Mitsubishi Motors seeks opportunity to build its second factory in Bình Định Authorities in the central coastal province of Bình Định will offer attractive policies and mechanisms to support Mitsubishi Motors Vietnam in building an automobile manufacturing factory at Becamex Industrial Park.

2 State-owned banks allowed to increase charter capital The Government has decided to allow Vietcombank and Vietinbank to increase their charter capital by VNĐ10 trillion (US$434.8 million) in the first quarter of this year, but it has not said how they could do so.

Deputy PM Vương Đình Huệ named Secretary of Hà Nội Party Committee

Deputy Prime Minister Vương Đình Huệ on Friday was appointed as Secretary of the Hà Nội Party Committee by the Politburo.

Gov't to cut tax for mask production and imports The coronavirus outbreak in China and solutions to promote trade with Việt Nam were discussed at a meeting of the National Steering Committee for ASEAN Single Window (ASW), National Single Window (NSW) and Trade Facilitation Committee in Hà Nội yesterday.

Việt Nam keen to develop supporting industries: Deputy PM Việt Nam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vương Đình Huệ said.

Gov’t to hike capital for State-owned banks in Q1 2020 The Government has finally announced a detailed roadmap to increase charter capital for large State-owned banks in the first quarter of this year.

Deputy PM urged State Treasury to manage State budget efficiently Deputy Prime Minister Vương Đình Huệ urged the State Treasury of Việt Nam to manage the State budget efficiently, which is critical in promoting socio-economic development.

Connectivity vital to Việt Nam’s integration

Connectivity and infrastructure are key elements to lower trade costs and help Việt Nam develop both global and domestic markets. But to achieve these goals, a new approach is needed for planning and investment strategies.

Deputy PM Vương Đình Huệ receives Chinese Ambassador

Deputy Prime Minister Vương Đình Huệ received Chinese Ambassador to Việt Nam Xiong Bo in Hà Nội on Wednesday, ahead of the 70th founding anniversary of the two countries’ diplomatic ties, which falls on January 18.

Việt Nam and Japan agree to boost tourism co-operation Việt Nam has called for stronger investment from Japan, including in medium- and small-sized enterprises in tourism, education and trade as the country eyes growth in the ‘green’ industry.