News

In addition to the ratification of new laws, Vietnam’s participation in high-standard FTAs ensures the country’s status among attractive investment destinations, Prime Minister Nguyen Xuan Phuc has said.

In addition to current incentives, Vietnam also offers tailor-made ones for hi-tech projects that help local firms further integrate into global value chains, said a senior government official.

Following the first wave of investment in the 1990s, a second wave from Taiwanese companies to Vietnam is taking place with a focus on electronics and hi-tech fields.

The overall Business Climate Index score saw a slight increase over the last three months.

The Vietnamese government hopes multinationals, including Intel, to support Vietnamese enterprises in joining global value chains.

Vietnam's startup ecosystem is thriving thanks to the market size of its economy.

Year to August 20, 1,797 new projects have been approved with total registered capital of US$9.73 billion, up 6.6% in capital and down 25.3% in the number of project year-on-year.

The ASEAN business community could be a “safe haven” as some major multilateral institutions are under pressure to reform, said Prime Minister Nguyen Xuan Phuc.

With Petrolimex share price of VND50,400 (US$2,17) apiece at the close on August 25, Eneos is set to fork out at least VND650 billion (US$28 million) to complete the deal.

The Vietnamese finance ministry expected an easing in conditions for casino projects would attract more investors in the field.

The majority of firms are looking to invest in technologies and employee’s skill development during the Covid-19 pandemic.

State firms that have completed the privatization process are expected to float shares on local bourses and create space for more foreign investors to invest in the local stock market.

The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues.

Covid-19 has navigated the restructure in the global supply chains and initiated new opportunities for the partnership, and Vietnam and India are no exception.

The establishment of this venture in the midst of the Covid-19 pandemic is testament to Vietnam’s exciting growth story, stated the firm’s senior executive.

The escalating tension between the US and China is diverting Japanese investment to Southeast Asia, with Vietnam being one of the favorite destinations.

VinaCapital led a consortium to obtain a significant minority stake along with a board seat in the Thu Cuc hospital chain.

A low-cost labor force, stable political environment and one of the world’s fastest growing economies have been appealing features making Vietnam an attractive investment destination.

Once completed, the high-speed railway would help reduce travel time from Hanoi to Ho Chi Minh City to around five hours and 20 minutes.

Vietnam and Japan would discuss the reopening of commercial flights between the two countries.