Japan currently ranks second among 125 countries and territories investing in Vietnam with a total registered capital of US$49.46 billion, after the Republic of Korea (RoK). Economists have predicted that Japanese direct investment in Vietnam will continue to grow in 2018. Growing investment Data from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) […]
Read MoreAfter organising the ground-breaking ceremony of $1 billion WHA Hermaraj-Nghe An Industrial Park on March 10, Nghe An province, WHA Hermaraj Nghe An, a subsidiary of WHA Corporation PCL from Thailand, expected to take the first phase of the project come into operation in the fourth quarter of this year. Covering an area of 3,200 hectares with […]
Read MoreThe Binh Duong Provincial People’s Committee has granted investment certificates to 18 companies with the combined investment capital of $417 million. Yesterday, Binh Duong held a ceremony to grant investment certificate for investors in the locality. They include 16 foreign-invested companies with the total investment capital of $372 million and two domestic companies with the […]
Read MoreThe withdrawal of the $3.2-billion Vung Ro refinery and petrochemical complex shows that Vietnam needs to review large-scale projects and withdraw long-delayed projects, especially those of foreign direct investment (FDI). Numerous large-scale projects are delayed in construction Along with the $3.2-billion Vung Ro refinery and petrochemical complex, invested by Vung Ro Petroleum Co., Ltd (VRP), […]
Read More“Vinh Long – Ready for cooperation and sustainable development” will be the main topic of largest ever investment promotion conference slated to take place in Vinh Long city in the Mekong Delta province of Vinh Long later this month on March 27. The event will feature the strong presence of more than 750 delegates […]
Read MoreInternational Local Development Consortium (ILDC) from France intends to develop a $6-billion deep seaport complex in the Mekong Delta of southern Vietnam. This was announced by Tran Van Chuyen, Chairman of the Soc Trang People’s Committee at the working session with Minister of Transport Nguyen Van The organised on March 12. According to Chuyen, the province received […]
Read MoreNghe An Province has emerged as a hot investment destination when many areas in the North and South have shown signs of saturation with increasing capital flowing in the province in recent years, attendees told a workshop on investment attraction and support in the province held on March 9. According to Do Nhat Hoang, director […]
Read MoreRenewable energy has attracted many foreign investors to Vietnam, including several Indian firms. The two-day state-level visit of President Tran Dai Quang and his wife to India on March 3-4 will bring a new Indian investment wave, this time focusing on renewable energy, infrastructure, education, and information technology. Indian giants, including TATA Group, Adani Green […]
Read MoreTo date, four foreign investors have submitted applications to become the strategic investor of PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam. This was announced by Ho Cong Ky, chairman of the Board of Directors of PV Power, at the company’s listing ceremony on the Unlisted Public Company Market (UpCOM). So far PV […]
Read MoreOn March 8 in Hanoi, vice chairman of Lotte Hwang Kag-Gyu met with Vietnamese Prime Minister Nguyen Xuan Phuc to explain Lotte’s business in Vietnam and discuss investment expansion and cooperation plans. Lee Kwang Young, CEO of Lotte Asset Development, also attended this meeting. According to Hwang Kag-Gyu, Lotte wishes to have continued investment and […]
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