Investment

Kim Dong Hwan, Samsung Vietnam`s (SEV) deputy general director said that the increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help SEV reduce its production costs, but also develop the country’s auxiliary industry.

Executives from 20 companies based in South Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities

South Korea’s Hyosung Group is seeking a foothold in the Japanese market and the rest of the world through Vietnam.

The northern port city of Hai Phong is calling for investment in infrastructure projects worth billion dollars.

Foreign direct investment (FDI) registered in Vietnam hit a new record US$33.09 billion in the 11 months of this year, up 82.8 percent year-on-year.

National Assembly Chairwoman Nguyen Thi Kim Ngan welcomed mining group Alcoa and ship-builder Austal to invest in Vietnam during her meeting with the two companies’ executives in Perth on December 1.

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

Lotte Duty Free, travel retail arm of South Korean conglomerate Lotte Group, has announced it will open a second outlet in Vietnam in 2018 as foreign holidaymakers rush to the Southeast Asian country, Korean media reported.

As Vincom Retail raised 740 million USD in Vietnam’s largest ever equity deal, the shopping mall operator under Vietnam’s leading property developer Vingroup has been honored by the FinanceAsia magazine as “The Best Private Equity Deal” in 2017.

Several Finnish businesses have expressed their desire to work with Vietnam Waste Solutions Co., Ltd. (VWS) in converting waste into renewable energy during their recent trip to VWS’s Ho Chi Minh City-based Da Phuoc waste treatment complex.

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.

Business Forum Italy Vietnam was yesterday held for Vietnamese and Italian entrepreneurs to share investment and cooperation opportunities in Vietnam.

Considered as one of the countries with high attraction for Foreign Direct Investment (FDI) investment, however, FDI from Europe to Vietnam has not increased as expected.

Vietnam will issue more incentive policies and work alongside the Vietnamese Government to facilitate the operation of foreign investors, including those from Singapore, in the country, said NA Chairwoman Nguyen Thi Kim Ngan.

Foreign direct investment (FDI) in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent.

Not only in single deal, but many big corporations have spent heavily in a series of Mergers & Acquisitions (M&A) in combining with direct investments to acquire leading enterprises in Vietnam in various fields with high potential such as real estate, retail and consumer goods.

​The Ho Chi Minh City exchange is humming, buoyed by a strong economy and state asset sales.

​ According to the Foreign Investment Agency of the Ministry of Planning & Investment, Vietnam received an estimated $16 billion in foreign direct investment (FDI) in the first 11 months of this year, up 11.9 percent from the same period in 2016.

Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman said, as the government moves closer to finalizing a stake sale in the $9 billion maker of Bia Saigon and 333 brews.

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.