Hanoi attracted the most foreign direct investment in the first two months of 2016: US$250 million, 13% of Vietnam’s total. The figure is the result of the city’s efforts to simplify administrative procedures and improve its investment environment. FDI projects are mainly in real estate (46%) manufacturing and processing in industrial parks, trade, and services. […]
Read MoreThe Ministry of Industry and Trade on Tuesday announced additional tariffs on imported steel products as a temporary safeguard against inexpensive imports that were allegedly threatening the domestic industry. As per the Decision No 862/QĐ-BCT issued by the ministry, it will impose temporary safeguard duties of 23.3 per cent on steel billets and 14.2 per […]
Read MoreIn the event of drones becoming a large part of every career in construction and other careers, there is a lot of talk about them. Effects on Construction Sites For a safety director on a construction site, the drones are a lifesaver. They can fly into places where they may not be able to see, […]
Read MoreA Tokyo-based investment fund, alongside a Ho Chi Minh City investment firm, inked a deal with another local real estate company on Sunday to invest hundreds of millions of dollars in developing thousands of apartments in the southern city. Creed Group and An Gia Investment (AGI) together with Phat Dat Realty (PDR) will spend US$500 […]
Read MoreUS capital continues flowing into Vietnam in anticipation of the opportunities to be brought by TPP (Trans Pacific Partnership) and other free trade agreements (FTAs). Just after six months after opening, a bonded warehouse in Long Binh Industrial Zone in Dong Nai province is at full capacity. It supplies dyes and chemicals, and is run […]
Read MoreMr. Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, discusses the current state of Vietnam’s property market. It’s been reported that residential demand remains healthy in Ho Chi Minh City and Hanoi. What is your assessment of Vietnam’s property market and the key growth drivers? The property market saw considerable improvements in 2015 […]
Read MoreSingapore’s Keppel Land Limited (Keppel Land) has signed a conditional investment agreement to claim a 40 per cent stake in Empire City Limited Liability Company (Empire City), worth US$93.9 million. The other joint-venture partners in Empire City would be Vietnamese companies Tien Phuoc Real Estate Joint Stock Company (Tien Phuoc) and Tran Thai Real Estate […]
Read MoreBy June, 2015, Japan had become Vietnam’s second largest investor with more than 2,600 projects worth a total of US$38 billion. 120 of its projects were located in Da Nang. Vice-chairman of the municipal People’s Committee Dang Viet Dung said the city boasts numerous advantages in investment attraction as it is located on the East-West […]
Read MoreHa Noi Construction Department has announced upcoming real estate projects that have been approved for sale in the market and are being funded by 26 investors. This is the first time the department has published such a list. As the projects are completed, they will add 10,163 apartments and 585 low-rise buildings in the capital […]
Read MoreThe People’s Committee of southern Binh Duong province on March 4 granted the first investment licenses of 2016 to 32 foreign direct investment (FDI) projects and one domestic investment project, worth a total of US$695 million . Taiwan (China) led the way in registered capital with US$205 million pumped into 4 projects, followed by Singapore […]
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