Investors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned.

Transparency in the equitisation of State-owned enterprises (SOEs) must be enhanced to attract foreign strategic investment in the process, experts said.

Vietnam always creates favourable conditions for foreign investors, including those from Egypt, to operate in the country, Vietnamese Ambassador to Egypt Do Hoang Long said at an investment promotion workshop in Cairo on December 20.

USG Boral, a Malaysia-based plasterboards manufacturer, has announced its US$20 million investment in a plant at Hiep Phuoc Industrial Zone in HCM City to expand its production in Vietnam. 

The Ministry of Health (MOH) estimates that Vietnam has to remit US$2 billion abroad to import foreign drugs but could retain more money in-country if it could attract FDI (foreign direct investment) into the pharmaceutical industry.

The central city of Da Nang has called for VND1.5 trillion (US$66.3 million) investment in five high-tech farms to create a centre for hi-tech-farming in the central and central highlands region.

The Vietnamese Government has worked to create optimal conditions for foreign investors in Vietnam, in accordance with the country’s laws, said Deputy Prime Minister Vuong Dinh Hue.

Foreign firms control 75% of mergers and acquisitions (M&A), Nguyen Quoc Viet, deputy general director of AVM Vietnam Company, said on December 19.

VOV.VN - Nafoods Tay Bac JSC broke ground on a fruit and vegetable processing plant in Moc Chau district, northern Son La province on December 19.

Construction of the five-star Sao Mai international hotel complex began at Nhut Hong new urban area, city of Ca Mau, the same name province, on December 19.