News

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.

The move is expected to help the South Korean tech giant stay competitive.

South Korean firms operating in Vietnam are the best example of the strong Vietnam – South Korea relations, according to the Vietnamese prime minister.

FDI commitments in the January – July period totaled US$18.82 billion, down 6.9% year-on-year.

By fulfiling certain criteria, some foreign investors would receive special treatment, said Minister of Planning and Investment Nguyen Chi Dung.

Competition to attract FDI in Southeast Asia would be fiercer in the coming time.

This is the right time for Vietnam to adopt a selective approach in attracting FDI inflows to better meet its needs, said Deputy Prime Minister Pham Binh Minh.

The 3.5GW La Gan project is one of the first large-scale offshore wind power projects in Vietnam.

The trade ministry is studying the Electricity Law to make clear the scope of investment of the state and the private sector in the energy industry.

Growing Chinese investment to Vietnam could turn the Southeast Asian country into a transshipment point for China to reroute its exports to a third country.

Nine of the companies are small and medium enterprises (SMEs) and six of large scale.