Investment

In the past three months Oyo has opened 90 hotels with 1,500 rooms in six cities in Vietnam.

The investment from Japan in the Vietnamese infrastructure is forecast to surge in the coming time, according to a JBIC official.

Eased business conditions and skilled workforce have enabled Vietnam to compete with leading regional rivals.

It is good for Vietnam to get foreign investment in its fintech sector as support in technology, experience and capital from global major foreign financial groups will help local firms further develop.

In 2018, Japan remained Hanoi’s largest investor and is projected to maintain the top spot in 2019.

Prime Minister Nguyen Xuan Phuc urged Japanese investors to take advantage of Vietnam’s membership of the Comprehensive and Progressive Trans – Pacific Partnership (CPTPP), and recently, the EU – Vietnam Free Trade Agreement (EVFTA).

The signing of the two agreements in Hanoi on June 30 marked another milestone in the relationship between Vietnam and the 28-nation bloc after nine years of wait.

According to the Vietnam Logistics Business Association, Vietnam’s logistics market has grown by about 12-14 percent annually in recent years.

Vietnam is positioning itself effectively in the changing landscape of regional and global value chains, said President of ADB.

The startup company would allow users to round-up everyday purchases and pool their spare change to invest in equities, bonds and other securities.

Japanese companies with abundant expertise in many fields such as banking, insurance, construction, logistics, accounting, graphic design, among others, are expected to have greater opportunities in Vietnam’s market.

Following the agreement, Auchan would hand over its 18 super markets and e-commerce platform to Saigon Co.op.

Infrastructure development is a long-term business and which not only needs good, transparent and rapid decision-making mechanism for a project to start, but also the one where unexpected behavior changes in either the state or the corporate partner can have dire consequences, according to experts.

The Ho Chi Minh City store, which opened in 2016, will be expanded to carry more items for families, while another outlet in Vietnam is on the cards.

The disbursement rate in the first six months of 2019 is only 2.7% of the investment plan for 2019.

Kasikornbank subsidiary KVision had earmarked US$245 million to invest in Thai and foreign startups, particularly those in Vietnam.

FDI commitments in the January – June period totaled US$18.47 billion, down 9.2% year-on-year.

Taking into account the potential sale of 108 SOEs in the list, SCIC’s revenue in 2019 could reach VND21.6 trillion (US$934.55 million).

Samsung repeatedly affirmed that Vietnam is its largest global strategic base not only for production but also for research and development.

Vice Chairman of Hanoi People’s Committee Nguyen The Hung asked the investor and the contractor to gear up the construction progress to finish it two months ahead of schedule, June 2020.