Investment

A series of licensed and agreed in-principle renewable energy projects of foreign investors have contributed significantly to the country’s total FDI inflow this year.

Many foreign firms have continued enlarging their business and production operations in Vietnam as they forecast a rosy outlook in the market.

IFC’s investment in Altus Capital will enable the company to set up a regional facility to invest in the Philippines, Thailand, Indonesia, and Vietnam, the latter two being nascent markets for distressed asset recovery.

Vietnamese fashion market has allured many foreign brands and some of which have decided to acquire local clothing companies to enable them enter the potential market as soon as possible.

Samsung’s success reflects a strong relation between South Korea and Vietnam.

The Vietnamese government has paid much attention to investing and upgrading Noi Bai International Airport to meet the socio-economic development.

Though Vietnam has more opportunities to promote exports thanks to tariff reduction in new-generation free trade agreements (FTA), the country, in return, also has to offer foreign invested enterprises more rights under the deals’ commitments.

Foreign beverage producers are expanding footprint in Vietnam to capitalize high growth potentials of the estimated US$4 billion market.

Being developed in central Khanh Hoa province, the project has been approved by EVN (Vietnam Electricity), the country`s sole electricity distributor, for 60 MW and is expected to generate 106,000 MWh of electricity per year, once commissioned.

By 2020, Coca-Cola plans to open a fifth plant in Ho Chi Minh City.

With more people than ever flying, cities around the world are building new airports and upgrading old terminals to create facilities capable of handling tens of millions of passengers.

The Ministry of Industry and Trade (MoIT) is scrutinizing a plan to exempt special consumption tax on locally produced auto parts in a move to promote domestic auto manufacturing and build up a supply chain for the industry.

The digital economy is creating opportunities for Vietnamese firms, which apply technology in their operations, to attract big inflows from venture investments funds, experts said.

The buyer would have to purchase the entire amount at the minimum of VND2 trillion (US$85.65 million), for which the starting price for each share is VND21,300 (US$0.91).

Foreign direct and indirect investment inflow to Vietnam has still maintained growth though many other Asian markets have suffered a significant capital withdrawal in the wake of the US Treasury’s interest rate hikes.

It is the first major business decision after Lotte Chairman Shin Dong-bin was released from jail following an appeals trial, South Korean media reported.

The project is part of Ho Chi Minh City smart-tourism development strategy program.

Investment from the EU to Vietnam is expected to surge in the time to come as many European firms are showing their interest in the market while the Vietnamese government is also boosting plans to attract more capital from the important partner.

Vietnamese people spend around US$3 billion on overseas education annually.

Upon completion of the proposed acquisition, Vietnam Securities Corporation (VSEC) will become a wholly-owned subsidiary of RHB Investment Bank.