Foreign manufacturers have said they are considering either leaving Vietnam for other regional countries which have a more competitive investment environment, or stopping their production activities in Vietnam. However, many Vietnamese don’t believe they will do it.

The Phu Quoc Tourism Investment and Development JSC, a subsidiary of Vingroup – Vietnam’s leading property developer - has been selected by Kien Giang Province as the developer of the Phu Quoc international passenger seaport.

Cuba is offering a wide choice of incentives to attract foreign investors, President of the Cuban Chamber of Commerce Orlando Hernández Guillén told a workshop in Ho Chi Minh City on April 17. 

(VOV) -Vietnam Ambassador to Russia Nguyen Thanh Son and Tambov provincial governor Oleg I. Betin have discussed the possibility of stepping up trade and investment cooperation in the time to come.

Over 40 Chinese businesses operating in finance, labour, real estate and construction made a fact-finding tour of Ho Chi Minh City on April 16 to seek business opportunities in the metropolis. 

(VOV) - Vietnam businesses won’t be able to compete with foreign rivals and are likely to be defeated on home turf in the near future if they continue to depend on cheap labour costs.

The Hanoi-based Bank for Investment and Development of Vietnam (BIDV) hopes to choose a foreign strategic investor later this year or next year, said BIDV Chair Tran Bac Ha on April 14.

Czech-backed Home Credit Vietnam (HCV) has selected American Genesys to remodel its customer service. 

Foreign investors in build-operate-transfer power projects that have yet to finalise agreements are keeping a  close eye on a long-awaited Decree 15/2015/ND-CP on public private partnership investment modes, taking effect on April 10.

(VOV) - The Ministry of Economy of the Republic of Poland and the Poland Embassy in Vietnam on April 14 co-organised a workshop in Hanoi, discussing investment opportunities for the businesses of both nations.