VOV.VN - To further internationalize operations, many Vietnam local companies are planning to expand their outward foreign direct investment (FDI) in the years ahead, says the Foreign Investment Agency (FIA).

Korea’s Taekwang Power Holdings, which is the investor of Nam Dinh 1 thermal power plant, is keen to add a coal-fired power project in central Quang Tri province to their list of Vietnamese investments.

According to the Wall Street Journal, Tan Hiep Phat Beverage Group, one of the largest drink firms in Vietnam, is seeking foreign investors, through selling a minority stake. According to a close source, if the deal is completed, Tan Hiep Phat can be valued up to US$2 billion.

The Department for Economic Zones Management reported that during Q1, the country opened 305 industrial parks covering over 84,000 hectares and 16 economic zones covering 814,792 hectares of water and land.

Prime Minister Nguyen Xuan Phuc attended ceremonies to commence work on two major projects in the central coastal province of Quang Nam on April 24.

Prime Minister Nguyen Xuan Phuc has asked the northwestern mountainous province of Lai Chau to take drastic measures in order to improve its business climate and modernise its infrastructure.

Special advisor to the Japanese Prime Minister Iijima Isao said he expected strong Japanese investment flow into Vietnam, particularly Ho Chi Minh City, in the coming years, given the great potential of the southern metropolis.

Japan’s companies have planned to open a rice processing and trading firm in the northern mountainous province of Yen Bai.

VOV.VN - Agriculture and its related group of industries, hereinafter referred to as simply agriculture, in Vietnam provide employment to millions of people and are the backbone of the rural economy.

Hanoi is the leading locality nationwide in foreign direct investment (FDI) attraction, drawing over US$810 million from 110 newly-licensed and capital-added FDI projects in the first quarter of this year, a five-fold increase year-on-year.