Foreign investors are buying into the Vietnamese resort and hotel realty market, lured by the prospect of a full market recovery, according to experts.
Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.
Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
Japanese and Vietnamese investors of The One World urban area project in the southern province of Binh Duong received in-principal approval at a ceremony in the locality on April 17.
The amended Land Law, which was passed by the Vietnamese National Assembly in January 2024, will help protect the legitimate rights and interests of investors and owners who are overseas Vietnamese (OVs), thus making the real estate market more transparent and stable, according to Nguyen Minh Duc, Vice President of the Vietnamese Community Association in the UK (VAUK).
Da Nang wants to promote cooperation with French partners in various fields, particularly tourism and port development, said Vice Chairman of the city People’s Committee Tran Chi Cuong while he received French Ambassador to Vietnam Olivier Brochet on April 10.
Vietnamese Ambassador to Italy Duong Hai Hung and Vice President of the Basilicata Confederation of Industry (Confindustria) Antonio Braia on March 28 co-chaired a meeting with businesses from Italy’s regions of Puglia and Basilicata to outline a roadmap for the establishment of relations among Vietnamese and Italian localities.
A meeting was held in Hanoi on March 27 to launch the first phase of the Vietnam - Japan joint initiative in the new era.