Opportunities

The new circular from the Ministry of Finance, providing guidance on trading rules for unlisted securities, is expected to improve the transparency of public companies and better protect investors` interests.

European investors are eyeing further investments in Vietnam, the Ambassador and Head of the European Union (EU) Delegation to the country, Bruno Angelet said.

A favourable investment climate is putting Vietnam on the radar of many transnational corporations drawn by tariff perks, cheap labour and political stability.

Vietnam’s deeper integration into ASEAN is bringing the country golden opportunities in the real estate sector.

DC Developing Markets Strategies and Norges Bank Investment Management, both under the management of Dragon Capital, have announced they will buy additional shares in Vinamilk.

The Vietnam Chamber of Commerce and Industry organised a Vietnam - Eurasian Economic Union business forum in Hanoi on November 25 to help the two sides’ businesses study the markets and seek investment opportunities.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, as of mid-October, Vietnamese enterprises invested a total capital of 625.4 million USD outside Vietnam.

Vietnam`s agriculture sector must reform its production and business structure to attract more foreign direct investment (FDI) and develop further when the Trans-Pacific Partnership (TPP) deal comes into effect.

Vietnam will reform the structure of export goods and increase quality of export products to strive for sustainable exports and increase its value by this year-end and beyond.

Recent positive movements in Vietnam’s investment-business climate are expected to make the country more attractive to the global business community.

So far, eight ASEAN countries, including Singapore, Malaysia, Thailand, Brunei, Indonesia, the Philippines, Laos, and Cambodia have been running 2,681 investment projects worth 56.32 billion USD in Vietnam, accounting for over 20% of total registered capital in the country.

Vietnamese coffee and investment opportunities in the industry were introduced at the 15th Seoul International Café Show, which wrapped up in the Republic of Korea on November 15.

The central city of Da Nang organised an investment promotion week for 15 members of the Japanese Business Association (Keidanren), and 120 other Japanese businesses, in Japan from November 9 to November 12.

During the talk with Minister of Agriculture and Rural Development Cao Duc Phat in Hanoi on November 9, Danish Minister of Environment and Food Eva Kjer Hansen said most of more than 130 Danish businesses invested in Vietnam are looking forward to expanding further investments.

In light of the launch of ASEAN, US-based Franklin Templeton Emerging Markets Group, which trades on the New York Stock Exchange, has announced plans to invest US$3 billion in the country’s logistics, restaurant and services industries.

Vietnam should increase supply of spare parts for foreign direct investment (FDI) producers, thus increasing added value and GDP, Chairman of the Vietnam Electronics Industries Association Luu Hoang Long suggested at the recent conference on connecting supply chain for support products held in Hanoi.

A delegation of the Japan Chamber of Commerce and Industry (JCCI) on October 28 made a field trip to the northern province of Vinh Phuc to scope out investment environment in the locality.

At the seminar on opportunities, challenges brought about by Vietnam-EU free trade agreement (FTA) in HCM City on October 26, the Vietnamese Foreign Ministry inked a Memorandum of Understanding on cooperation with the European Chamber of Commerce in Vietnam and the EU – Vietnam Business Network.

Speaking at a Czech – Vietnamese business forum held in Hanoi on October 23, Stanislav Kazecky, Vice President of the Confederation of Industry of the Czech Republic affirmed his country hopes to expand links with Vietnamese enterprises, especially in energy, automobile manufacturing, waste water treatment, oil refinery and healthcare.

Global investment management firm Franklin Templeton Investments plans to invest some US$3 billion in different sectors in Viet Nam over the next five years.