Hanoi has been the country’s top attractor of foreign direct investment (FDI) this year, luring more than than $4.05 billion in FDI projects as of March 20, 10 times higher than the same period last year. In addition, the capital city also permitted foreign investors to spend 47.27 million USD acquiring shares in Vietnamese firms […]
Read MoreVietnam – Austria joint venture Mavin will invest in a high-tech variety research and development center and a food processing plant in the south at a total cost of over 80 million USD, said its Chairman David John Whitehead. Recently, Mavin Group inaugurated an animal feed warehouse in the Mekong Delta province of Tien Giang. […]
Read MorePrime Minister Nguyen Xuan Phuc has approved a project to construct and lease infrastructure systems in the second phase at Thanh Liem industrial park in the Red River Delta province of Ha Nam. The project will cover an area of over 142 hectares and have total cost of 942 billion VND (40.5 million USD). It […]
Read MoreMore than 50 leading US companies operating in different industries arrived on March 12 to explore business opportunities in Vietnam. These firms include Google, Apple, Microsoft, Coca-Cola, ExxonMobil, GE, Ford, MasterCard, Qualcomm, IBM, JP Morgan, Syngenta, AstraZeneca and Pfizer. Arriving on the heels of the 2nd DPRK-USA Summit in Hanoi where US President Donald Trump […]
Read MoreA ceremony was held in Hoa Vang district, Da Nang city, on March 29, to put the first phase of the Da Nang IT Park (DITP) project into operation. The two-phase DITP project is being implemented on an area of 341 hectares at a total cost of over US$120 million. The US$47 million first phase, […]
Read MoreThe Australian company has done due diligence on large-scale renewable energy projects in Vietnam. Macquarie Capital will soon invest in large-scale renewable energy projects in Vietnam, the company’s president and CEO John Walker told Deputy Prime Minister Trinh Dinh Dung in a recent meeting. Walker said the company was seeking opportunities to invest in other […]
Read MoreThe south central province of Ninh Thuan is still looking for capable investors to develop the mammoth power complex. Gulf Energy Development Public Company Limited has once again expressed interest in developing the gas-fired power complex in Ninh Thuan province. Representatives from the Thai company, which first met provincial authorities to talk about the project […]
Read MoreTan Hiep Phat is expanding with a new big plant in the Mekong Delta, a move toward realizing its ambition in the global arena. The leader of Vietnam’s ready-to-drink tea market (THP) on March 14 inaugurated its plant in Hau Giang Province, the biggest beverage manufacturing plant in the country’s southwestern region. This is one […]
Read MoreThe U.S.’s Universal Alloy Corporation began construction of its $170 million Sunshine aerospace components factory in Da Nang on Friday 29/3. The plant would come up on a 1.67 hectare site in the Hi-Tech Park in two phases by 2026, Da Nang’s Investment Promotion Agency said. The factory will produce 4,000 of the five million […]
Read MoreWith the private sector’s investment, the National Innovation Centres (NIC) will research and develop five key areas of smart factories, digital content, network security, smart urban areas, and environmental technology. The project of establishing a NIC model to replicate later has just been submitted to the government for comments. At the meeting with ministerial and […]
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