A delegation from the US Commerce Association led by US Ambassador to Singapore Kirk Wagar had a working session with leaders of the People’s Committee and departments in Ho Chi Minh City to seek cooperation and investment opportunities in the city.
(VOV) - The Foreign Investment Agency (FIA) has revised its figures to show that foreign invested companies registered US$13.33 billion of foreign direct investment (FDI) in the eight months leading up to September 2015.
(VOV) - Amway, the world’s largest network marketing company, on September 10 inaugurated a US$25 million factory at the Vietnam-Singapore II Industrial Park in southern Binh Duong province.
The northern province of Bac Giang has set up a Japan Desk to support Japanese investors in their operation in the locality, heard an investment promotion conference held in the province on September 9.
A delegation of enterprises from Japan’s Gifu prefecture visited and studied the investment environment of the northern province of Ha Nam on September 9.
Demand for transport infrastructure is increasing, so the Ministry of Transport must review transport system planning and seek private investment for transport projects, according to officials at a workshop.
As of September 4, Chow Tai Fook Enterprises Ltd. (Hong Kong) will replace Vinaland to manage the Nam Hoi An casino project.
The southern province of Binh Duong has, to date, attracted approximately US$22 billion in foreign direct investment (FDI) with 2,511 valid projects, revealed the provincial Department of Planning and Investment.
(VOV) - The Foreign Investment Agency has ranked the Republic of Korea (RoK) with investment of US$5.26 billion, representing 39.5% of the total, as the top foreign investor among 55 counties.
Johnny Rockets, an American restaurant franchise is seeking area developers for expansion into Vietnam.The move is part of the company’s expansion plans in Southeast Asia.
(VOV) - Trade relations between Vietnam and the Czech Republic have been enhanced since 2012 when Vietnam was listed as one of 12 priority markets in Czech’s national export strategy until 2020.
Hanoi is one of the three leading localities nationwide in foreign direct investment (FDI) attraction, accounting for 17.3% in the number of projects and 9.32% in the amount of registered FDI in the country, said the Ministry of Planning and Investment.
Poor infrastructure and a lack of proper mechanisms for private sector investment would prevent Vietnam from making the most of opportunities from its swift international integration, the director of the Vietnam Institute of Economics said.
(VOV) - Japan’s AEON Group is set to inaugurate its first large-scale commercial centre known as AEON Mall Long Bien on October 28, said a AEON group representative at a press conference held in Hanoi on September 3.
Hong Kong's Luen Thai Group, dealing in garments, has been considering a plan to invest in a garment and textile industrial park in Vietnam, the company announced in late August.
Real estate conglomerate Vingroup has announced it will build a VND500-billion (US$21.9 million) park along the Saigon River, saying it will be the largest in Ho Chi Minh City and on the lines of Central Park in the US city of New York.
Colombo Stile, a top Italian luxury furniture brand, opened its first showroom in the country in Ho Chi Minh City on August 27.
(VOV) - With 800 projects worth US$2.7 billion, Japan is the 6th biggest foreign investor in Ho Chi Minh City. The figure is expected to rise in the future because HCM City is considered an ideal destination for Japanese investors.
More than 80 Japanese businesses recently participated in a conference on trade and investment promotion in the central city of Danang.
Bank shares and state-owned enterprises’ (SOEs) IPOs (initial public offering) have become highly attractive to foreign investors.
(VOV) - Vietnam’s total new and supplementary capital reached US$13.33 billion in the first eight months of this year; up 30.4% from the same period last year.
The Vietnam economy is expected to see major changes after it signs the Trans Pacific Partnership (TPP), which includes member countries that make up 40% of the world’s trade.
Foreign investors are showing interest in Vietnam’s infantile solar power sector, although a lack of state support mechanisms may hinder progress.
Tran Bac Ha, Chairman of the Board of Directors of the Bank for the Investment and Development of Vietnam (BIDV), said that the bank would raise the total available credit in Mekong Delta region.
(VOV) -Measures to resolve difficulties and support the business and investment activities of overseas Vietnamese (OV) enterprises were discussed in a conference held in Ho Chi Minh City on August 21.
(VOV) - Vietnam’s textile industry has continued to be a magnet for attracting inward foreign direct investment (FDI) in the seven months leading up to August, according to the latest official statistics.
(VOV) - The structural construction on the first tower of the Blooming Tower project will officially be completed in October 2015, according to Sin Yong Kyu, General Director of the Korea Investment & Development on August 18.
Experience in budget decision, examination and oversight have been shared among representatives from Vietnam, Laos, Cambodia and Myanmar together with foreign experts in finance-banking during the 6th joint workshop which opened in the central coastal city of Danang on August 17.
The Japanese Hokugan Company intends to build an ocean tuna and other aquatic products processing plant in the Dong Tac fishing port, Tuy Hoa city of the central coastal province of Phu Yen in the near future.
Investments in Vietnam by businesses from the Republic of Korea (RoK) in the first six months of this year rose 82.2% year on year, said a report on the Sai Gon Giai phong newspaper.