Route Inn Group from Japan has launched its first five-star beach resort project – the Grandvrio Ocean Resort Da Nang – in Dien Ban town of the central province of Quang Nam, adding 96 hotel rooms and 54 villas to the provincial hospitality industry.

Da Lat, the ‘city of thousands of pine trees’, located 1,500 meters above sea level on Langbian Plateau, has attracted agriculture investors from Japan, Singapore and the Republic of Korea (RoK) who are growing vegetables, flowers and strawberries.

Following the successful initial public offering (IPO) in January, PetroVietnam Power Corporation (PV Power), the second largest state-run electricity producer in Vietnam, started trading its shares on the Unlisted Public Company Market (UPCoM) on March 6.

After a long period of hesitation, the Vietnam National Coffee Corporation (Vinacafe) is being pushed towards equitisation once more by the Ministry of Agricultural and Rural Development (MARD).

More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.

Vietnam wants to boost investment cooperation with India in the fields of information-technology, biotechnology, renewable energy, machinery  building, chemicals, pharmaceuticals, electricity, oil and gas, and agro-fishery processing.

The Mekong Delta province of Tra Vinh attracted 17 new investment projects with total registered capital of VND344 billion (US$15.11 million) in the first two months of 2018, reported the provincial Planning and Investment Department.

Foreign direct investment (FDI) flows into real estate have been very high so far this year, and a new record is expected to be set this year.

Vietnam granted investment licences to 411 new projects of foreign investors as of February 20, with a total registered capital of US$1.39 billion which is equivalent to 68.6% of the figure for the same period last year.

About US$130.29 million of foreign direct investment (FDI) has been poured into new and existing projects in the northern province of Bac Ninh since the beginning of 2018.

Disbursement of foreign direct investment (FDI) increased by 9.7% to US$1.7 billion in the first two months of 2018. 

VOV.VN - The visiting delegation from Mongolia’s South Gobi province led by its vice governor Batbold Khoroo and Quang Binh provincial leaders on February 26 discussed ways to step up bilateral cooperation in tourism, construction industry and training of overseas students.

VOV.VN - The Republic of Korea (ROK) is the largest foreign investor present in Vietnam with investment capital of US$355.6 million, accounting for 28.3% of the country’s total foreign direct investment (FDI).

The southern province of Ba Ria-Vung Tau presented investment licenses to eight projects worth over VND8.3 trillion (US$366 million) at a meeting with businesses on February 23.

The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth US$31.7 million and one domestic project worth VND200 billion (US$8.8 million).

The Mekong Delta province of Tra Vinh has announced a list of major projects to call for investments in 2018, most of which are in high technology industry, organic agriculture, processing and technical infrastructure.

The central province of Quang Tri has attracted eight projects in high technology and green agriculture worth over VND160 billion (US$7.02 million), according to the provincial Department of Agriculture and Rural Development.

The Mekong Delta province of Kien Giang has called for investments in infrastructure projects in Thanh Loc, Thuan Yen, Xeo To, Tac Cau and Kien Luong II industrial parks (IP) with a total area of 763 hectares.

The northern province of Bac Ninh attracted US$3.5 billion in foreign direct investment (FDI) in 2017, ranking second among provinces and cities across the country.

Vietnam needs more airlines, besides the four current ones, to meet the increasing demand in the aviation market.

VOV.VN - Vietnam’s total newly registered capital and share buying in 2017 has valued at nearly US$36 billion and implemented capital reached nearly US$20 billion. This is record growth for FDI capital in Vietnam in 10 years.

Asian real estate developers have increased their presence in Vietnam, while European and American investors have remained indifferent to the market.

VOV.VN - The Da Nang municipal People’s Committee has granted licences to the East Sea Technology Engineering Electrical Automation Company (ESTEC) to invest in two US$62.2 million projects at Da Nang Hi-Tech Park.

The Ministry of Agriculture and Rural Development (MARD) estimates to earn VND664 billion ($29.25 million) after the auction of Vietnam Sugarcane and Sugar Corporation II JSC (Vinasugar II).

Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.

Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?

Real estate ranked third among business fields which received the most FDI (foreign direct investment) capital in 2017, with US$3.05 billion committed, accounting for 8.5% of total registered FDI capital, according to the Foreign Investment Agency.

VOV.VN - Quang Tri has great potential to develop wind energy projects in the near future, said Mason Wallck, managing director of Infunde Development at a meeting with the provincial People’s Committee on February 8.

Cash flow worth billions of dollars from China in manufacturing, finance, infrastructure, real estate and e-commerce is flowing to Vietnam. 

Vietnam’s outward foreign direct investment (OFDI) is expected to continue to increase rapidly in Laos, Cambodia and Myanmar.