Investment

Vietnam stands firm as a safe, attractive, and high potential investment option for foreign investors in 2022, said Minister of Planning and Investment Nguyen Chi Dung.

This pharmaceutical park is expected to be a strategic lever to turn Vietnam into a leading pharmaceutical research, development and production base in Southeast Asia.

The latest move would bring the total capital commitment of the South Korean giant to $19.2 billion, reaffirming its status as the largest foreign investor in Vietnam.

The goal would be to fully disburse 100% of the allocated funds in 2022 with high quality and efficiency.

With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.

The latest purchase put Phuc Long’s valuation at $355 million.

The project, invested by An Phat Holdings, is considered the largest green materials factory in Southeast Asia.

With such sluggish construction progress, Long Thanh International Airport may not be able to become operational by 2025 as planned.

European companies ended 2021 more positive and optimistic about the trade and investment environment in Vietnam.

As part of the Dialogue, a round-table will be held in June bringing together Vietnamese and Australian businesses to discuss economic opportunities.

The funding will help HDBank increase lending to retail and small and medium enterprises (SMEs), including women-owned or -led ones.

The new fund will focus on developing modern and environmentally-friendly logistics facilities in Hanoi and Ho Chi Minh City.

Vietnam remains an attractive market in the eyes of investors with clear advantages such as a quality workforce and a large domestic market of high potential.

The total investment capital of the beverage company has exceeded US$1 billion.

The estimated cost for all three stages of the project is 5.5 trillion won (US$5.18 billion).

Construction is set to begin in the second half of 2022 and production is due to start during 2024.

Following its US debut at the 2021 LA Auto Show, VinFast is taking important steps towards a sustainable future of mobility.

Singapore was Vietnam’s largest investor in 2021 with registered capital of U$10.7 billion or 34.4% of the total newly registered FDI projects.

The Vietnamese creative startup ecosystem is drawing an increasingly active participation.

The project is set to proceed under the public-private partnership (PPP).