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KIDO Group eliminates foreign ownership cap

KIDO Group eliminates foreign ownership cap

Food producer KIDO Group has raised its foreign ownership cap from 49% to 100%, according to a proposal approved recently by the State Securities Commission (SSC).

Foreign funds flow back to banking

Foreign funds flow back to banking

The banking sector has been on the recovery path after a tough time struggling with bad debt (2012-2014), especially since 2016. This comeback has been assisted by foreign investors in local banks.

Foreign investors optimize Vietnam’s beverage market

Foreign investors optimize Vietnam’s beverage market

During a recent meeting with Prime Minister Nguyen Xuan Phuc in Hanoi, Calin Dragan, director of Coca-Cola’s Bottling Investments Group in Southeast Asia and the Middle East, said that Coca-Cola is to build a US$300 million facility in the north of Vietnam.

Foreign investors bet big on Vietnamese firms

Foreign investors bet big on Vietnamese firms

The number of foreign investors, who contribute capital or acquire shares in Vietnamese firms, is surging rapidly, given by the firms’ high growth prospects and the government’s effective actions in improving the country’s business and investment environment.

Domestic retailers strive to gain competitive edge

Domestic retailers strive to gain competitive edge

Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.

Foreign investors set sights on Vietnam’s seaports

Foreign investors set sights on Vietnam’s seaports

Vietnam’s rapidly growing trade and production have pushed the cargo volume through the country’s seaports to rise by 20%-30% per annum, making port projects appealing to foreign investors.

Prime Minister meets Indonesian business leaders

Prime Minister meets Indonesian business leaders

Prime Minister Nguyen Xuan Phuc pledged to create the best possible conditions for foreign investors, including those from Indonesia, during his meetings with leaders of Ciputra Group and PT Nikko Sekuritas Indonesia in Bali, Indonesia, on October 12.

Dong Nai attracts nearly US$1.3 billion in FDI in nine months

Dong Nai attracts nearly US$1.3 billion in FDI in nine months

Nearly US$1.3 billion in foreign direct investment (FDI) landed in the southern province of Dong Nai in the first nine months of 2018, 30% surpassing the yearly target, according to the provincial Department of Planning and Investment.

Dak Lak’s wind power potential attracts investors

Dak Lak’s wind power potential attracts investors

Tens of Vietnamese and foreign investors are asking for permission to survey the wind power potential in the Central Highlands province of Dak Lak to build wind power plants here, according to a local official.

Dong Nai steps up effort to lure foreign investors

Dong Nai steps up effort to lure foreign investors

To be a top destination for foreign investors, the southern province of Dong Nai has accelerated public administrative reforms and facilitated foreigners doing business in the province.

International cooperation crucial for startup development

International cooperation crucial for startup development

The startup culture in Vietnam has taken off in recent years, with foreign venture capital now five times higher than that by domestic players. Thus, it is important to note that international cooperation is crucial to bolstering startup innovation in the country.