The prime minister asked to organise a conference on 30 years of FDI focusing on summarising and the objective assessment of foreign-investment in Vietnam. At the mid-term Vietnam Business Forum (VBF) 2018 on July, Minister of Planning and Investment Nguyen Chi Dung announced that Prime Minister Nguyen Xuan Phuc has just approved to officially hold […]
Read MoreThe changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Việt Nam, said Bùi Ngọc Tuấn, deputy general director of the Audit and Advisory firm Deloitte Việt Nam at a workshop on Tuesday in Hà Nội. Themed “Investment incentives, related party transactions: situation and solutions,” the workshop […]
Read MoreSouth Korean firm ESMO has just broken ground on ESMO VINA, its first wiring harness factory in Vietnam, in Gia Phu Industrial Zone in Ninh Binh province. The project, spanning an area of 63,500 square meters and costing about VND700 billion (US$30.5 million), is expected to generate some 2,000 jobs for local people. With the […]
Read MoreVietnam’s Trung Nam Group started construction of the largest solar power plant on July 7 in the south central coastal province of Ninh Thuan, with total investment of VND4.4 trillion (US$192 million), as firms hurry to enjoy a government incentive, VnExpress reported. Covering an area of 300 hectares in Bac Phong and Loi Hai communes, […]
Read MoreSteady growth and preferential policies have made Vietnamese food processing industry increasingly attractive to foreign investors. Vietnam, with more than 94 million consumers and an abundant material source, has recently witnessed many merger and acquisition (M&A) deals in the food processing industry. VinaCapital Vietnam Opportunity Fund (VOF), the flagship fund of VinaCapital, has recently invested […]
Read MoreThe processing and manufacturing sector continued to attract the major share of foreign direct investment (FDI) in Vietnam in the first half of 2018, with US$7.91 billion. The Foreign Investment Agency under the Ministry of Planning and Investment reported that the value accounted for 38.9% of the country’s total investment in H1 2018. With the […]
Read MoreHigh economic growth and market reforms have helped Vietnam become an attractive destination for big foreign investment funds. Warburg Pincus some months ago announced its intention to invest more than US$370 million in Vietnam Technological and Commercial Joint Stock Bank (Techcombank) IPO, in what it said was the largest ever private equity investment to date […]
Read MoreOn July 16-17, 2018 in Ho Chi Minh city, the first time ever, flooring specialists from manufactures around the world will combined together to talk about the Green and Advance Flooring Technologies (GAFT). Guests will be invited are building architects, consultants, contractors who is concerning about flooring standard, design, consult, application, quality control,… Attend the event, […]
Read MoreGeneral Motors has agreed to transfer its Vietnamese operation to VinFast Trading and Production LLC and distribute Chevrolet cars through the local carmaker, in a move that could help drive up its modest sales in the country. The U.S. automaker will transfer full ownership of its Hanoi factory to VinFast for the Vietnamese firm to […]
Read MoreThe total output of Vietnam’s steelmakers is far in excess of domestic demand, while imports are growing and foreign-invested steelmakers are ramping up production, placing mounting pressure on the local steel industry. A preliminary estimate puts the capacity of Vietnam’s steel industry at 30 million tonnes a year, though the operating capacity is equivalent to […]
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