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Hanoi is estimated to need $110-114 billion to capitalise its development plans in the 2016-2020 period. Thus the city is working to attract more foreign direct investment, with about $10-15 billion expected to be lured in the 2018-2020 period.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership is expected to bring numerous export and investment opportunities to agricultural businesses in Vietnam. However, it also poses some challenges that cannot be weathered overnight.

The Comprehensive and Progressive Trans-Pacific Partnership is ­expected to bring in fresh opportunities for international banks in Vietnam, as well as possible merger and acquisition deals with local partners.

HOSE: Market Summary 29.03.2019

In cooperation with the Hanoi People’s Committee, the Department of Transport and Department of Traffic Police of Hanoi, Itelco Technology JSC and FPT Group, Siemens has just equipped the Pham Hung – Me Tri intersection with its state-of-the-art traffic control technology.

Foreign investors are expected to get more opportunities in joining high-tech projects in Hanoi as the city is now ­stepping up plans to develop into a smart city, with ­important legislation in the hi-tech sector gaining more focus.

The project will contribute significantly to improving the investment and business climate, strengthening transparency, as well as attracting more investors to Vietnam.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in Vietnam in January this year. Lam Thi Quynh Anh, division head under the Office of the Inter-agency Steering Committee for International Economic Integration, writes about the CPTPP’s numerous impacts on the country’s economy, including its support for Vietnam to expand trade and attract more investment.

With the landmark Comprehensive and Progressive Agreement for Trans-Pacific Partnership in effect in Vietnam, the race among investors in the sectors that stand to gain the most is expected to heat up, heralding in opportunities for Vietnam to approach long-coveted higher-quality capital flows.