A survey conducted by the Korea International Trade Association (KITA) has found that the majority of Korean investors who plan to scale up their outward investment plan plan to come to Vietnam.
(VOV) - Thai businesses have expressed concern that foreign investors will shift their investment from Thailand to Vietnam, Singapore and Malaysia to take full advantages of Trans-Pacific Partership (TPP) to approach the US, said Vallop Vitanakorn, vice chairman of the Federation of Thai Industries (FTI).
(VOV) - Grand Tourane Danang Hotel – the first five-star hotel on My Khe Beach in Danang, will officially be operational on February 1.
The Indonesian Investment Coordinating Board (BKPM), launched a three-hour investment permit service on January 11.
Vietnam N.A Motor Co., Ltd (N.A Motor) has overtaken TN Development Joint Stock Company (TN) in Vietnam Motors Industry Corporation (Vinamotor)’s second auction to purchase the state’s 97.7% stake.
Many suppliers from the Republic of Korea (RoK) have followed Samsung, LG, Lotte, Emart and other major companies to set up shop in Vietnam in recent years, resulting in a sharp rise in Korean investment activity.
(VOV) - The central province of Thua Thien-Hue will support and create the best possible conditions for Australian WorkWithAnyOne Company to invest in human resource training and the software industry in the province.
From July next year ODA (official development assistance) funds received by the country will only be allocated to provinces facing difficulties and for programmes to improve public welfare and eliminate hunger and poverty rather than for large infrastructure projects, according to the Ministry of Finance.
The central province of Nghe An attracted a positive investment flow totaling VND150 trillion (more than US$6.6 billion) during the 2010-15 period.
The new incentives ushered in by the establishment of the ASEAN Economic Community have prompted foreign investors to boost their investment in Vietnam. However, many local firms are missing out on opportunities offered by this trade liberalization mechanism.