Can Tho City has attracted US$175.7 million of foreign direct investment (FDI) capital this year, including a Republic of Korea’s shoe-production plant that will be the largest FDI project in the Mekong Delta region.
Businesses from France are interested in transport projects in Ho Chi Minh City, French Ambassador to Vietnam Jean Noel Poirier was quoted by Saigon Giai phong newspaper as saying on August 8.
VOV.VN - Singaporean investment in Vietnam’s real estates has increased sharply in recent times, said Leow Siu Lin, Singapore Consul-General in Ho Chi Minh City.
The HCM City People’s Council has decided to provide an additional tax incentive for an expansion plan of the Samsung Electronics HCM City CE Complex at the Saigon Hi-Tech Park.
Didi Chuxing Technology, a homegrown car-hailing app from China, is expected to expand to Vietnam soon after receiving more than US$7 billion in its latest fundraising round, said VnExpress.
Central Group, the owner of the Big C retail chain, has committed to completing the payment of transfer tax this month, the Dien dan Doanh nghiep (Businesses' Forum) newspaper reported.
Two years after leaving FPT, Truong Dinh Anh, its former CEO, moved to live and work in the US.
An increasing number of foreign companies are expanding research and development (R&D) activities in Vietnam.
Ho Chi Minh City-based Terra Wod is planning to develop two renewable energy plants in the central province of Quang Ngai to tap into the local wind and solar resources.
VOV.VN - Private Equity firm Mekong Capital unveiled on August 4 that it led at the funding round for Vietnam-based logistics firm ABA Corporation, marking the second investment from its fourth fund.
VOV.VN - The State Bank of Vietnam (SBV) said on August 4 it has agreed in principle to allow Woori Bank headquartered out of the Republic of Korea (RoK) to open a wholly owned unit in the country.
An incubator centre for technical, technological and mechanical businesses debuted in Ho Chi Minh City on August 4.
The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth US$1.83 billion in the first seven months of 2016.
The Van Thinh Phat Investment Group (VTP Group) on August 3 signed an investment cooperation agreement with Malaysian investors Pavilion Group and Genting Group to develop a park and housing complex in Ho Chi Minh City.
More foreign investors are planning to develop wind farms in Vietnam to satisfy the country’s rising demand for renewable energy.
VOV.VN - PSH Group of Spain has unveiled its investment plan for a project to build an entertainment-resort complex in Chan May-Lang Co economic zone (EZ) in the central province of Thua Thien Hue.
Many US businesses have shown interest in investing in HCM City, Tran Vinh Tuyen, deputy chairman of the city People’s Committee, has said following a visit to the US at the head of a city delegation to promote trade and investment.
The southern province of Ba Ria - Vung Tau will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism.
The processing and manufacturing industry in Vietnam has become very attractive to investors from the Association of Southeast Asian Nations (ASEAN).
The southeastern province of Binh Phuoc has attracted US$25.17 million in foreign direct investment (FDI) in the first seven months this year, according to the provincial Department of Planning and Investment.
The PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to expand its coverage in rig and drilling related services provision, to Myanmar, Malaysia and the Middle East, according to General Director Pham Tien Dung.
VOV.VN - Amata Vietnam, a subsidiary company of Thai Amata Group, plans to invest US$200 million in constructing the second industrial zone, Vietnam-Amata City Long Thanh in Dong Nai province in 2016-2018, according to Deal Street Asia.
VOV.VN - Japan’s Daikin Air Conditioning Vietnam JSC has signed a land lease agreement with Thang Long II Industrial Zone for construction of the largest air conditioner factory in Vietnam.
Vietnamese real estate is attracting Japanese investors thanks to the market’s recovery and the country’s deep integration into the global economy.
VOV.VN - On August 2, the Vietnam-Singapore Industrial Park (VSIP) located in Nghe An Province held a ground breaking ceremony for upgrades to the waste treatment plant to address current capacity issues.
VOV.VN - Dai Nam Group plans to invest around US$100 million in building a racecourse on 60-70ha in Binh Duong province, said Huynh Uy Dung, owner of Dai Nam Tourism Complex - Dai Nam Group.
Foreign and Vietnam’s state-owned cement companies are racing to tender offers for LafargeHolcim in Vietnam’s divestment.
VOV.VN - Many Indian businesses have come to Vietnam to seek investment opportunities in energy, footwear and other industries, said Smita Pant, Indian Consul General in Ho Chi Minh City.
VOV.VN - The Myanmar Payment Union (MPU) has signed a memorandum of understanding (MoU) with FPT Group and the National Payment Corporation of Vietnam (NAPAS) to implement a project on building a financial switching system for Myanmar.
The Ministry of Transport (MOT) believes Vietnam should borrow US$300 million from China if it chooses Chinese contractors for the highway project, while the ministries of Planning & Investment (MPI) and Finance (MOF) say Vietnam needs to be more cautious about the project.