Investment

The Civil Aviation Administration of Vietnam (CAAV) has recently submitted to the Ministry of Transport a plan to upgrade three international airports near Vietnam’s top tourist destinations from now to 2020 with a total cost of over VND23.3 trillion (US$1.03 billion).

Vietnamese women entrepreneurs taking part in the annual Global Entrepreneurship Summit (GES) from November 28 – 30 in India, are expected to create “goods and services to change society” – which is also the main theme of this Summit.

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.

The Ministry of Agriculture and Rural Development has approved a national product development plan on high-quality Vietnamese coffee.

To improve Hanoi’s image, city authorities earlier this year set themselves an ambitious task of becoming a ‘wireless city’ to remove the eyesores.

After coming to effect, the EU – Vietnam Free Trade Agreement (EVFTA) is expected to have a big impact to Vietnam’s macro economy, as well as each economic components, including the transport sector.

Vietnam`s National Assembly, the country`s top legislature, on Friday approved a resolution on piloting special mechanisms and policies for the development of Ho Chi Minh City.

Mergers & Acquisitions (M&A) activities in Vietnam has become an attractive investment channel for enterprises planning to expand business activities, as well as looking for new way of doing business.

Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year.

According to a Taiwanese official, several Taiwanese firms (China) plan to explore more investment opportunities in Binh Duong southern province of Vietnam.

Vietnam needs to mobilize a large amount of private capital, especially foreign sources, for infrastructural development as the sector has remained weak despite improvements in the past many years.

Vietnamese stocks have taken off in November -- with the benchmark VN Index rising almost 10 percent -- as foreign investors rushed to expand their footprints in the fast-expanding Southeast Asian economy.

Vietnam needs to mobilize a large amount of private capital, especially foreign sources, for infrastructural development as the sector has remained weak despite improvements in the past many years.

The Office of Hanoi People’s Committee has recently issued Official Letter 10864/VP-KT, requesting city’s relevant agencies, units and sectors to build tourism, trade and investment promotion plan and program for 2018.

Binh Phuoc southern province of Vietnam has recently announced that it has approved an investment plan for a 54 million USD solar power plant project funded by Indian Tata Power Company.

The Ministry of Planning and Investment is drafting the foreign direct investment (FDI) strategy for 2018-2023 to fully capitalize on the capital source in the new stage.

Hotel chain Hilton continues its expansion in Vietnam with the signing of management agreements for a Double Tree by Hilton hotel in Vung Tau and a Hilton Garden Inn hotel in Ho Chi Minh City.

A high-level trade mission from the US state of Idaho has recently visited Ho Chi Minh City to promote trade and investment activities in Vietnam and the southern economic hub in particular.

Vietnam market has started to attract entertainment companies in Asia, especially Korea, industry insiders have said.

The Ba Ria-Vung Tau Province targets to attract US$4 billion worth of foreign direct investment (FDI) in 80 projects for 2017-2020.