Ho Chi Minh City is leading the country in the number of foreign travelers, amounting to 50% of the total to Vietnam. However, it lags behind other localities in the development of hotels. 

 A host of investment opportunities awaits developers in Ho Chi Minh City where authorities plan to develop underground spaces.

Despite recent drops in the VN-Index, Vietnam is still seen as a major destination for mergers and acquisitions in Asia.

The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Vietnam since 2007, reports from the ministry showed.

The People’s Committee of the northern province of Hai Duong recently granted approval for the investment of a waste-to-electricity plant in Luong Dien commune, Cam Giang district.

Japanese real estate investors are moving towards an increasing presence in a range of large-scale projects in Vietnam.

Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20% equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.

Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.

The southern province of Binh Duong has called for more investment for the construction of a provincial wharf which will help to facilitate operations in local industrial and processing zones, said Chairman of the provincial People’s Committee Tran Thanh Liem.

Vina-Japan Shirogane Logistics Company Ltd on July 19 broke ground for a US$5.4 million logistics centre at the Phu My 3 Specialised Industrial Park in the southern province of Ba Ria–Vung Tau.