Chinese enterprises are eyeing to expand their business and investment in the Association of Southeast Asian Nations (ASEAN), in which Vietnam is considered one of the most attractive destinations.

Hanoi lured more than US$6.17 billion in foreign direct investment (FDI) in the first seven months of 2018, making it the leading FDI attractor of the country, accounting for 26.9% of total FDI commitments in the period.

Many private investors are willing to pour money into aviation infrastructure, though the business field requires huge capital and a long time to recover capital.

Japanese enterprises are entering the Vietnamese market gradually by buying into Vietnamese enterprises and cementing their positions in business fields with stable growth.

The Mekong Delta city of Can Tho will hold an investment promotion conference on August 10, inviting investors for 54 projects worth nearly VND124 trillion (US$5.44 billion). 

The southern economic hub of Ho Chi Minh City attracted more US$4.69 billion in foreign direct investment (FDI) in the first seven months of 2018, a year-on-year rise of 70.5%.

The Mekong Delta province of Tien Giang plans to attract investment of nearly VND16.4 trillion (US$713 million) for 19 projects at a conference in its capital, My Tho, on August 9.

Vietnam’s industrial real estate market has been becoming a magnet for foreign direct investment (FDI) enterprises thanks to robust growth of macro-economy.

Vietnam’s agriculture sector, from production to exports, has developed impressively in recent times, but its progress is still yet to meet its full potential.

President Tran Dai Quang hosted a reception in Hanoi on July 31 for a delegation from the Japan-Vietnam Economic Committee under the Japan Business Federation (Keidanren), the largest economic organisation in Japan with 1,340 companies, 109 industrial associations, and 49 regional economic organisations.