Investment

One third of US companies operating in China are considering relocating their production facilities abroad, and Vietnam is one of their top destinations.

Vietnam is still at a low level of automation compared with other countries in Southeast Asia, including Malaysia and Thailand.

The company, nonetheless, remains interested in operating a low-cost airline in Vietnam due to its favorable geographical location, expanding aviation market and overall growth potential.

According to experts, the shift of this investment capital flow is aimed to catch up with huge opportunities from the CPTPP and the Regional Comprehensive Economic Partnership (RCEP).

Thanks to Vietnam’s favorable business environment, Home Credit has decided to expand its investments in the country, said its executive chairman.

Foreign players prefer this M&A as it can help them rapidly step in the Vietnamese market.

Marubeni’s strong business growth in Vietnam is an evidence of the comprehensive and substantial Vietnam – Japan relations.

British Ambassador to Vietnam Gareth Ward said that Hanoi has done a good job to preserve the unique feel of the center.

So far, more than 63% of the workload has been completed, and the rate will reach 80% by the end of this year.

With a par value of VND10,000 (US$0.43), the total value of the share amount in subject is VND14.18 trillion (US$611.64 million).

The global investment firm proposed mobilizing capital for the project under the form of sale-and-leaseback, VietnamFinance reported.

The train would run from Hanoi to Ho Chi Minh City in less than seven hours, far shorter than the current travel time of 30-plus hours.

The agreements were signed in the frame of Dutch Prime Minister Mark Rutte`s visit to Vietnam this week.

Asia Group and other US companies want to know more about Vietnam’s investment environment and policies, as well as the country’s development strategy.

Compal Group expects exports from its current assembly plant in Vietnam in 2019 is US$500 million.

Solar power could be considered an important instrument for Vietnam to fulfill the sustainable development goals.

The municipal People’s Committee proposed an increase of capital expenditure from VND29,019 billion (US$1.24 billion) to VND30,992 billion (US$1.33 billion).

The plant, the first of its kind in Vietnam, targets to develop a 1-million-ton ethylene cracker with a flexible gas and naphtha feed, creating an olefin capacity of 1.6 million tons per year.

Retail is attractive for investors as the industry has advantages after foreign wholly-owned retail firms have been allowed to set up in Vietnam and taxes imposed on most of goods imported from other ASEAN countries to Vietnam are exempted under the ASEAN Common Trade Area.

UAE is one of Vietnam’s top partners in investment, trade and labor export in the Middle East.