Representatives of Vietnamese and Dutch enterprises operating in innovation and smart city development, water treatment and waste management in central Da Nang city gathered for a workshop on responsible investment  in the locality on May 25. 

The Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects.

The Vietnamese Government always creates favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), to invest and expand operation in the country, said Minister and Chairman of the Office of the Government Mai Tien Dung.

Indonesian ride-hailing app Go-Jek will spend US$500 million to expand its operation to Thailand, Vietnam, Singapore and the Philippines in the next few months, it said on May 24. 

Laguna Lang Co, one of Asia’s largest integrated resorts with international hospitality operator Banyan Tree as its managing partner, has officially got a casino licence from the Vietnamese government, marking it the first casino license in recent 10 years in Vietnam.

Deputy Prime Minister Vuong Dinh Hue on May 24 asked the Ministry of Health, Ministry of Education and Training, and Ministry of Culture, Sports and Tourism to quickly address their slow disbursement of public investment.

Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.

The Mekong Delta province of Tra Vinh aims to have 4,000 enterprises by 2020, with more than 30% and 15% of them owned by woman and ethnic minority people, respectively, heard a conference in the locality on May 23. 

Switzerland’s Sowareen Solutions AG has just proposed to build a finance and insurance centre at Van Don Special Administrative-Economic Zone (SAEZ) in the northern province of Quang Ninh.

Vietnam Oil Corporation (PV Oil) has released the names of four competitors meeting the criteria to join the auction to become its strategic investor, two of whom are foreign investors from the Republic of Korea and Japan.