The central province of Thua Thien-Hue has issued a decision to end the operation of 12 stagnant projects, with nine revoked and three put on special supervision.
Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.
This year marks 30 years since foreign direct investment (FDI) first entered Vietnam. Since then, FDI has contributed to the country’s socio – economic development by boosting exports, enriching the State budget and shifting the economic structure.
Vietnam’s Lilama Corporation has signed a contract to manufacture and install mechanical equipment for a fertiliser plant in Brunei.
The Ministry of Industry and Trade has proposed the transfer of the investment rights of some energy projects to Chinese investors.
Vietnam’s IT group FPT has inaugurated its 7th representative office in Japan at Yokohama, Kanagawa Prefecture.
Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth US$206.58 million in the first half of 2018, up 3.29% from the same period last year.
Footwear enterprises from the Republic of Korea (RoK) are operating effectively in Vietnam and their investment flows to the country are expected to increase strongly once the EU-Vietnam Free Trade Agreement (EVFTA) is signed.
Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.
Construction of a factory manufacturing metal components recently kicked off at the Ba Thien II Industrial Zone in Binh Xuyen district of the northern province of Vinh Phuc.