Deputy Prime Minister Vuong Dinh Hue on May 24 asked the Ministry of Health, Ministry of Education and Training, and Ministry of Culture, Sports and Tourism to quickly address their slow disbursement of public investment.
Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.
The Mekong Delta province of Tra Vinh aims to have 4,000 enterprises by 2020, with more than 30% and 15% of them owned by woman and ethnic minority people, respectively, heard a conference in the locality on May 23.
Switzerland’s Sowareen Solutions AG has just proposed to build a finance and insurance centre at Van Don Special Administrative-Economic Zone (SAEZ) in the northern province of Quang Ninh.
Vietnam Oil Corporation (PV Oil) has released the names of four competitors meeting the criteria to join the auction to become its strategic investor, two of whom are foreign investors from the Republic of Korea and Japan.
Vietnamese lender Techcombank will list its shares on the Ho Chi Minh Stock Exchange next month, the bank said on May 23, making it the country’s seventh biggest firm by market value.
Thai investors are expected to increase their presence in Vietnam through capital contribution and M&A deals, analysts say. This will pose a challenge for Vietnamese goods.
More than VND116 trillion (US$5.11 billion) is needed to build Long Thanh airport and upgrade Noi Bai and Tan Son Nhat airports for the 2018-2021 period, with a vision to 2025, according to the State-owned Airports Corporation of Vietnam (ACV) investment plan.
Hoa Lac Hi-tech Park granted investment certificates to four projects worth nearly VND11 trillion (US$484 million) combined in the first four months of this year, the park’s management board said on May 22.
Ho Chi Minh City is calling for investment in waterway and seaport projects.
The PetroVietnam Oil Corporation (PVOIL), an subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has selected four investors who are qualified to become strategic shareholders of the firm, PVOIL General Director Cao Hoai Duong said at a meeting with its shareholders on May 22.
Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion (US$43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?
Ho Chi Minh City is giving the priority to luring new-generation foreign direct invest (FDI) in the fields of high technology and urban development, along with FDI attraction in the four main industries and two traditional sectors.
The Republic of Korea (RoK) poured US$2.32 billion in Vietnam in the first four months of 2018, making up nearly 30% of the inflow of investment in the Southeast Asian country.
The real estate sector in the northern coastal province of Quang Ninh, which is a pillar of the economic triangle of Hanoi-Hai Phong-Quang Ninh, has become more attractive to investors thanks to the robust development of local infrastructure, according to Vice Chairman of the provincial People’s Committee Vu Van Dien.
The southern province of Dong Nai absorbed nearly US$690 million in 76 newly-licensed and existing foreign-invested projects this year to May 17, up 143% against the same period last year and fulfilling nearly 70% of the annual target.
The investors have disappeared at a string of foreign investment projects, prompting authorities to officially terminate the projects in the forthcoming period.
Leaders of the Mekong Delta city of Can Tho on May 18 held a working session with managers of AEON Vietnam Co. Ltd., an affiliate of AEON Japan, about the possibility of building a shopping mall in the locality.
The Red River Delta province of Bac Ninh ranks second nationwide in foreign direct investment (FDI) attraction in 2017, with US$3.5 billion poured into 270 new and existing projects in 2017.
While some automobile assemblers have stopped domestic production and shifted to importing products, others have poured more money into production lines in Vietnam.