Opportunities

Vietnam has announced a list of eight investment projects worth roughly VND104.1 trillion (US$4.6 billion) to build sections of the Eastern North-South Expressway for 2017-2021.

Vietnamese Prime Minister Nguyen Xuan Phuc has approved an adjustment plan to build Ho Chi Minh City into a major urban hub with dynamic and sustainable development, playing a crucial role in Southeast Asia`s development.

Vietnam`s state-owned Song Da Corporation plans to raise some 2.4 trillion dong ($106 million) at its initial public offering (IPO) on the Hanoi Stock Exchange on December 25.

Authorities in the Cambodia-Laos-Vietnam (CLV) Development Triangle Area on December 18 gathered in the central province of Binh Phuoc to boost the cooperation in investment, trade and tourism.

Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam`s largest brewer, Sabeco.

Due to weak linkages between domestic enterprises, foreign markets and investors, the level of Vietnamese enterprises’ integration in global value chain remains modest. However, more chances will come as Vietnam has become the world’s spotlight in attracting FDI.

Korean and Vietnamese business executives at the Vietnam-Korea B2B Meeting held in HCM City on December 1.

Vietnam will kick off the sale of 54% of Sabeco, the country’s biggest brewer and the maker of Bia Saigon and 333 beers on December 18, in an ambitious deal the government hopes will raise at least 109 trillion VND or 5 billion USD.

Vietnam Airlines plans to launch direct flights to the United States late next year, but local experts said the air route will cause big losses for the national flag carrier.

Vietnam`s largest brewery Saigon Beer Alcohol Beverage Corp (Sabeco), has kicked off its international roadshow in Singapore on Friday, ahead of much-awaited share sales by the Vietnamese government. Participants in the gathering, however, the company did not reveal details of share sales.

Hubert Burda Media has poured US$ 14 million in Vietnam-based search engine developer Coc Coc Ltd since 2015.

The ASEAN-Hong Kong Free Trade Agreement, which is expected to be signed in the final months of this year, will inevitably open up more opportunities for China’s Hong Kong firms to boost investment and trade into Vietnam.

Samsung Electronics has expected to invest in Vietnam’s telecommunications industry after gaining significant success in the electronics production.

The real estate sector has remained among Vietnam’s most attracted industries for foreign investors, just behind manufacturing, the Foreign Investment Agency under the Ministry of Planning and Investment reported.

Cooperation in shipbuilding between Vietnam and India was the focus of discussion at a workshop jointly hosted by the Ministry of National Defence, the Vietnam Chamber of Commerce and Industry (VCCI), and the Embassy of India in Vietnam in the northern port city of Hai Phong on September 25.

Vietnamese Prime Minister Nguyen Xuan Phuc has allowed the Hanoi People’s Committee to choose the investors for a pedestrian flyover along the city’s ringroad No 2.

On September 21, the Embassy of India in Hanoi in collaboration with the Vietnam Academy of Social Sciences hosted a seminar on "Vietnam - India: Prospects for Prosperity and Partnership Relations on the 70th anniversary of the Independence Day of the Republic of India."

In order to take advantage of the industrial revolution 4.0, which focuses on Information and Technology (IT), Hanoi has prioritized implementing projects in this fields.

Currently, the majority of solar power projects in Vietnam are of small scale, not only because investors have not paid attention to this renewable energy, but also because policies related to the development of solar power are not stable.

The number of foreigners living in the West Lake always surpasses other parts of Hanoi.