The southern province of Dong Nai attracted an estimated US$1.83 billion in foreign direct investment (FDI) in the first nine months of 2015, up 54% against the same period last year and surpassing the yearly target by 83%.
(VOV) - The Vietnam Global Investment Forum opened in Hanoi on September 30, focusing on economic prospects, FDI trends and state-owned enterprise (SOE) equitisation.
(VOV) - Vietnam and Australia have signed a Memorandum of Understanding (MoU) on exchange of sugarcane varieties and cooperation in sugarcane disease and pest research.
Foodstuff maker Kido Joint Stock Company (KDC) on September 28 announced plans to register with the State Securities Commission to buy back 40 million shares on the open market, equivalent to 17.01% of its free float.
Vietnam received an estimated record US$9.65 billion in actual foreign direct investment (FDI) so far this year, with strong inflows going to the manufacturing sector, a key driver for the country's economic growth.
Hanoi-based Building and Infrastructure Development Company teamed up with Japan Construction Management Corporation and PricewaterhouseCoopers in order to increase its competitiveness and reach its ambition to become of Vietnam’s largest construction firm.
(VOV) - A contract on transaction advisory for the e-Government procurement project (e-GP) was signed in Hanoi between the Project Management Unit (PMU) under the Public Procurement Agency (Ministry of Planning and Investment) and Pricewaterhouse Coopers Vietnam Ltd (PwC Vietnam) on September 24.
(VOV) - In recent years, Vietnam’s overseas direct investment has increased. Vietnamese enterprises have expanded their markets contributing greatly to national growth and raising Vietnam’s prestige in international economic integration.
Vietnam has yet to have a modern, large-scale pulp production chain, despite the approval of several projects, Vu Ngoc Bao, general secretary of the Vietnam Pulp and Paper Association told Vietnam Economic Times.
(VOV) - Taiwan-based Kenda Rubber Industrial Co. Ltd plans to invest around US$160 million in building a factory at Giang Dien Industrial Zone (IZ) in Trang Bom district, Dong Nai province.
(VOV) - AkzoNobel Powder Coatings on September 22 unveiled a plan to further invest in its Performance Coatings business in Vietnam.
The Monetary Authority of Singapore (MAS) will strengthen its regulatory framework to safeguard investor interests by proposing amendments to the Securities and Futures Act (SFA) that will be discussed at the country’s parliament next year.
A series of measures was debated at a workshop in Hanoi on September 22 to help the capital make the best of opportunities and take most effective adaptation to challenges that will be generated after the ASEAN Economic Community (AEC) is formed by the year-end.
The FLC Group started the construction of the FLC Hoang Long Industrial Park (IP) in the central Thanh Hoa Province on September 22, earlier than scheduled.
At a recent meeting to launch Vietnam’s e-commerce policy, Tran Huu Linh Director General of the Vietnam E-commerce and Information Technology Agency (VECITA) under the Ministry of Industry and Trade (MoIT), said about 30% of Vietnamese people will shop online by 2020.
HanesBrands, the US’ manufacturer and marketer of everyday apparel essentials, aims to raise its total investment in Vietnam to nearly US$55 million by the end of 2015, increasing its 2014 figure by US$11 million.
Overseas Vietnamese who want to buy a home in Vietnam are concerned regarding the sheer volume of evidence they must furnish to prove that they are in fact of Vietnamese heritage.
Taiwan's E.SUN Commercial Bank (E.SUN Bank) on September 18 opened its first branch in Vietnam in Bien Hoa city, the southern province of Dong Nai.
Japanese businesses have shown their interest in investing in various fields such as agriculture, health care, education and personnel training during their trip to the Mekong Delta region.
The TH Group has recently announced plans to invest US$1 billion in building a concentrated dairy cow and fresh milk production project in Russia.
(VOV) - A delegation from Korean Hyundai Corporation led by its president Mong Hyuck Chung made a fact-finding tour of vegetable and fruit growing areas in the Mekong delta provinces of Long An and Tien Giang on September 17 to seek investment opportunities in Vietnam’s agriculture.
The German-based industrial gas producer Messer expects to increase its supply for the Vietnamese food industry and seek cooperation in producing E5 petrol in the country.
The thriving Vietnam-India commercial partnership was the highlight of a forum held in Ho Chi Minh City on September 16.
Another advanced hi-tech park will be built in Ho Chi Minh City to meet the municipal socio-economic development demands, as heard at a promotion conference held in the city on September 16.
More than 30 Indian businesses and about 60 Vietnamese firms in the southern province of Dong Nai joined a trade exchange forum on September 16 in Dong Nai, aiming to seek stronger partnership.
(VOV) - Apparel maker Hanesbrands (HBI), a subsidiary of the United States-based Hanesbrands Inc, will raise its investment capital in Vietnam from US$44 million to US$55 million by the end of this year, in order to expand production and provide products to the world market.
A business delegation from Wakayama, one of the nine prefectures of Japan’s Kansai region famous for agriculture and fishery, will come to Vietnam this November to explore the investment environment.
Deputy Prime Minister Vu Van Ninh had bilateral meetings with global economic leaders in Geneva, Switzerland on September 14 as part of his working visit to Europe to expand multi-faceted collaboration between Vietnam and economic organisations in the region and beyond.
Prime Minister Nguyen Tan Dung and his Lao counterpart Thoosing Thammavong launched the exploitation and processing of potash salt mines, one of Vietnam ’s largest projects overseas, during a ground-breaking ceremony in Nongbok district, Khammouane province of Laos on September 13.
(VOV) - Dr. Michael Mandel, Chief economic strategist at the Progressive Policy Institute in Washington has said that developing apps for mobile devices such as smartphones and tablets has been one of the most dynamic fields in Vietnam.