Investment

Japanese investors have so far poured more than US$5.2 billion in 249 projects in the southern Binh Duong Province, Nguyen Thanh Truc, Director of the province’s Planning and Investment Department, said on October 25.

Mergers & Acquisitions (M&A) activities within the Vietnam real estate market continued to witness strong momentum in the third Quarter of 2017 with an increased number of transactions in commercial and residential sectors.

Some experts said this is the right moment for foreign investment in Vietnam to be selective with conditions, while other said the business environment itself must be improved before taking different approach toward foreign investors.

This is proposal from the Ministry of Planning & Investment (MPI) in the related upcoming Decree with regard to the Law supporting small and medium enterprises (SMEs).

APEC’s Finance Ministers have agreed on diversifying financial resources to facilitate the participation of private sectors in infrastructure investment.

Sweden’s wood materials industry sees Vietnam’s wood processing industry as a potential market for its eco-friendly, competitive and sustainable materials, speakers at a seminar said.

Payment and site clearance delay are major barriers to official development assistance (ODA)-funded projects in Vietnam, chief representative of the Japan International Cooperation Agency (JICA) in Vietnam Fujita Yasuo told at the yesterday`s press conference in Hanoi.

Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai said at a seminar held in Hanoi on October 17 that adjusting preferential policies for investment projects according to development plans in different areas is essential to attract more foreign direct investment (FDI).

As Vietnam is entering a new phase of development, the government focuses on new strategy in FDI attraction, with more attention to quality instead of quantity, as such, FDI enterprises should contribute more to the human resources training and technology transfer.

The central coastal city of Da Nang is striving to become a centre of tourism, high-quality services and high technology of Vietnam while playing a significant role in national urban development.

The municipal Customs Department on October 16 officially started piloting an automated customs management and supervision system of imported and exported goods at the Noi Bai International Airport.

SCIC is expected to announce the initial price for sale of more than 3% of shares of Vinamilk, which is expected to receive $280m in return.

Vincom Retail, the Vietnamese mall operator – a subsidiary of the Vingroup Corporation, launched on October 16 a domestic initial public offering (IPO) that could potentially become the country’s biggest-ever share sale from the private sector, with the estimated revenue of 713 million USD.

Chairman of the Da Nang City People’s Committee Huynh Duc Tho has called on enterprises and investors both at home and overseas to have open conversations with the city’s government about investment cooperation opportunities.

Central Da Nang City is calling for investment in a metro line project to connect it with its neighboring city of Quang Nam Province’s Hoi An.

The northern Bac Giang province plans to build seven new industrial parks (IPs) with total area of roughly 1,150ha from 2020 to 2030, deputy head of the province’s industrial parks management board Tran Vu Thong said.

The ASEAN-Hong Kong Free Trade Agreement, which is expected to be signed in the final months of this year, will inevitably open up more opportunities for China’s Hong Kong firms to boost investment and trade into Vietnam.

A workshop was held in Johannesburg city on October 12 to promote investment ties between Vietnam and South Africa.

On the occasion of the entrepreneurs day October 13, the Prime Minister Nguyen Xuan Phuc has had a meeting with leaders of the business associations to listen to recommendations and suggestions of enterprises.

Ho Chi Minh City, Vietnam’s biggest economic hub, on Wednesday called for investment in 133 projects at an investment promotion conference.