Dang Thanh Tam, one of the country’s richest men, is trying to lure companies from China to his industrial parks with the promise of cheap labor costs.
Vietnam, which commissioned its sole refinery last year, offered its first fuel oil cargoes for export in what may be a test case for sales of products unsuitable for domestic use.
A framework agreement on re-loaning the third stage of the Small & Medium Enterprise Finance Program with total credits of ¥15 billion was signed in Hanoi.