Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.

Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.

Over the past 20 years, Vietnam has emerged as a significant manufacturing hub, deeply integrated into global supply chains.

According to the General Statistics Office (GSO), as of October 20, the total foreign direct investment (FDI) poured into Vietnam in the first 10 months of this year was estimated to reach 19.3 billion USD, up 41% compared to the same period last year.

Japan-Mekong Business Cooperation Committee delegation head Yoshio Arakawa spoke highly of the investment climate in northern Ha Nam province during a meeting with the provincial People’s Committee on October 27.

The State Bank of Vietnam plans to apply the ISO 20022 standard – a universal financial industry message scheme – by 2019 to facilitate cross-border transactions of the banking system, especially when the ASEAN Economic Community (AEC) is formed by year’s end.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, on October 22 signed a contract with Credit Suisse and the Vietnam International Law Firm (VILAF) for a new equity issue.

A workshop on the Vietnam-Japan Free Trade Agreement (FTA) and Economic Partnership Agreement (EPA) was held in HCM City on October 21.

The State Capital Investment Corporation is set to develop into a regional-scale financial corporation that manages a combined 46 billion USD by 2030.

Representatives from Russia’s Gazprom International group had a working session with leaders of the People’s Committee of the southern province of Dong Nai on October 19 to discuss multifaceted cooperation with the locality.

Bitel telecommunication service provider, the Peru branch of Vietnam’s military-run telecom group Viettel, will invest an additional 250 million USD to increase its subscribers to 2.5 million people.

Fostering cooperation in trade and investment among the Greater Mekong Sub-region (GMS) countries was the focus of discussions at a forum on October 15 in Vientiane, Laos.

The National Power Transmission Corporation under the Electricity of Vietnam (EVN-NPT) held a ceremony to complete the Son La – Lai Chau 500 kV transmission line on October 14, 16 days ahead of schedule.

Efforts to reform administrative procedures and provide greater support for investors helped the northern coastal province of Quang Ninh reap remarkable success in attracting domestic and foreign investment flows.

Thailand-based ONYX Hospitality Group has recently announced its entry into Vietnam with the signing of a deal with HB Group to manage OZO Hoi An, a 364-room beachfront resort in the New Hoi An City.

A forum, co-chaired by the Germany Trade & Invest and the German Chamber of Commerce and Industry in Vietnam, to build business connections between Vietnam and Germany will be held in Hanoi on October 13.

Vietnam has implemented an open contracting initiative as part of a drive to improve transparency in procurement activities, particularly in public investment projects.

Vietnam determinates to bring business climate-related indexes, including those on taxation, customs, social insurance, construction and land and electricity access on par with averages in Singapore, Malaysia, Thailand and the Philippines in 2016, Prime Minister Nguyen Tan Dung affirmed at the Vietnam Global Investment Forum in Hanoi on September 30.

Vietnam is creating a framework to stimulate private investments in the aviation industry, as public-private partnerships for development of this sector has become a trend in the region.

According to the recent report of the Ministry of Planning and Investment, in the first nine months of 2015, the total capital of foreign direct investment (FDI) registered in Vietnam reached 17.15 billion USD, soaring 53.4% against the same period last year.

A ceremony to inaugurate the Vung Ang 1 Thermal Power Plant in Ky Anh district, the central province of Ha Tinh was held on September 17.

Japanese businesses have shown their interest in investing in various fields such as agriculture, health care, education and personnel training during their trip to the Mekong Delta region.

In the framework of the working visit to Japan, Party General Secretary Nguyen Phu Trong attended a Vietnam-Japan investment, trade and labour cooperation forum and the Vietnam Day held in Kanagawa Prefecture on September 18.