China’s Taiwan to boost investment in Vietnam

Investment from China’s Taiwan in Vietnam is expected to surge in the coming time with the territoriy’s “Look South” policy, a business executive has said.
China’s Taiwan to boost investment in Vietnam ảnh 1Director-General of the Taipei Economic and Cultural Office in HCM City Liang Guang Chung (Photo: giadinhvatreem.vn)

HCM City (VNA) – Investment from China’s Taiwan in Vietnam is expected to surge in the coming time with the territoriy’s “Look South” policy, a business executive has said.

Speaking at a workshop held in Ho Chi Minh City on September 23, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vo Tan Thanh said two-way trade has developed strongly to surpass 13 billion USD in 2015, of which over 2.1 billion USD was Vietnam’s export value.

Two-way trade this year stood at 7.1 billion USD as of July.

China’s Taiwan is one of the leading investment partners of Vietnam with 2,500 projects worth more than 32 billion USD.

In 2015, Vietnam welcomed over 438,000 Taiwanese tourists and 300,000 in the first seven months of this year.

Taiwan is also one of the most popular destinations for Vietnamese travellers with over 150,000 visitors over the past time.

Director-General of the Taipei Economic and Cultural Office in HCM City Liang Guang Chung said Taiwan is focusing on developing MICE (meetings, incentives, conferences and exhibitions) tourism services.

He added that there is great potential for cooperation in the field between Taiwan and Vietnam.

At the workshop, participants studied Taiwan’s incentives for MICE and medical care tours, procedures to get visa to Taiwan and preferential health care cost at Taiwanese hospitals.-VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.