Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
This year, due to the Covid-19 pandemic, the M&A value may decrease 51.4% year-on-year to US$3.5 billion.
IPs and EZs in Vietnam have attracted a total of 10,055 foreign-invested projects with total registered capital of nearly US$198 billion to date, 70% of which has been disbursed.
Vietnam has become one of the most vibrant and attractive renewable energy markets in Southeast Asia.
All projects financed by ODA or preferential loans from foreign donors are expected to have sufficient counterpart funds, especially those that are set to be completed in 2021.
Samsung Vice Chairman is scheduled to meet Vietnam’s Prime Minister Nguyen Xuan Phuc during the visit to discuss business and investment opportunities.
Vice Chairman of Samsung Lee Jae-yong is set to meet Prime Minister Nguyen Xuan Phuc during his trip to Vietnam.
Vietnam will actively and selectively attract foreign investments, taking high-quality, efficiency, modern technology and environmental protection as the key benchmarks.
Hanoi and two other cities in Vietnam are key markets of the Australian logistics and real estate company.
The US Chamber of Commerce (AmCham) will emphasize that trusted partners prosper together at an annual US-Vietnam Business Summit later this week.
If the project is approved by the Vietnamese government, the investor’s partners will come to Vietnam to manufacture wind turbine.
German and EU investors are very interested in the renewable energy market in Vietnam, especially in the South which has great potential in wind and biomass power.
The free trade agreement between the EU and Vietnam, which came into force on August 1, will boost mutual trade and investment cooperation.
The liquified natural gas (LNG) power complex is expected to be put into operation in the 2025-2030 period.
The power industry is still facing many challenges to meet the rising demand in Vietnam.
Vietnam is a prime candidate for the ongoing shift of value chains in Asia, said a senior executive of the French Business Confederation (MEDEF) International.
While global FDI is projected to decline by 40% year-on-year in 2020, FDI commitments to Vietnam in the first eight months dropped 13.7% year-on-year to US$19.54 billion.
Osamu Ono, CEO & managing director of Mitsubishi Power Asia Pacific, tells Hanoitimes about prospects of Vietnam’s power industry and his company’s goal to advance the country’s clean energy solutions.
FDI commitments in the January – September period totaled US$21.2 billion, down nearly 19% year-on-year.
Vietnam is home to 32,539 valid foreign direct investment (FDI) projects with registered capital of a combined US$381 billion, of which US$233 billion has been fully disbursed.
The plant, considered one of the most important projects of Hyundai, is invested with an estimated VND3.2 trillion (US$137.44 million) and able to produce 100,000 vehicles per year.