Investment

The Ministry of Transport estimated that the total capital for developing the transport infrastructure in the country for 2018-2023 is estimated at roughly (US$48 billion).

Private investors would pour money into the purchase, operation, and maintenance of trains as a way to share the government’s loan burden.

Approximately 50-60 percent of total FDI firms reported losses, meaning they didn’t have to pay CIT, while revenues from the FDI sector had been growing strongly.

The move would open up the company to further investments from foreign investors.

The deal marked the first direct financial investment of the Australian group in Vietnam, and is a step closer towards establishing a comprehensive and sustainable supply chain in the country.

The deal is reportedly worth VND2.27 trillion (US$101 million), for which Arnolis Investment will hold an 8.87% stake of Masan Group, or an equivalent of 103.15 million shares, according to the Ho Chi Minh Stock Exchange (HoSE).

Mitsubishi considers Vietnam a very important market in Southeast Asia.

The law, which features eight amendments to the Competition Law 2004, respects business rights and maintain state management at a reasonable level to ensure healthy competition.

The committee, which began operations in October 2018 with 19 state-owned enterprises (SOEs) having total assets worth VND2,300 trillion (US$100 billion), is expected to make significant breakthroughs in the members’ operations and attract more investment inflows into its members.

The project is expected to build a wooden exhibition house and a painting process demonstration area, service area, etc.

The group wants to invest in Vietnamese private corporations and state-owned enterprises subject to privatization, while considering plan to build a national innovation center in Vietnam, the government portal reported.

Andy Ho, managing director and chief investment officer of VinaCapital, said Vietnam has a lot of great businesses to invest in and the economy is stable and growing.

New data from a EuroCham survey has revealed that European business leaders remain positive about doing business in Vietnam.

The transaction has generated double profit for PENM III Germany with share price of VND41,000 (US$1.76) apiece.

Currently, the city sees retail inventory of 1.07 million sq.m with shopping center takes the lead (968,400 sq.m), followed by retail podium (86,700 sq.m), and department store (18,000 sq.m).

Vingroup has added Vien Thong A as its subsidiary in the group’s latest financial statement with 100% of voting right and 64.46% equity interest.

Capital inflow into Vietnam, including both direct and indirect foreign investment, has been increasing over the past few years.

According to the funds, though the FOL is raised to 100 percent under Decree No.60/2015/ND-CP, it still prevents foreign investors from pouring funds into the conditional business lines.

According to Phan Huu Thang, former director of the Foreign Investment Agency under the Ministry of Planning and Investment, if prompt solutions were not taken, the dark side of FDI money would possibly outweigh the bright side.

Major Vietnamese corporations said that the regulation has discouraged them from investing.