Investment

Cities and provinces in Vietnam are developing plans to become smart cities, thus bringing in huge opportunities for multinational corporations.

The company has yet to succeed in selling stake to strategic investors.

The airline remains bullish about serving one of the most dynamic, fastest-growing economies in Asia.

South Korea takes the lead among Vietnam’s investors with US$60 billion as of 2018 with the operations of giant corporations namely Samsung, LG, Hyundai Motor, SK, Lotte, POSCO, CJ, Hanwha, LH Corp, Shinhan, Kumho, and Hyosung.

In 2017, Phuoc Tich ancient village welcomed nearly 2,700 tourists. By 2020, Thua Thien-Hue aims to restore a total of 25 “nha ruong” (wooden houses) in the village.

Vietnam`s industrial parks and economic zones remained the country`s magnet in attracting foreign investment.

Experts said that the government and domestic firms must take actions against Chinese firms, which ship their unfinished products to Vietnam and then export them to the US through a Vietnam-based firm as an intermediary to avoid tariffs.

The government will intensify inspections over not only all SOEs and state-funded projects, but also over the heads of these enterprises about how they have obeyed state regulations about privatization and divestment.

Investors pledged to pour an amount of US$7.8 million into startups in Techfest 2018, compared to US$4.5 million in 2017 and US$3 million in 2016.

Reports showed that Vietnam has lagged behind other countries in the region in terms of foreign investors’ technology transfer to domestic firms.

The Asia Pacific region has the highest climate smart investment potential of any region in the world, representing by far the biggest opportunity in green buildings, estimated at a US$17.8 trillion opportunity by 2030.

With market capitalization of nearly VND2.15 trillion (US$92.98 million), Song Hong Garment has become Vietnam’s second largest garment company in terms of market capitalization.

Many foreign investors are showing increasing interest in Vietnam and want to enter the market through M&A.

Vietnam reportedly has fewer auto part producers than Malaysia and Thailand, which have 385 units and 2,500 units respectively.

Foreign buyers accounted for 50% of all successful residential deals, meaning that they are not merely entering Vietnam to set up operations but they are committed to keeping their money here.

The move marked the biggest financing for an online education company in Southeast Asia.

Between now to 2030, Vietnam needs to raise another US$150 billion for its power sector.

The group aims to increase market share in Vietnam to more than 50% in the next five years.

Vietnam needs about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including around eleven power plants with total capacity of 13,200 MW and about 1,380 km of highway.

Vietnam’s commitment to reducing its reliance on coal-fired power and to dealing with environmental issues has resulted in an increased focus on investment in the renewable-energy sector.