Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.

In order to enhance the existing ties, the Singapore Business Federation in conjunction with the Danang Investment Promotion Agency and Pegasus Education Group will hold an Overseas Market Workshop – Infrastructure and Construction Sector in Danang on July 30, 2018.  

At Farnborough International Airshow 2018, the new-age carrier Vietjet and Boeing Commercial Airplanes signed an order contract for 100 B737 MAX aircraft worth $12.7 billion.  

Jardine Cycle & Carriage Limited Group is expecting to spend around VND2.4 trillion ($105.7 million) to become the largest shareholder of Vietnam Dairy Product JSC (Vinamilk - code: VNM), while F&N Dairy Investments continues to register an additional ten million shares of Vinamilk.

Dang Quang Vinh, deputy head of the Business Environment and Competitiveness Division at the Central Institute for Economic Management highlights the importance of having suitable policies and institutions in place to enable businesses to make avail of opportunities brought about by Industry 4.0.  

The Ministry of Transport (MoT) has proposed to raise the foreign ownership limit for airlines to 49 per cent, as well as removing the difference in charter capital between international and domestic airlines.

Singaporean Frasers Property Limited of Thai billionaire, the new shareholder of Sabeco, recently announced plans to buy 75 per cent of Phu An Dien Real Estate JSC (PAD), a subsidiary of Tran Thai Land Company Limited, for $35.2 million.

Trade disputes between EU and Vietnamese enterprises will be handled by an intricate international resolution mechanism once the EU-Vietnam Free Trade Agreement takes effect, giving new hope to EU firms caught in legal limbo in Vietnam.

With the threat of serious climate change looming, the private sector plays a vital role in Vietnam’s sustainable development.

Nam Long Group has recently signed the strategic agreement with Japanese investors joining in phase 1 development of Waterpoint Township in the southern province of Long An, a 45-minute drive from Ho Chi Minh City downtown.