Hanoi removes 28 administrative procedures in investment

Hanoi’s authorities have decided to remove 28 administrative procedures in the field of investment.

Under Decision No.4324/QD-UBND by the municipal People’s Committee, 33 new procedures are issued and 53 others related to the establishment and operation of enterprises, bidding and non-refundable aid are amended.

Hanoi’s authorities have decided to remove 28 administrative procedures in the field of investment.

The decision, which took effect on October 1, elaborates the issuance, amendment, supplementation and removal of administrative procedures in the establishment and operation of businesses in Vietnam.

It touches on Public Private Partnership investment, bidding to choose investors, official development assistance (ODA) capital, preferential loans of foreign sponsors and non-refundable assistance.

The establishment and operation of household businesses under the management of the Hanoi Department of Planning and Investment are also listed.

Five out of six new and expanded industrial parks in Bac Giang submitted to PM’s approval for investment policy in October

(BGO) – According to the provincial Industrial Park Management Board (IPMB), Bac Giang province now has six industrial parks approved by the PM for the investment policy, namely Dinh Tram, Van Trung, Quang Chau, Vietnam – Korea (Viet Yen district), Hoa Phu (Hiep Hoa district), Song Khe – Noi Hoang (Yen Dung district and Bac Giang city).

 

Vietnam to facilitate US investment projects, says minister

Vietnam will work to create an open and transparent business environment and offer favourable conditions for US investment projects in the country, said Minister of Industry and Trade Nguyen Hong Dien.

 

Bac Giang attracts some 850 million USD of investment capital in first 9 months

(BGO)- Despite profound impact of the pandemic outbreak in May 2021, the province has gained good results in FDI attraction in the first 8 months, ranking 7th nationwide. Most of the FDI projects are in large scale mainly in the field of electronic component manufacturing.

 

14 million USD electronic component investment project approved in Bac Giang province

(BGO) – The Industrial Park Management Board (IPMB) in Bac Giang province has approved for investment project “QA Bac Giang Plant to manufacture electronic components” of QA Solar Vietnam Technology Company Limited at Song Khe – Noi Hoang industrial park.

 

Vietnam’s investment shifting could boost economic resilience

Phyllis Papadavid, Head of Research and Advisory at Asia House, a consulting organisation based in London, the United Kingdom, in her research, pointed out that Vietnam should promote investment to revive its economy and strengthen its ability to respond to new risks despite its success in dealing with a crisis caused by the Covid-19 pandemic.

 

Source: NDO/VNA