VOV.VN - An online trade conference took place on June 30 with the aim of supporting local enterprises in promoting the export of Vietnamese consumer products to the Japanese market as Vietnam moves into the post-novel coronavirus (COVID-19) period.
Vietnam recorded a year-on-year decrease of 15.1 % in foreign direct investment (FDI) inflows to US$15.67 billion as of June 20, according to the Ministry of Planning and Investment (MPI).
The northeastern province of Quang Ninh has emerged as an ideal destination for investors who want to diversify production activities and expand their supply chains outside China.
VOV.VN - The overall figure for foreign direct investment (FDI) in Vietnam for the year so far reached US$13.9 billion as of May 20, an annual decline of 17%, according to the latest figures released by the General Statistics Office.
Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.
VOV.VN - The impact of the novel coronavirus (COVID-19) pandemic poses a risk of foreign investors looking to take advantage of the economic downturn to acquire vulnerable local enterprises.
While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia.
The relations of friendship, cooperation and mutual trust between Vietnam and Tanzania are turning to a future of better and tighter cooperation, Vietnamese Ambassador to the African country Nguyen Kim Doanh told the media in a recent interview on the occasion of the 55th anniversary of the establishment of the bilateral diplomatic ties.
Foreign investors conducted a whopping 5,720 merger and acquisition (M&A) deals worth US$5.59 billion in Ho Chi Minh City this year, 4.3 times higher than the number of foreign direct investment projects in the city, according to the municipal Department of Planning and Investment.
The Ministry of Industry and Trade has said that local fuel traders may sell shares to foreign investors, but foreign ownership should be capped at 34%.
The limit for foreign investors’ ownership in Vietnamese air transport businesses will be increased to 34 percent from the current level of 30 percent, according to the Prime Minister’s decree signed recently.
Foreign investors who poured $70 million into the Mon Hue restaurant chain are suing its parent company founder, alleging fraud.
A tripartite meeting next week will try to sort out a bidding controversy that has delayed a key wastewater treatment project in Saigon.
The northern province of Vinh Phuc has been an ideal destination for investors thanks to its geographical location and preferential policies for investment attraction.
The government will invite fresh tenders with lowered criteria for the North-South Expressway from local investors next year after ruling out foreign investors.
The Vietnam Startup Day 2019 is underway in Ho Chi Minh City from August 23 – 24, attracting nearly 200 projects and hundreds of domestic and foreign investors from the US, Canada, Australia, the UK, Singapore, the Republic of Korea, Thailand, Malaysia and Nepal.
Vietnamese startup KiotViet has raised $6 million in a Series A funding round from Singaporean venture fund Jungle Ventures and Indonesian unicorn Traveloka.
Improved international regulations and standards are needed to protect the rights and welfare of migrants, including thousands of Vietnamese guest workers, speakers said at an international conference on migration and labour held in HCM City on August 3.
China approved investment projects and merger & acquisition deals worth 2.45 billion USD in the first seven months of this year, ranking third among foreign investors in Vietnam, said a Chinese official.
Vietnam’s Military Commercial JSC (MBBank) is seeking to sell a 7.5 percent stake to one or more foreign investors this year.