Investment

Vietnam`s provinces such as Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.

Over 100 provincial government officials, investors and other stakeholders have recently gathered in Ho Chi Minh City to discuss policies for the development of solar energy.

The vibrant mergers and acquisitions (M&A) market in Vietnam is expected to witness more successful M&A deals and new state divestments, which is a big opportunity for domestic and international investors.

On Nov 3, the European Union and the Danang Energy Conservation Centre hold the official launch event of the project entitled "Development of Solar Energy in Danang" (DSED).

Vietnam’s improving investment climate has made the country become an alluring destination for Japanese investors who commit to furthering investment in the Southeast Asian nation in the future.

The Chan May - Lang Co Economic Zone in the central Thua Thien – Hue province attracted 43 projects with total investment of nearly VNĐ40 trillion (US$1.76 billion) in the first ten months of the year.

Vietnam has been seen as a potential market for foreign food companies because many trademarks from the South Korea, Japan and Thailand are seeking ways to penetrate the 93 million-strong market.

Under the theme “Viet Nam: We Mean Business!”, Vietnam Business Summit is held on 7th November at Ariyana Convention Centre (ACC).

The Prime Minister has approved the proposal to support students starting up until 2025.

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on October 31 for AB InBev CEO Carlos Brito, during which he said Vietnam wants Belgian businesses to invest more in the Southeast Asian country.

The strategy stipulates government’s intervention to support enterprises to compete fair and square on a same playground.

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

Hanoi Capital sets projects to introduce businesses to the city’s preferential policies for the agricultural sector, especially hi-tech agriculture, in order to promote investment in hi-tech agriculture in the Capital.

The northeastern province of Vietnam, Quang Ninh is applying a range of measures to remove difficulties for businesses by improving investment environment and attracting social resources for local socio-economic development.

The program of Sustaining Competitive and Responsible Enterprises (SCORE) has supported for more than 140 enterprises in fields of wood processing, mechanics and garment with positive results. The program will be expanded to beneficiaries in other fields in the coming time.

Mando CEO and president Sung Il-mo along with representatives of over 80 businesses from the South Korea had a working session with authorities of Binh Duong Province on October 26 to explore investment cooperation opportunities.

Foreign direct investment (FDI) capital registered in Vietnam reached a record US$28.24 billion in the first ten months of this year, up 37.4 percent year-on-year.

Many Japanese companies have continued to choose Binh Duong to make investment, proving the attractiveness of this southern province’s investment climate to foreign investors, said Kawaue Junichi, Consul General of Japan in HCM City.

The People’s Committee of the southern Binh Duong Province has recently announced the list of 20 projects that it will give top priorities to calling for investment in the phase of 2017-2020.

Speaking at the opening ceremony at the conference “Gateway to Vietnam” with theme “Capital Market – A new driver for Vietnam’s Economic Growth” held at Ho Chi Minh city on October 25, the Deputy Prime Minister Truong Hoa Binh said Vietnam has put priority on developing capital market.