Japan, the second biggest investor in Vietnam, is continuing to pour billions of USD into new projects in the Southeast Asian nation, an investment partnership expected to grow stronger after a State visit to Japan by President Tran Dai Quang.
The disbursement of foreign direct investment (FDI) in the first five months of 2018 was estimated at US$6.75 billion, up 9.8% year-on-year.
Siam Cement Public Company Limited (SCG) signed an agreement with Vietnam Oil and Gas Group (PetroVietnam) to acquire the latter’s equity stake in Long Son Petrochemical Co. Ltd.
Contrary to the profits reported by Viettel and FPT, numerous state-owned firms are suffering with overseas investment.
Da Nang is seeking investment to develop a solid waste treatment complex amid challenges facing the central city in dealing with the large volume of untreated solid waste.
As many as 500 domestic and foreign delegates are expected to attend a conference to promote investment in the Mekong Delta city of Can Tho, which is slated for August 10, 2018.
The Management Board of Hoa Lac Hi-Tech Park (HHTP), based in Hanoi, will press on with improving its investment environment to attract more funding.
The central province of Thua Thien-Hue attracted 11 investment projects worth nearly VND2 trillion (US$87.5 million) in the first five months of 2018.
Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow.
Vietnam is regarded by foreign investors as a top ASEAN destination to explore investment opportunities via mergers and acquisitions (M&A), heard a recent seminar on ASEAN M&A in Ho Chi Minh City.
Global footwear brands like Adidas, Nike and Puma are increasingly turning to Vietnam for their manufacturing needs due to its affordable labour costs and free trade agreements.
The central province of Binh Dinh introduced its potential and advantages to businesses of the Republic of Korea (RoK) on May 28 with a view to attracting investment from this Northeast Asian nation.
VOV.VN - More than 400 delegates attended an investment promotion conference in Pleiku, Gia Lai on May 28, to foster investment cooperation between Central Highland Gia Lai province and Ho Chi Minh City.
The capital city of Hanoi attracted US$860 million in foreign direct investment (FDI) in the first five months of 2018, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.
The increasing numbers of visitor to northeastern Quang Ninh province’s Ha Long city in recent years creates excellent opportunities for investment deals, especially in boutique shophouses – a real estate model combining mini hotels and shophouses.
Representatives of Vietnamese and Dutch enterprises operating in innovation and smart city development, water treatment and waste management in central Da Nang city gathered for a workshop on responsible investment in the locality on May 25.
The Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects.
The Vietnamese Government always creates favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), to invest and expand operation in the country, said Minister and Chairman of the Office of the Government Mai Tien Dung.
Indonesian ride-hailing app Go-Jek will spend US$500 million to expand its operation to Thailand, Vietnam, Singapore and the Philippines in the next few months, it said on May 24.
Laguna Lang Co, one of Asia’s largest integrated resorts with international hospitality operator Banyan Tree as its managing partner, has officially got a casino licence from the Vietnamese government, marking it the first casino license in recent 10 years in Vietnam.