VOV.VN - To fulfill its target of opening 60 supermarkets in Vietnam by 2020, Lotte will speed up M&A activities in the future, says Hong Won Sik, director general of Lotte Mart Vietnam.

Industrial parks and export processing zones in HCM City attracted investment worth US$197.86 million in the first quarter of 2016, a year-on-year decline of 53.4%, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).

Vietnam’s Thien Tan Group is negotiating with the US-based Global Universal Inc to form a joint venture to invest in the Chu Lai airport expansion project in the central province of Quang Nam.

A range of locally listed firms with real estate interests have both lifted their foreign ownership limit to 60% and purchase shares in order to access foreign funding for the development of their various projects.

Vietnam has great demand for capital and technology from European nations, Vietnam’s Ambassador to Germany, Đoan Xuan Hung, has said at an recent investment conference in Frankfurt.

Apple has recently announced plans to invest in a new US$1 billion project in Vietnam sometime soon, and while the exact nature of the project is yet to be confirmed it is believed to be a research and development (R&D) center for its Asia operations.

Vietnam will create the best possible conditions for German businesses who want to invest in the country, Ambassador Doan Xuan Hung said.

VOV.VN - Foreign direct investment (FDI) by Vietnamese local companies in its smaller neighbour to the west, Laos, has reached nearly US$4.9 billion, said speakers at a recent conference in Ho Chi Minh City. 

The impressive growth of Condotel has made this product the focus of the property market. 

VOV.VN - The UK and its business community can play an important role in the development of Vietnam and help it reach the next level, members of a British delegation said on April 13 at a meeting with the Ho Chi Minh City People’s Committee.