Vietnam is expected to attract more foreign investment next year and in the future due to the opportunities and advantages resulting from free trade agreements (FTAs), according to experts.

(VOV) - State Bank of Vietnam (SBV) Governor Nguyen Van Binh has issued a license for the Siam Commercial Bank Public Company Limited (Thailand) to open a branch in Ho Chi Minh City, according to a company spokesperson.

Agriculture is an investment field which promises high risks but low profitability, just 3-4%.

(VOV) - Mövenpick Hotels & Resorts – a leading hotel management group from Switzerland has signed a contract for the management of Mövenpick Resort Cam Ranh Bay in central Khanh Hoa province. The project investor is Eurowindow Nha Trang Tourism Investment Joint Stock Company. 

(VOV) - Low-cost airline VietJet Aviation Joint Stock Co has taken receipt of the first of 30 Airbus Group SE A321 planes it ordered at last month’s Dubai Airshow, a deal worth US$3.6 billion at full retail prices.

The business fields that Thais have poured money to in Vietnam – infrastructure, building materials, retail, consumer goods, food and automobiles – are all fields with great potential.

Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business. However, Vietnamese businesses and analysts believe they will stay in the country.

(VOV) - The International Finance Corporation (IFC), a member of the World Bank group is providing a trade facility of up to US$10 million to TienPhong Commercial Joint Stock Bank (TPBank) to enhance its support for local enterprises and help boost international trade opportunities, according to an IFC press release on December 17.

(VOV) - The management board of the Saigon Hi-tech Park (SHTP) on December 17 granted investment licences to two new investors in the global supply chain of Samsung Electronics.

(VOV) - Malaysia’s Public Bank Berhad based out of Kuala Lumpur recently filed to become the sixth wholly-owned foreign bank in Vietnam, according to officials at the Bank for Investment and Development of Vietnam (BIDV).