Page 3 - Sembcorp Development News Today

Provinces and centrally-run cities in the Southern Key Economic Zone are now more selective in attracting foreign direct investment (FDI) by giving priority to high-tech, environmentally-friendly and less labour-intensive projects.

With ASEAN expected to see a brighter investment outlook ahead, further facilitation of a more competitive facilitation environment leveraged by trade deals is helping Vietnam attract more funding from nations such as Thailand, Singapore, and Japan.

Prime Minister Pham Minh Chinh met with his Singaporean counterpart Lee Hsien Loong on the sidelines of the ongoing 42nd ASEAN Summit in Labuan Bajo, Indonesia, on May 10.

LABUAN BAJO (Vietnam News/Asia News Network): Vietnamese Prime Minister Phạm Minh Chính met with his Singaporean counterpart Lee Hsien Loong on the sidelines of the ongoing 42nd Asean Summit in Labuan Bajo, Indonesia, on Wednesday (May 10).

Singapore firms in Jiangsu are attracted by its preferential policies, lush natural environment and proximity to major cities. Read more at straitstimes.com.

The move was made following the success of the VSIP model in Binh Duong Province

In the long run, the province’s development model should be associated with science-technology and innovation to facilitate the establishment of a new ecosystem by the requirements of new investors and employees, contribute to increasing the provincial labour productivity and helping it participate deeply in the industrial value chain, Khái said.

The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.

The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.

Vietnam and Singapore are furthering their ties in green infrastructure including industrial parks with smart solutions featured by concrete initiatives.