Things are looking up for foreign-owned investment funds in Vietnam, reflecting the attractiveness of the domestic investment environment and opening up opportunities for Vietnamese businesses to integrate more deeply into the world economy. Potential Vietnam’s financial marketplace and peer-to-peer (P2P) lending platform Tima raised US$3 million in Series B funding in early October from the […]
Read MoreWhile Hanoi and Ho Chi Minh City remain in the top positions in attracting foreign-invested capital, Haiphong overcame Ba Ria-Vung Tau to hold the third largest share in the ten months of the year so far. According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, in the […]
Read MoreBao Minh textile factory, which is invested by Bao Minh Textile (JSC and will officially go on stream in October 2018, is expected to make great contributions to apparel material supply in Vietnam. Another million-dollar dyeing textile project Officially receiving the investment certificate in late 2016 and starting construction in March 2017 on a land […]
Read MoreCommercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VND785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VND1.2 trillion with designed […]
Read MoreForeign investors pledged to pour US$27.9 billion FDI into Vietnam in the first ten months of 2018, down 1.2% compared with the same period of last year, according to the Foreign Investment Agency. Meanwhile, the disbursement of foreign direct investment (FDI) rose 6.3% year on year to US$15.1 billion, data as of October 20 showed. […]
Read MoreThe quantity of cement exported and sold in the domestic market reached 85.23 million tonnes in the first ten months of 2018, already surpassing the target of 85 million tonnes for the whole year. The Vietnam Cement Industry Corporation (VICEM) alone accounted for 23.87 million tonnes, up 14% against the same period last year, according […]
Read MoreThe Intelligent Community Forum (ICF) has just announced the list of 21 cities in the world which were voted as having exemplary strategies for smart city development. Binh Duong is the only city in Vietnam to have ever been voted among the so-called Smart21. Binh Duong joins Smart21 and becoming an official member of ICF […]
Read MoreA business delegation from Tokyo capital city of Japan had a working session with leaders of the northern province of Ha Nam October 25 to inquire about the local investment environment. Truong Quoc Huy, Vice Chairman of the provincial People’s Committee, briefed the guests about the province’s economic potential and investment attraction policies, saying that […]
Read MoreForeign direct investment (FDI) has helped boost socio-economic development in the northern mountainous province of Yen Bai, contributing to shifting the economic structure, creating more jobs and improving locals’ living conditions. To attract more FDI, the mountainous province has continuously promoted its strengths in natural resources and preferential policies to enterprises, especially those with foreign […]
Read MoreForeign 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. According to statistics from the State Securities Commission (SSC), from the beginning of this year to the end of October 9, net […]
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