VOV.VN - Vietnam welcomes Mitsubishi Motors’ plan to build its second plant in the country, said Deputy Prime Minister Vuong Dinh Hue at a January 15 reception for the group’s Executive Vice President Kozo Shiraji in Hanoi.

VOV.VN - Alpec joint venture company and Nidec, a Japanese business have stricken a strategic cooperation agreement to provide high-quality elevator installation, warranty and maintenance services in Vietnam.

Thai tycoons have been seeking business opportunities in Vietnam's beverage, retail and construction materials markets over the past five years in a bid to take advantage of the country's 95 million population and expanding middle class, according to experts.

Foreign petrol distributors have set foot in the Vietnamese market, but they will have to confront Petrolimex, the giant which holds 50% of market share, and other rivals. 

Danish global machinery equipment maker DenimoTech and Vung Ro Petroleum Company Limited on January 11 signed an agreement to build a high-tech bitumen plant in the central coastal province of Phu Yen.

The central coastal city of Da Nang is deploying a number of measures to increase investment attraction in 2018.

VOV.VN - Chinese businesses tend to make their stronger presence in Vietnam through mergers and acquisitions (M&A) deals, especially in real estate.

State-owned mobile network operator Mobifone will offload its holding of 38.95 million shares in two joint stock commercial banks in February.

Hanoi hopes to continue having the European Investment Bank (EIB)’s company in developing its urban railway system, Vice Chairman of the municipal People’s Committee Nguyen The Hung told Vice President of the bank Jonathan Taylor at their working session in Hanoi on January 10.

The Ministry of Agriculture and Rural Development (MARD) will continue reforming administrative procedures and improving the business environment to lure more investments into the sector this year, particularly hi-tech and organic agriculture.

The Mekong Delta city of Can Tho will organise a range of activities to strengthen cooperation with and attract more investments from Japan in 2018, said a municipal official.

VOV.VN - Dragon Joy International Engineering from Hong Kong (China) plans to construct a steel mill with a capacity of 150,000-200,000 tons per year and a 66,000MW solar power plant in the Mekong Delta province of Hau Giang.

A number of startups successfully called for millions of dollars from foreign investors in 2017.

The first five-star resort and entertainment complex on Cat Ba Island, Hai Phong city, promises to change the local tourism and economy.

Covering an area of 150 hectares, the Hoa Cam industrial park has 66 operating enterprises. To effectively carry out the city’s policy on improving investment attraction in 2018, besides general policies, the park’s managing board has made up specific plans to lure more investors.

The government has geared up for the divestment of State-owned capital from many large State-owned enterprises (SOEs) this year, according to the Ministry of Finance.

Strong economic growth in 2017 is fuelling investor confidence in the Vietnamese economy in 2018, with many investment opportunities on the horizon, experts said at a conference held in Thanh Hoa Province on January 5.

The biggest M&A deals were in a variety of business fields, especially the real estate and banking sectors.

Due to strict regulations and the erratic price of rubber, Vietnam Rubber Group (VRG) might be hindered in reaching its equitisation plan on the heels of its initial public offering (IPO) in the first quarter of 2018.

Giant property developer Novaland Group has launched a new project called Victoria Village in Ho Chi Minh City’s District 2.

The construction of an agricultural product processing plant using the Korea-designed modern technology, commenced in the northern mountainous province of Son La on January 6. 

Vietnam’s TH Group, famous for its TH True Milk brand, has sent 1,100 cows from the United States to Russia. 

The Vietnamese drug market, valued at US$5.2 billion, is attracting more foreign investors and multinationals.

The securities market is likely to be the most attractive investment channel for investors in the Vietnamese economy this year, analysts say.

The Gioi Di Dong (Mobile World) Co. Ltd. on January 3 officially finished the acquisition of Dien May Tran Anh (Tran Anh Digital), giving it the ownership of an over 90% stake at Tran Anh.

VOV.VN - Anam Electronics of the Republic of Korea (ROK) has begun construction of an electronic factory covering an area of 100,000sqm in Dong Van IV-Viglacera Industrial Zone in northern Ha Nam province.

While some analysts note that a number of foreign banks have withdrawn capital from Vietnam banks, others see signs of a third investment wave from foreign investors.

The Chu Lai Open Economic Zone attracted 23 projects in 2017. Three were foreign investment projects worth US$16 million.

According to the Ministry of Investment and Industry (MOIT), 183 foreign brands have been granted a franchise in Vietnam, mostly from the US, Australia, the Republic of Korea (RoK) and the EU.

The State Atomic Energy Corporation (ROSATOM) of Russia is willing to cooperate with Vietnam in developing mobile mini hydroelectric plants using environmentally friendly technology.