After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper exploitation of existing export markets.

Nam Long, one of Vietnam’s leading real estate developers, has joined with Japan’s Nishi Nippon Railroad and Hankyu Realty to develop a new project named Mizuki Park with the investment capital of US$325 million in Ho Chi Minh City.

The sharp increase in the number of real estate investments shows the attractiveness of the new policy for foreign-owned properties in Vietnam, particularly in the high-end apartment segment of Danang.

With the construction of the  Lach Huyen International Gateway Port in the northern city of Haiphong and its related infrastructure, Haiphong  is fast-tracking its industrial growth, catching up rapidly with the better-developed south.

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to finish its share sale to strategic investors by the end of August.

Dragon Capital Group (DCG) announced that it has offset all of its annual carbon emissions by purchasing Voluntary Emission Reduction (VER) certificate from a Vietnamese rural biogas project.

An expected rise in foreign direct investment and domestic demand will continue driving the local economy forward until next year.

The snail-paced equitisation of state-owned enterprises has irked both government leaders and investors.

Bai Dai Resort, the US$1.6-billion investment by Starbay Holdings Ltd., a subsidiary of Hong Kong’s Millennium Group, now belongs to a Vietnamese investor. However, so far, this project is still very sluggish in implementation.

Domestic logistics providers, such as TBS Logistics, Transimex Saigon, Gemadept, Sotrans, and SNP Logistics, and hundreds of others, gathered on April 14 in Ho Chi Minh City to find ways to cooperate and increase their competitiveness.