VOV.VN - Escorts Group, a leading manufacturer of auto and tractor products for over four decades based out of India, is drawing up plans to expand its presence in the Vietnam manufacturing market. 

Singaporean developer Low Keng Huat Limited has reportedly sold a four-star hotel in downtown Ho Chi Minh City to an undisclosed investor for US$49 million.

Foreign investors are increasing their search for biomass power projects in Vietnam, a development encouraged by the country’s recent feed-in tariff system.

Japan has, for the first time, decided to provide ODA (official development assistance) to help Vietnamese buy houses.

Merger & acquisition (M&A) activities are attractive to foreign investors, especially those from Japan, according to a survey conducted by Jones Lang LaSalle Vietnam (JLL Vietnam), one of the foreign real estate services firms in Vietnam. 

Russian President Vladimir Putin has signed a federal law on ratifying the Agreement between the Russian and Vietnamese Governments on cooperation in geological survey and production of oil and gas in Russia within the framework of the joint venture Rusvietpetro. 

Foreign capital inflow to Vietnam, especially to the mechanical engineering industry is expected to surge in the upcoming times.

The northern port city of Haiphong absorbed US$1.8 billion in foreign direct investment (FDI) in the first half this year, 3.5 times higher than the same period last year, the Dau Tu (Investment) newspaper reported.

VOV.VN - Corporate Vietnam is becoming an important global investor as more domestic companies look for business opportunities abroad, said speakers from the Ministry of Planning and Investment (MoPI) at a conference on July 5 in Hanoi.

Minister of Planning and Investment Nguyen Chi Dung said that the ministry has proposed the Government issue a resolution on accelerating the disbursement of public investment capital. 

The Ministry of Planning and Investment will continue to draft a law designed to overcome difficulties in conducting business in Vietnam, after a set of new laws and decrees just took effect on July 1.

Up to VND4.49 trillion (over US$202 million) were collected by businesses during their divestment process carried out in the first six months of 2016, the Ministry of Finance announced at a recent conference in Hanoi. 

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and Cuba’s Geicons Group are set to establish a joint venture producing ceramics sanitary wares and tiles in October.

Investors from the Republic of Korea (RoK) have been topping the list of foreign investors in Vietnam in the last two years.

The Bank for Investment and Development of Vietnam (BIDV) has been granted a licence by the Central Bank of Myanmar to open a branch in Yangon.

Realty developers and individual investors once rushed to build villas in Mang Den, a mountainous town of the Central Highlands province of Kon Tum, before the wave subsided years ago, leaving a ‘ghost town’ of deserted edifices. 

Marquardt Group of Germany expects to invest US$35-50 million to build an auto parts manufacturing factory in central Danang City.

VOV.VN - A recently released study by the Vietnam Industry Research and Consultant (VIRAC) shows that beer production and consumption in Vietnam for 2014 reached an all-time record high of 3.1 billion litres with revenue of US$4.56 billion.

The central coastal province of Nghe An has paid heed to renovating and enhancing promotional activities to draw investment from such key partners as Japan, the Republic of Korea (RoK), Singapore and Thailand.

A Republic of Korea (RoK)-Vietnam forum to strengthen co-operation between their electrical industries was held in HCM City on June 30 with more than 40 firms taking part.

Prospects of strong economic growth and foreign investment are driving Vietnam's office property segment, with local and international developers both trying to grab the remaining prime locations in big cities quickly, industry insiders said.

VOV.VN - Dohwa Group from the Republic of Korea is scheduled to build a biomass power plant in central Quang Binh province in 2018, said the provincial People’s Committee.

Germany’s Marquardt Group plans to develop an automotive component production factory with the initial investment capital between US$35 and US$50 million in the central province of Danang.

Dubbed the "Father of Little Saigon", Trieu Nhu Phat, the man who came to the US and started his own business, now holds assets worth US$500 million.

VOV.VN -Vinamilk, the nation’s largest dairy producer, has announced it is expanding its domestic operations into the niche organic milk market.

VOV.VN - Nearly 100 overseas Vietnamese business people gathered at a talks in Melbourne on June 28 to discuss measures to boost investment in Vietnam.

VOV.VN - BRG Group Joint Stock Company has bought Sedona Suites Hanoi on To Ngoc Van Street in Hanoi from Singaporean Keppel Land Estate Pte Ltd, said a BRG representative.

Work on the Bun Xang lake project in Ninh Kieu district, in the Mekong Delta city of Can Tho began on June 28, using the World Bank’s loans. 

Kido Group plans to dominate the consumer food market in 2016 by making aggressive merger and acquisition deals.

Ho Chi Minh City will speed up the implementation of the Metro Line No. 2 project, Secretary of the municipal Party Committee Dinh La Thang has affirmed.