province (Photo: VNA) 
