Phu Yen attracts over 4.5 billion USD in FDI

Some 40 foreign direct investment (FDI) projects worth over 4.5 billion USD have landed in the southern central coastal province of Phu Yen so far.
Phu Yen attracts over 4.5 billion USD in FDI ảnh 1A car manufacturing company in Phu Yen province. (Source: VNA)

Phu Yen (VNA) - Some 40 foreign direct investment (FDI) projects worth over 4.5 billion USD have landed in the southern central coastal province of Phu Yen so far, the provincial People’s Committee reported at a working session with a Foreign Ministry delegation on December 7.

The FDI projects have created jobs for nearly 4,800 local labourers, according to the provincial report. Demand for human resource is expected to surge in the coming time when some other projects become operational such as Vung Ro refinery project and top-end Phu Yen Sunrise tourism complex.

Meanwhile, several projects funded by official development assistance (ODA) with a combined nearly 472 billion VND (21 million USD) of investment capital are being carried out in transport, forestry and coastal resource development sectors.

Permanent Vice Chairman of the provincial People’s Committee Le Van Truc asked the Foreign Ministry to help in advertising the province’s potentials and attracting foreign investors to the locality.

For his part, Deputy Foreign Minister Le Hoai Trung pledged to continue assistance in external relation training for Phu Yen officials while introducing foreign organisations to the province.-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.