Numerous enterprises engaged in capital-intensive sectors like infrastructure construction are facing challenging situations with limited cash resources.
JiaWei plans to invest in Đại Phong’s Mỹ Thuận Industrial Park located in Nam Định. Covering an area of 85,764 square metres, the JiaWei Vietnam plant project is set to design and manufacture products from environmentally friendly materials.
Prime Minister Nguyen Xuan Phuc has encouraged Japanese businesses to become strategic partners with Viet Nam’s State-owned enterprises (SOEs), especially in industrial infrastructure construction.
State Budget allocation for some infrastructure construction is among preferential policies and regulations that the Prime Minister has approved for the Da Nang Hi-Tech Park in a new decision.
Deputy Prime Minister Vuong Dinh Hue has suggested the Sumitomo Mitsui Banking Corporation (SMBC) invest in infrastructure construction in Viet Nam while meeting with an executive of the Japanese bank.
The poor first-quarter response to IPOs (Initial Public Offerings)
launched by State-owned enterprises (SOEs) shows that they have not
prepared well for their equitisation process, a VnExpress report said.