(VOV) - Lotte Mart is destined to raise the number of its supermarkets in Vietnam from current 11 to 60 by 2020.
The Quang Ngai Industrial Zones (IZs) Authority has granted investment licences to three new projects worth VND71 billion (approximately US$3.2 million).
Bitel telecommunication service provider, the Peru branch of Vietnam’s military-run telecom group Viettel, will invest an additional US$250 million to increase its subscribers to 2.5 million people.
German-backed Siemens AG Group will expand its business in Vietnam in many sectors.
SolarPark Korea Company has announced its plan to build a US$650 million solar power plant in the central province of Ha Tinh.
As the market recovery has become clearer, multinational groups and foreign investment funds have begun to inject money into real estate projects, mostly large ones.
Industrial parks (IPs) in the Mekong Delta province of Soc Trang has become a trusty destination for both local and foreign investors.
(VOV) - Government officials, experts and businesspeople from Cambodia, Laos and Vietnam (CLV) gathered at the 2015 Mekong Forum in Vientiane on October 15 to examine ways to bolster trade and investment cooperation.
Ministry of Agriculture and Rural Development official Nguyen Do Anh Tuan has suggested that Japanese enterprises should prioritise investments in seed production and breeding, support industries for farming, biological technology and produce maintenance in Vietnam.
(VOV) - J-Power, the largest electric utility in Japan, is seeking a suitable location to build a 1,200MW coal-fired thermal power plant in the central province of Quang Ngai that has a deep-water port serving major colliers.
(VOV) - A delegation of German businessmen arrived in Vietnam on October 12 for a visit to assess the country’s investment environment, according to Vietnam’s Foreign Ministry.
(VOV) - Laos is a booming country for young entrepreneurs and startups, said Ambassador Nguyen Manh Hung at a celebration in honour of Vietnam Entrepreneur Day (October 13) in Vientiane.
The Republic of Korea (RoK)-made products have been flooding the Vietnamese market thanks to expanded distribution networks.
International credit rating agencies on October 12 said the Trans-Pacific Partnership (TPP) deal was credit positive for participating sovereigns including Vietnam.
Vietnamese investors can transfer 5 % of their overseas projects' values in foreign currency and not more than US$300,000 towards project-related activities before getting investment licences from foreign authorities.
Small and medium-sized enterprises (SMEs) in the city are neglecting to use information and technology applications and information security, said Dang Vu Tuan, vice director of Hanoi's Department for Information and Communications.
Vietnam Prosperity Bank (VPBank) has asked shareholders to approve their plan to sell the bank's stakes in several of its subsidiaries to foreign investors, an atypical opportunity for foreigners interested in entering the market.
(VOV) - China has lost its competitive edge as a low-cost manufacturing hub with producers of everything from handbags to clothing to basic electronic components relocating to Vietnam economists at Savills said recently in a research report.
Vietnam's largest airport Tan Son Nhat, which is operating above its designed capacity, will be expanded over the next five years at a cost of VND6.4 trillion (US$283.12 million), local authorities has recently announced.
The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said.
(VOV) - Improving the supply chains in Ho Chi Minh City to support industrial development is a top priority, said Chief representative Yasuzumi Hirotaka of the Japan External Trade Organization (JETRO).
Vietnamese startups have become more and more attractive to angel investors, seed-funds and series A-funds, both domestic and foreign.
Japan’s All Nippon Airways (ANA) is in negotiations over a strategic stake at Vietnam Airlines, and the two parties are expected to finalize the deal in the first quarter of 2016.
Japanese businesses from the Kansai region have said they are interest in the Vietnamese market, and keen on expanding trade and investment connection with Vietnamese partners, especially in supporting industry, in the time ahead.
(VOV) - Prime Minister Nguyen Tan Dung told a Global Investment Forum convened recently in Hanoi that the number of state-own enterprises has dropped by 90% from roughly 12,000 over the past two decades.
Foreign invested enterprises now can more easily list their shares on Vietnamese stock markets under Decree 60 that allows foreign investors to hold up to 100% of stake in Vietnamese enterprises.
Vietnam aims to reduce processing time for commercial disputes to 200 working days from the current 400 working days, as the country continued with administrative reforms to improve its business environment.
(VOV) - The Investment Promotion Agency of Quang Ninh province on October 5 held a seminar in an aggressive move to promote foreign direct investment (FDI) attraction in the province that drew a large gathering of foreign companies.
(VOV) - The German Industry and Commerce (GIC) in Vietnam has unveiled in a press release that a contingent of representatives from 10 businesses will visit Hanoi and Ho Chi Minh City on October 12-16 to explore trade and investment opportunities.
Ascendas, Asia’s leading business space solutions provider, and its joint venture partner, Saigon Bund Capital Partners, on October 1 celebrated the ground breaking of OneHub Saigon, a 12-hectare integrated business park development located at Saigon Hi-tech Park (SHTP) in Ho Chi Minh City, Vietnam.