Production of solar cells at Vina Solar Technology Company Limited in Van Trung industrial park.

They included Fuhong Precision Component Company Limited in Dinh Tram Industrial Park with production value of nearly 16 trillion VND (686.2 million USD), up 14 percent; Vina Solar Technology Company Limited in Van Trung Industrial Park with production value of over 8 trillion VND (343.1 million USD), up 134 percent; Hosiden Vietnam Company Limited in Quang Chau Industrial Park with production value of 4.5 trillion VND, up nearly 16 percent; Si Flex Vietnam Company Limited with production value of 4.9 trillion VND (210 million USD), up over 30 percent comparing to the same period last year.

These enterprises mostly produce electronic components and solar panels that help annually create jobs to nearly 1,000 rural labors with monthly income of 6 – 10 million VND (257 – 428 USD) per person.

Vietnam, EU sign free trade, investment protection agreements

The EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) were officially signed in Hanoi on June 30 afternoon, in the witness of Prime Minister Nguyen Xuan Phuc, Vietnamese National Assembly and Government leaders, and leaders of the European Union (EU).

German firms intend to expand investment in Vietnam

Fifty-five percent of German businesses, when asked, have said they want to increase investment capital in Vietnam, higher than the rate for Southeast Asia (44 percent), according to a survey conducted by the German Industry and Commerce Vietnam (GIC) in April.

Vietnam facilitates Korean investments

The Vietnamese Government will work to remove bottlenecks and create the best conditions for enterprises from the Republic of Korea to operate in Vietnam, Deputy Prime Minister Vuong Dinh Hue stressed on June 19.

Bac Giang: 86 investment projects licensed and adjusted in first 6 months

(BGO) – As of June 17, 2019, Bac Giang province licensed and adjusted 86 investment projects, accounting for 72 percent with total capital of 542 milion USD, up 73.8 percent comparing to the same period last year.

Philippine company eyes investment in Vietnam’s tea industry

JG Summit Holdings, Inc., one of the biggest Filipino investors in Vietnam, hopes to invest in sustainably developing tea business in the country, particularly via the participation in public-private-partnership projects.

Minh Linh