More than 30 businesses from Vietnam and Japan were brought together at an event in the northern port city of Hai Phong on July 19 to seek stronger investment links.

The southern province of Dong Nai attracted nearly US$980 million of foreign investment so far this year, equal to 97% of its target for the whole year, according to the provincial Department of Planning and Investment. 

Several major domestic and foreign groups will be committing to projects in the Mekong Delta city of Can Tho after signing memoranda of understanding on investment next month.

Nestlé, the world’s largest food and beverage company, inaugurated a new NESCAFÉ Dolce Gusto capsule production line in the southern province of Dong Nai on July 19.

Leaders of Ho Chi Minh City and relevant agencies have agreed to meet representatives of the Japan International Cooperation Agency’s (JICA) Vietnam Office every quarter to promote projects funded through Japanese official development assistance (ODA).

Businesses in Vietnam are facing difficulty in finding suitable commercial or office space as the rental rates have skyrocketed, especially in big cities.

The growing foreign direct investment (FDI) in Vietnamese property has shown investors’ greater expectations of the market, insiders said.

Investors have expressed readiness to invest in 22 projects worth roughly VND82 trillion (US$3.64 billion) on a combined area of 2,756.3ha in the Mekong Delta city of Can Tho. 

Foreign banks in Vietnam have been expanding their transaction networks and increasing their charter capital in a bid to increase market share, especially in the retail banking sector.

The US-China trade friction is expected to help boost foreign direct investment in Vietnam, fast-tracking an already strong trend of foreign firms veering away from China, where rising costs are worrying investors.

The central province of Thua Thien-Hue has issued a decision to end the operation of 12 stagnant projects, with nine revoked and three put on special supervision.

Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.

This year marks 30 years since foreign direct investment (FDI) first entered Vietnam. Since then, FDI has contributed to the country’s socio – economic development by boosting exports, enriching the State budget and shifting the economic structure.

Vietnam’s Lilama Corporation has signed a contract to manufacture and install mechanical equipment for a fertiliser plant in Brunei.

The Ministry of Industry and Trade has proposed the transfer of the investment rights of some energy projects to Chinese investors.

Vietnam’s IT group FPT has inaugurated its 7th representative office in Japan at Yokohama, Kanagawa Prefecture.

Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth US$206.58 million in the first half of 2018, up 3.29% from the same period last year.

Footwear enterprises from the Republic of Korea (RoK) are operating effectively in Vietnam and their investment flows to the country are expected to increase strongly once the EU-Vietnam Free Trade Agreement (EVFTA) is signed.

Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.

Construction of a factory manufacturing metal components recently kicked off at the Ba Thien II Industrial Zone in Binh Xuyen district of the northern province of Vinh Phuc.

VOV.VN - At the end of the second quarter, the Ministry of Planning and Investment had issued 23 licenses to businesses in the Central Highland province of Gia Lai for overseas investments.

Deputy Prime Minister Trinh Dinh Dung has approved Bamboo Airways’ investment project at Phu Cat Airport in the south central province of Binh Dinh.

The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.

Japanese businesses have been working with Vietnamese partners in technology transfer and equipment manufacturing, as well as increasing investments in precision mechanics.

Retail chains specializing in products for mothers and children now have to compete with private shops and vendors, whose low cost is a great advantage.

The massive increase in the number of M&A deals involving foreign investors is putting pressure on Vietnam’s plastics industry.

Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.

The southern province of Ba Ria – Vung Tau is taking measures to attract investors to local industrial parks (IPs). 

VOV.VN - The Republic of Korea leads the way among countries and territories investing in the southern province of Dong Nai with nearly 400 businesses and a total registered capital of around US$5.6 billion, according to the provincial People’s Committee.

The total value of foreign and domestic investments in industrial and economic zones nationwide fell slightly in the first half of 2018.