If foreign investment inflows maintain their growth momentum until the end of the year, Vietnam can expect a new foreign investment record for the decade. Of particular note, the majority of the increase is generated by M&A deals. According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, […]
Read MoreThe joint venture of Wagan Corporation, GHN Group, and Masters Depot and domestic firm Tin Thanh Group Company Limited are looking to co-operate with each other to enhance and expand Dung Quat Refinery. On August 28, the joint venture and Tin Thanh joined a working session with Binh Son Refining and Petrochemical Co., Ltd. (BSR), […]
Read MoreJapanese architect Shigeru Ban, known for making cathedrals and concert halls out of paper, is designing 20,000 new homes for refugees in northwest Kenya. Ban, who won the Pritzker Architecture Prize in 2014, will be working with the UN Habitat to build homes in the Kalobeyei refugee settlement in Kenya’s Turkana region. Shigeru Ban, a […]
Read MoreIn addition to the retail, beer manufacturing, and plastic sector, Thai investors have increased their investment in the renewable energy sector, with the aim to diversify their operations in Vietnam. Most recently, B. Grimm Power Plc., through its subsidiary B Grimm Renewable Power 2 Ltd., has completed the $35.2 million acquisition of its solar photovoltaic […]
Read MoreCalling Vietnam a strategic base for its global expansion, South Korea’s Hyosung Group has solidified its presence in the country after it received the investment certificate to build the $1.2 billion complex in the southern province of Ba Ria-Vung Tau yesterday. Covering 60 hectares, the complex will include a propane dehydrogenation (PDH) production plant, polypropylene […]
Read MoreSix firms from the Republic of Korea (RoK) held a ceremony to receive licences from the authorities and start the construction of their plants in the Dung Quat economic zone in the central province of Quang Ngai. They are Samshin Valve VINA, Yoobong VINA, Wookwang Vietnam, Hanbit P&LVINA, Nasan Vietnam, and Kwang Jin Vietnam. Together, […]
Read MoreChairman of the People Committee of Ho Chi Minh City Nguyen Thanh Phong received entrepreneurs from some multinational groups on August 24 to brief them on investment promotion opportunities in the city. As the biggest economic and financial hub in the south of Vietnam and an attractive destination for foreign investment, HCM City has spared […]
Read MoreForeign investors have shown considerable interest in developing wind power in Vietnam. The People’s Committee of the Mekong Delta province of Tra Vinh has allowed three investors to finance the construction of the Hiep Thanh wind power plant, with a total investment of 3.37 trillion VND (US$144.3 million). Of the figure, 20 percent was contributed […]
Read MoreJapan-based electronics giant Sharp Corporation, controlled by Taiwan’s Foxconn Technology Group, plans to develop a $2-billion camera module manufacturing facility in the southern province of Binh Duong, a move to help revive Foxconn’s previous commitment to invest $5 billion in Vietnam. According to managing executive officer of Sharp Corporation Yoshihiro Hashimoto, the corporation is exploring […]
Read MoreAt Quang Binh Investment Promotion Conference held on August 27, Quang Binh People’s Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion. Quang Binh has granted certificates of […]
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