The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.

The southern province of Kien Giang has listed three projects in Phu Quoc island district that are in urgent need of investment in order to call for investors.

The foreign direct investment (FDI) picture in the first half of 2018 has kept the black spot of technology transfer despite capital inflows increasing against last year.

Kyoei Steel has registered buying an additional two million shares in Vietnam Italy Steel JSC (VIS), showing that the company has not given up on its ambitions to acquire VIS.

VOV.VN - ESMO (formerly NEXEN TECH) has just started construction of ESMO VINA - its first wiring harness factory in Vietnam, covering an area of 63,500 m2 with a total investment of VND700 billion.

Trung Nam Solar Power JSC, a member of Trung Nam Group, on July 7 kicked off construction of a VND5 trillion (US$216.5 million) solar power plant in Thuan Bac district, the south-central coastal province of Ninh Thuan.

Construction work started on the country’s most modern poultry processing plant in the north central province of Thanh Hoa on July 6.

An investment promotion workshop was held in Singapore on July 6 to introduce the strengths, policies, and opportunities of the central province of Quang Binh to Singaporean investors. 

The Central Highlands province of Dak Lak has attracted dozens of projects with a large amount of investment, thereby helping to foster the locality’s socio-economic development, said a local official.

The northern province of Ha Nam has been striving to lure more investment with a series of measures, according to Nguyen Van Oang, Director of the provincial Department of Planning and Investment.

The United Kingdom (UK) wants to boost its investment in Ho Chi Minh City, especially in the fields of planning, project management and smart urban development, said Baroness Fairhead, Minister of State for Trade and Export Promotion at the UK Department for International Trade.

Nearly VND5 trillion (US$216.5 million) will be invested in building a solar power plant in the south-central coastal province of Ninh Thuan.

Da Nang is prepared to create favourable conditions for the Republic of Korea (RoK) to build a consulate office in the city while attracting Korean investors and tourists.

A conference to review 30 years of foreign direct investment (FDI) in Vietnam will be held in the first week of October 2018, according to Prime Minister Nguyen Xuan Phuc.

While higher prices and low awareness have limited consumption in the domestic market, one firm is optimistic that this will change.  

A delegation from the Vietnam-Republic of Korea Association for Society, Economy, and Culture (COVESECA) visited the Red River Delta province of Ha Nam on July 4 to study the locality’s investment climate.

A Vietnamese conglomerate has put forward a plan to build a cable car connecting the tourist city of Hoi An and another district in the central province of Quang Nam, but it is facing the first challenge of large occupation.

The southern province of Binh Phuoc has lured 17 foreign-invested projects since the beginning of 2018, with total investment of over US$119.5 million, according to the provincial Department of Planning and Investment.

Businesses from Taiwan (China) have signed several agreements on agricultural cooperation with the Vietnam Organic Agri-Economy Institute after recent fact-finding trips to Tay Ninh, Dong Thap and Lam Dong provinces.

Deputy Minister of Agriculture and Rural Development Tran Thanh Nam called on Swiss investors to engage in Vietnam’s agricultural sector during a trade and investment promotion forum on agriculture in Zurich, Switzerland, on June 29.

VOV.VN - United Packaging Co.,Ltd from Japan has broken ground on the building site for a new 5ha manufacturing facility at Tan Phu Trung Industrial Zone (IZ) in Cu Chi district, Ho Chi Minh City with a total investment of more than US$15 million.

The tax incentive mechanism of the EU-Vietnam Free Trade Agreement (EVFTA) will bring great benefits to Vietnamese industries and products, according to Minister of Industry and Trade Tran Tuan Anh.

Vietnamese firms invested US$222.48 million in 67 newly-licensed projects abroad in the first six months of 2018, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

 Japan overcame 86 countries and territories to become the largest foreign investor in Vietnam in the first six months of this year, with US$6.47 billion, or 31.8% of the total registered capital.

Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested. 

Very few domestic firms in support industries supply parts for FDI enterprises in the electronics industry, according to Nguyen Mai, President of the Vietnam Association of Foreign Invested Enterprises (VAFIE).

VOV.VN - French businesses have invested in 514 projects with a total registered capital of more than US$2.78 billion in Vietnam since the Southeast Asian nation pursued the Doi Moi (renewal) process, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Experts at a conference in Hanoi on June 25 stressed the need for measures to increase the efficiency of technology transfer of FDI businesses in Vietnam.

With Vietnam signing many multilateral and bilateral trade agreements and attracting more and more foreign investment, it is hard to avoid grievances and disputes, a workshop heard in Ho Chi Minh City.

The southern province of Dong Nai attracted US$902 million in foreign direct investment (FDI) in the first six months of the year, accounting for over 90% of the yearly plan and up 48% from the same time in 2017.