Vietnam is willing to create favourable conditions for foreign companies, including those from the US, to invest and expand business and production in the country, said Vice Chairman of the National Assembly Phung Quoc Hien.
One year after failing to enter the Morgan Stanley Capital International (MSCI)’s watchlist for a market status upgrade, it is still uncertain if Vietnam will make it this year despite efforts made to improve market conditions.
As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.
As Vietnam’s cities and provinces are stepping up plans to realize the smart city dream, foreign tech giants are rushing with new ambitious business plans to seize the opportunities.
Vietnam is the biggest beneficiary in the shift of the investment flow from China amidst the Sino-American trade war, according to Maybank Kim Eng senior economist Chua Hak Bin.
Vietnam’s real estate market became the second most attractive investment field for foreign investors after it lured 1.1 billion USD in foreign direct investment (FDI) during January-April, or 7.5 percent of the total FDI inflow just behind the manufacturing and processing sector.
A circular amending and supplementing several provisions of Circular 32/2013/TT-NHNN guiding the implementation of regulations on restricting the use of foreign currencies in the territory of Vietnam became effective on May 13.
Only investors from China have shown willingness to implement the north-south high-speed railway, sparking concern among National Assembly’s deputies, according to MOT.
The Vietnam Securities Depository (VSD) granted new securities trading codes to 356 foreign institutional and individual investors in April.
The management board of the North-South Expressway project will issue prequalification documents to bidders of the National Highway 45-Nghi Son section of the project from May 8 to July 8, according to Cao Viet Hung, head of the board’s Planning Office.
VOV.VN - Foreign investors will be able to put down deposits and collateral in foreign currency when participating in auctions to purchase shares in State-owned enterprises next week, according to a circular issued recently by the State Bank of Vietnam.
The capital city of Hanoi has set a goal of having about 900 firms in supporting industries by late 2020, according to the municipal Department of Industry and Trade.
The northern province of Vinh Phuc has exerted various efforts towards international integration, attracting many foreign investors with high technology and helping to boost its socio-economic development.
The US-ASEAN Business Council (USABC) will remain a reliable partner of Vietnam, affirmed USABC President and CEO Alexander C. Feldman at his working session with Minister-Chairman of the Vietnamese Government Office Mai Tien Dung in Washington DC on April 11 (local time).
The property sector will continue to be a fertile ground for foreign investors, largely due to the country’s rising demands for housing as well as deeper global integration with a line-up of bilateral and multi-lateral new-generation trade pacts.
In 2019, the southern Ho Chi Minh Stock Exchange (HoSE) will work on a special mechanism that allows foreign investors to trade shares of companies that have run out of room for foreign ownership, especially investors from Thailand, Malaysia and Japan.
Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.
International companies, especially those from China and the United States, are steadily flocking into Vietnam’s increasingly lucrative solar power equipment market.
With its demographics and state of technological development, Vietnam is all set to churn out highly successful start-ups, foreign investors say.
Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country.