The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.

By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.

Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.

The southern province of Binh Duong will create more favourable conditions for Japanese investors, said Chairman of the provincial People’s Committee Tran Thanh Liem.

Singapore’s Minister of Industry and Trade Lim Hng Kiang expressed his hopes at the 12th ​Vietnam-Singapore Economic Connectivity Ministerial Meeting in Singapore on September 23, that Vietnam and Singapore will work more closely together to fully tap the potential in order to deepen their strategic partnership.

The lack of policies on power tariffs for renewable energy, especially solar electricity, has prevented the sector from drawing investors, Prof Dang Dinh Thong from the Vietnam Clean Energies Association said at a conference on developing solar electricity in Vietnam held in Hanoi on September 21.

Vietnam is a leading recipient of ODA from the Republic of Korea (RoK), and the two sides are negotiating a framework credit agreement worth some 1.5 billion USD for the 2016-2020 period, Deputy Foreign Minister for Economic Affairs of RoK Lee Tae-ho said at the meeting in Hanoi on September 22.

The number of newly established enterprises increased by 27.8% against last year while the registered capital surged more than 42%, Bui Anh Tuan, Deputy Director of the Ministry of Planning and Investment’s Business Registration Management Agency said at a meeting in Hanoi on September 20.

Japan’s WWB Corporation will build a solar power plant in Dong Phu district, the southern province of Binh Phuoc, according to Binh Phuoc province’s People’s Committee.

Ho Chi Minh City encourages all businesses and residents to apply high technologies so as to help turn it into a smart city, Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen said on September 20.

South Korea and Vietnam will hold a joint committee meeting this week to discuss economic cooperation and other pending issues, the foreign ministry said.

During the investment promotion conference in the northern coastal city of Hai Phong on September 19, the city’s leaders committed to strongly improving the investment and business climate in order to lure more investors to the locality.

A representative of DunAn Sensing said the company was ready to invest in the first sensor factory in HCM City at a recent meeting with city leaders.

The 10th conference on the cooperation among Vietnamese and French localities concluded in the Mekong Delta city of Can Tho on September 16, with the signing of five memoranda of understanding among 12 localities of the two countries.

Vietnam has called the French businesses for investing in 57 projects in 28 cities and provinces across the country in various fields from health care, environment, agriculture and tourism to industrial park infrastructure, seaport and logistics during a workshop in the Mekong Delta city of Can Tho on September 15.

“Vietnam welcomes and hopes you soon invest in Vietnam, and the Vietnamese Government considers your success our own success,” Prime Minister Nguyen Xuan Phuc said at the Hong Kong-Vietnam Business and Investment Forum on September 14.

During a reception of Governor of Japan’s Aichi prefecture Hideaki Omura in Hanoi on September 12, President Tran Dai Quang pledged to creating the most favourable condition for Japanese firms, including those from Aichi, to invest in Vietnam.

As many as 137 Vietnamese enterprises are displaying their products at the 13th China-ASEAN Expo (CAEXPO 2016) that opened in Nanning, the capital city of China’s Guangxi Zhuang Autonomous Region, on September 11.

Vietnamese should take the initiative to join business forums and participate in trade fairs and exhibitions in the United Arab Emirates (UAE) to understand the market, experts have said.

Participating in the France-Vietnam Business Forum in HCM City on September 7, enterprises of the two countries have a opportunity to boost their partnerships, especially in the field of agricultural and food and medical products.

President and CEO of Airbus Fabrice Bregier, who is accompanying French President Francois Hollande during his State visit to Vietnam, has announced several important agreements with Vietnamese partners to help the country develop the aviation industry.

A number of banks will introduce financial assistance packages to small- and medium-sized enterprises (SMEs) to enable their active participation in international integration.

The Ministry of Planning and Investment said, during the eight months of this year, there were 73,404 new enterprises set up with a registered capital of 567.9 trillion VND (25.46 billion USD), up 19.7 percent and 50.9 percent from a year earlier, respectively.