As many as 500 domestic and foreign delegates are expected to attend a conference to promote investment in the Mekong Delta city of Can Tho, which is slated for August 10, 2018.

The Management Board of Hoa Lac Hi-Tech Park (HHTP), based in Hanoi, will press on with improving its investment environment to attract more funding.

The central province of Thua Thien-Hue attracted 11 investment projects worth nearly VND2 trillion (US$87.5 million) in the first five months of 2018.

Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow. 

Vietnam is regarded by foreign investors as a top ASEAN destination to explore investment opportunities via mergers and acquisitions (M&A), heard a recent seminar on ASEAN M&A in Ho Chi Minh City.

Global footwear brands like Adidas, Nike and Puma are increasingly turning to Vietnam for their manufacturing needs due to its affordable labour costs and free trade agreements.

The central province of Binh Dinh introduced its potential and advantages to businesses of the Republic of Korea (RoK) on May 28 with a view to attracting investment from this Northeast Asian nation.

VOV.VN - More than 400 delegates attended an investment promotion conference in Pleiku, Gia Lai on May 28, to foster investment cooperation between Central Highland Gia Lai province and Ho Chi Minh City.

The capital city of Hanoi attracted US$860 million in foreign direct investment (FDI) in the first five months of 2018, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.

The increasing numbers of visitor to northeastern Quang Ninh province’s Ha Long city in recent years creates excellent opportunities for investment deals, especially in boutique shophouses – a real estate model combining mini hotels and shophouses.

Representatives of Vietnamese and Dutch enterprises operating in innovation and smart city development, water treatment and waste management in central Da Nang city gathered for a workshop on responsible investment  in the locality on May 25. 

The Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects.

The Vietnamese Government always creates favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), to invest and expand operation in the country, said Minister and Chairman of the Office of the Government Mai Tien Dung.

Indonesian ride-hailing app Go-Jek will spend US$500 million to expand its operation to Thailand, Vietnam, Singapore and the Philippines in the next few months, it said on May 24. 

Laguna Lang Co, one of Asia’s largest integrated resorts with international hospitality operator Banyan Tree as its managing partner, has officially got a casino licence from the Vietnamese government, marking it the first casino license in recent 10 years in Vietnam.

Deputy Prime Minister Vuong Dinh Hue on May 24 asked the Ministry of Health, Ministry of Education and Training, and Ministry of Culture, Sports and Tourism to quickly address their slow disbursement of public investment.

Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.

The Mekong Delta province of Tra Vinh aims to have 4,000 enterprises by 2020, with more than 30% and 15% of them owned by woman and ethnic minority people, respectively, heard a conference in the locality on May 23. 

Switzerland’s Sowareen Solutions AG has just proposed to build a finance and insurance centre at Van Don Special Administrative-Economic Zone (SAEZ) in the northern province of Quang Ninh.

Vietnam Oil Corporation (PV Oil) has released the names of four competitors meeting the criteria to join the auction to become its strategic investor, two of whom are foreign investors from the Republic of Korea and Japan.

Vietnamese lender Techcombank will list its shares on the Ho Chi Minh Stock Exchange next month, the bank said on May 23, making it the country’s seventh biggest firm by market value.

Thai investors are expected to increase their presence in Vietnam through capital contribution and M&A deals, analysts say. This will pose a challenge for Vietnamese goods.

More than VND116 trillion (US$5.11 billion) is needed to build Long Thanh airport and upgrade Noi Bai and Tan Son Nhat airports for the 2018-2021 period, with a vision to 2025, according to the State-owned Airports Corporation of Vietnam (ACV) investment plan.

Hoa Lac Hi-tech Park granted investment certificates to four projects worth nearly VND11 trillion (US$484 million) combined in the first four months of this year, the park’s management board said on May 22.

Ho Chi Minh City is calling for investment in waterway and seaport projects.

The PetroVietnam Oil Corporation (PVOIL), an subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has selected four investors who are qualified to become strategic shareholders of the firm, PVOIL General Director Cao Hoai Duong said at a meeting with its shareholders on May 22.

Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion (US$43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?

Ho Chi Minh City is giving the priority to luring new-generation foreign direct invest (FDI) in the fields of high technology and urban development, along with FDI attraction in the four main industries and two traditional sectors.

The Republic of Korea (RoK) poured US$2.32 billion in Vietnam in the first four months of 2018, making up nearly 30% of the inflow of investment in the Southeast Asian country.

The real estate sector in the northern coastal province of Quang Ninh, which is a pillar of the economic triangle of Hanoi-Hai Phong-Quang Ninh, has become more attractive to investors thanks to the robust development of local infrastructure, according to Vice Chairman of the provincial People’s Committee Vu Van Dien.