According to the Japan External Trade Organization (JETRO), Japanese companies invested more than US$8.6 billion in Vietnam in 2017, a sevenfold increase compared with 2016. This accounted for more than one-third of total foreign investment in Vietnam last year, placing Japan at the top of the list of foreign investors. Higher profit The results of […]
Read MoreThe event, themed “Vietnam – business destination in ASEAN” was hosted by Becamex IDC Corporation and the Federation of Thailand Industries (FTI). The event presented opportunities for Thailand enterprises to explore the economic potential and investment procedures of Vietnam and Binh Duong province, as well as meet with potential Vietnamese partners. Addressing the event, FTI […]
Read MoreEuropean Plastics Window Company Ltd. (Eurowindow), Vietnam’s leading supplier of doors and facades, plans to invest up to $120 million in two factories in Myanmar to cater for both local and regional demand, according to newswire Dealstreetasia. Eurowindow’s decision to expand comes at a time when Myanmar’s construction industry is growing at an average of […]
Read MoreA group of 24 Italian companies is introducing their latest processing and packaging solutions and technologies for the food, beverage, and pharmaceutical industries at ProPak & Printech Vietnam 2018 at the Saigon Exhibition and Convention Centre (SECC) on March 20-22. Under the auspices of the Italian Ministry of Economic Development, the Italian Trade Agency (ITA) […]
Read MoreA delegation of 70 enterprises from Hong Kong will visit Việt Nam to seek cooperation with Vietnamese firms on March 21, 2018 in HCM City. Those Hong Kong businesses specialise in finance, education, architecture, law, textiles, electronics components and footwear products. The event will be organised by the Investment and Trade Promotion Centre of HCM City when […]
Read MoreSpecifically, over the first two months of 2018, foreign investment streams into the domestic market through capital contribution and share purchasing hit $1.25 billion, a 102.5 per cent rise against the same period in 2017. Meanwhile, various FDI-backed projects were given investment certificates and approved for construction in Vietnam. In early March, global equity firm […]
Read MoreA number of new foreign-invested projects are expected to be licensed in Hoa Lac High-Tech Park (HHTP) in Hanoi. A source from the Hoa Lac High-Tech Park Management Authority told VIR that it is preparing to grant investment certificates to projects from potential investors like KOVA Paint, ETC Holding, and Nidec. In 2017, Hoa Lac licensed three projects […]
Read MoreUS-invested Cargill Vietnam—one of the three largest animal feed producers in the country—has been licensed to build a new animal feed project in the northern province of Bac Ninh. A source from Bac Ninh Industrial Park Management Authority told VIR that the US firm has received the investment certificate earlier this year. The project is capitalised at […]
Read MoreThe sixth Greater Mekong Subregion (GMS) Summit and the tenth Cambodia-Laos-Vietnam (CLV) Summit on Development Triangle Area will take place from March 29 to 31 under the theme “Leveraging 25 years of co-operation, building an integrated, sustainable, and prosperous GMS.” This is the first time the GMS Summit has been held in Vietnam in order to […]
Read MoreJapan’s Mizuho Bank has signed a Memorandum of Understanding with the northern province of Vinh Phuc on cooperation in boosting Japanese investment in the locality. Under the agreement, which was signed in Vinh Phuc on March 7, the provincial People’s Committee will create all favourable conditions for Mizuho business customers to make investment in the […]
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