Prime Minister Nguyen Xuan Phuc (R) receives President of the Harbinger Capital Partners LLC Philip Falcone (Photo: VNA)
Hanoi (VNA) – The Harbinger CapitalPartners LLC of the US plans to expand investment and cooperation in Vietnam.
President of the US investment fund PhilipFalcone revealed the plan at a meeting with Prime Minister Nguyen Xuan Phuc inHanoi on January 12.
He said Harbinger will actively work to encourageUS investors to pay more attention to the Southeast Asian market, thuscontributing to propelling the two countries’ economic-trade-investmentcollaboration forward.
He also hoped the Vietnamese government willcreate the optimal conditions for US businesses, including Harbinger, to makelong-term and stable investment in the country.
He informed the host about the progress of the HoTram resort and tourism complex project in the southern province of Ba Ria –Vung Tau. The 4.2 billion USD project is considered the biggestforeign-invested one in the field of tourism in Vietnam, which is expected togenerate about 4,000 jobs for local labourers.
For his part, Prime Minister Nguyen Xuan Phuchighly valued Harbinger’s investment activities in Vietnam over the past time.
He highlighted Vietnam’s policies to improve theinvestment environment for foreign investors, including those from the US.
The PM proposed the US investment fund continueexpanding investment in Vietnam and serve as a bridge to connect US enterpriseswith domestic partners.
He urged Harbinger and other US businesses to activelysupport Vietnam in hosting the 2017 APEC Economic Leaders’ Meeting./.
The number of foreign trade representative visits to Vietnam during the first half of the year are an auspicious sign US investment in the country is not about to wane anytime soon, radio The Voice of Vietnam (VOV) reported, citing comments from economic experts.
Vietnam always creates favourable conditions for foreign enterprises and investment funds to invest in Vietnam, Deputy Prime Minister Vu Van Ninh said in a meeting with President of Harbinger Capital Philip Falcone on October 17 in Hanoi.
US enterprises have invested in 17 out of 21 industries in Vietnam with the majority in the accommodation and food service industry, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Economic and trade partnerships remain a focus of and a momentum for Vietnam-US relations, National Assembly (NA) Vice Chairman Phung Quoc Hien told representatives of the US-ASEAN Business Council.
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.
Prime Minister Nguyen Xuan Phuc (R) receives President of the Harbinger Capital Partners LLC Philip Falcone (Photo: VNA)
