Investment

The northern province of Hung Yen is speeding up land clearance to construct three more industrial parks, Pham Thai Son, Director of the province’s Industrial Zones Management Board, said.

Deputy Prime Minister Vuong Dinh Hue received General Director of Samsung Vietnam Shim Won-hwan in Hanoi on November 16, applauding the firm’s increase of locally made components in its products.

On November 16, Idaho State`s President, Scott Bedke led a trade delegation of 15 businesses to Ho Chi Minh City for seeking opportunities for investment cooperation in Vietnam.

Vietnam is always a priority in Algeria’s policy of developing economic-trade relations in Southeast Asia, Algerian Minister of Trade Mohamed Benmeradi said while recently receiving Vietnamese Ambassador to Algeria Pham Quoc Tru and Trade Counselor Hoang Duc Nhuan.

The Ho Chi Minh City People’s Committee has asked relevant departments to tackle problems in granting house ownership certificates to overseas Vietnamese to encourage their investment into the real estate market.

​The Ministry of Industry & Trade (MoIT) announced the plan to divest the government fund from Sabeco, formally known as Saigon Beer Alcohol Beverage JSC.

The southern province of Binh Duong plans to issue a range of policies and incentives to attract investment in hi-tech industries and take advantage of the fourth industrial revolution.

Representatives from Spanish energy company Repsol on November 7 met with leaders of the Binh Son Refinery and Petrochemical Co Ltd (BSR) to seek opportunities to invest in the Dung Quat Refinery.

The Vietnamese President Tran Dai Quang and the Japanese Prime Minister Shinzo Abe witnessed the signing of cooperative programs with value up to 5 billion USD into ‘vietnam.

​Philippines` infrastructure group ramps up Southeast Asian expansion

The World Bank’s partnership with Da Nang City has expanded from basic infrastructure, to a multi-sectorial approach that emphasizes integration and coordination across institutions to obtain higher impact and sustainable development.

In the framework of APEC Economic Leaders’ Week, on November 8, the APEC CEO Summit has officially convened in Danang with theme “Creating New Dynamism, Fostering a Shared Future”.

Vietnam attracted more than 1,900 foreign direct investment (FDI) projects from Singaporean businesses in January-October, which were valued at 41.7 billion USD.

The Hanoi People’s Committee has announced that Hanoi plans to grant investment licences to several large projects throughout the rest of this year.

The Mekong Delta city of Can Tho is calling for investment in several projects worth roughly US$1 billion.

The attraction of foreign direct investment (FDI) in the southern province of Dong Nai has so far this year surpassed the US$1 billion target set for the entire 2017.

Ho Chi Minh City plans to have 23 green and high-tech export processing zones (EPZs) and industrial zones (IZs) in an area of roughly 6,000 hectares by 2020.

​One of Vietnamese leading retailer is planned to have 200 malls nationwide by 2021.

Vietnam expects to attract more investors from the United States following the official visit of US President Donald Trump to the country to attend the 2017 APEC Economic Leaders’ Week from November 6-11 in Danang.

Provinces of Quang Ninh, Kien Giang and Khanh Hoa have recently sped up the preparation for the establishment of special administrative-economic units.