Vietnam - attractive destination for French startups
French startup firms are eyeing the Vietnamese market, especially the southern economic hub of Ho Chi Minh City thanks to open and dynamic business environment.
PR Newswire opens new office in Vietnam
PR Newswire, a global provider of news release distribution and media monitoring services, has opened a new office in Ho Chi Minh City, Vietnam, expanding its Asia-Pacific footprint.
Soc Trang secures nearly VND123 trillion in investment
Nearly VND123 trillion (US$5.4 billion) will be poured into 47 projects in the Mekong Delta province of Soc Trang, focusing on renewable energy, wind power, solar power, high-tech agriculture, and tourism services.
Russia’s auto producer GAZ eyes foothold in Vietnam
Russian auto manufacturer GAZ Group is planning to enter the Vietnamese market by setting up a joint venture for distribution and later by assembling autos in the country.
Tay Ninh draws over VND14.3 trillion in solar power projects
The southwestern province of Tay Ninh has granted investment licenses to five solar power projects worth over VND14.3 trillion (US$629.9 million) in Duong Minh Chau and Tan Chau districts.
SonKim Land joins development team of Metropole Thu Thiem
Leading real estate developer SonKim Land Corporation, Quoc Loc Phat JSC (Quoc Loc Phat), and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) have signed a strategic cooperation agreement and officially kicked off The Metropole Thu Thiem project in Thu Thiem New Urban Area (District 2, Ho Chi Minh City).
Capital mobilisation in HCM City up over 14%
Capital mobilization by banks in Ho Chi Minh City reached over VND2,082 trillion (US$88.1 billion) as of May, up 0.83% from the previous month and 14.47% year on year, said the municipal branch of the State Bank of Vietnam (SBV) on June 7.
Quang Tri approves two wind, solar power projects
Chairman of the People’s Committee of Quang Tri province Nguyen Duc Chinh on June 8 signed decisions approving two wind and solar power projects with total investment of over VND2.7 trillion (US$120 million).
HCM City ranks first in FDI attraction in five months
Ho Chi Minh City was the most attractive destination in FDI attraction in the first five months of this year, with US$2.39 billion, or 24.2% of total investment in the period, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
RoK continues leading foreign investors in Vietnam
The Republic of Korea (RoK) has been the biggest investor among 86 countries and territories investing Vietnam so far this year, with total investment of US$2.63 billion, accounting for 26.5% of total foreign direct investment (FDI) the country has attracted in the reviewed period.