Japanese businesses have been working with Vietnamese partners in technology transfer and equipment manufacturing, as well as increasing investments in precision mechanics.
Retail chains specializing in products for mothers and children now have to compete with private shops and vendors, whose low cost is a great advantage.
The massive increase in the number of M&A deals involving foreign investors is putting pressure on Vietnam’s plastics industry.
Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.
The southern province of Ba Ria – Vung Tau is taking measures to attract investors to local industrial parks (IPs).
VOV.VN - The Republic of Korea leads the way among countries and territories investing in the southern province of Dong Nai with nearly 400 businesses and a total registered capital of around US$5.6 billion, according to the provincial People’s Committee.
The total value of foreign and domestic investments in industrial and economic zones nationwide fell slightly in the first half of 2018.
The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.
The southern province of Kien Giang has listed three projects in Phu Quoc island district that are in urgent need of investment in order to call for investors.
The foreign direct investment (FDI) picture in the first half of 2018 has kept the black spot of technology transfer despite capital inflows increasing against last year.
Kyoei Steel has registered buying an additional two million shares in Vietnam Italy Steel JSC (VIS), showing that the company has not given up on its ambitions to acquire VIS.
VOV.VN - ESMO (formerly NEXEN TECH) has just started construction of ESMO VINA - its first wiring harness factory in Vietnam, covering an area of 63,500 m2 with a total investment of VND700 billion.
Trung Nam Solar Power JSC, a member of Trung Nam Group, on July 7 kicked off construction of a VND5 trillion (US$216.5 million) solar power plant in Thuan Bac district, the south-central coastal province of Ninh Thuan.
Construction work started on the country’s most modern poultry processing plant in the north central province of Thanh Hoa on July 6.
An investment promotion workshop was held in Singapore on July 6 to introduce the strengths, policies, and opportunities of the central province of Quang Binh to Singaporean investors.
The Central Highlands province of Dak Lak has attracted dozens of projects with a large amount of investment, thereby helping to foster the locality’s socio-economic development, said a local official.
The northern province of Ha Nam has been striving to lure more investment with a series of measures, according to Nguyen Van Oang, Director of the provincial Department of Planning and Investment.
The United Kingdom (UK) wants to boost its investment in Ho Chi Minh City, especially in the fields of planning, project management and smart urban development, said Baroness Fairhead, Minister of State for Trade and Export Promotion at the UK Department for International Trade.
Nearly VND5 trillion (US$216.5 million) will be invested in building a solar power plant in the south-central coastal province of Ninh Thuan.
Da Nang is prepared to create favourable conditions for the Republic of Korea (RoK) to build a consulate office in the city while attracting Korean investors and tourists.