Ho Chi Minh City announced 245 projects calling for investment in 2019, opening up opportunities for foreign investors to invest in the city. The information was stressed at a meeting between the leaders of the city and foreign-invested enterprises (FIEs) during last weekend. The event saw the participation of 25 business associations and foreign organisations, […]
Read MoreSouth Korean conglomerate SK Group plans to acquire a $1 billion stake in Vietnam’s largest private conglomerate Vingroup, Bloomberg reported. SK plans to make the investment as early as next month, it said, quoting South Korea’s Maeil Business Newspaper. Vingroup recently sought its shareholders’ vote on a plan to raise at least VND25 trillion ($1.08 […]
Read MoreThe higher the expected rate of return, the more that private funds would be attracted, according to an ADB expert. The government should increase the rate of return on infrastructure investment in a bid to attract more foreign investors in the industry, experts said. According to Naoyuki Yoshino, dean of the Asian Development Bank Institute, […]
Read MoreHanoi is interested in attracting more investment from German investors for further development as the city is en route to modernize itself, according to Nguyen Duc Chung, chairman of the Hanoi People’s Committee. Recently, Hanoi has been focusing on developing the platform of smart city, which is a potential area for cooperation between Hanoi and […]
Read MoreForeign direct investment (FDI) was the key to Vietnam’s economic development in 2018, giving a boost to industrial real estate, Savills Vietnam said in a recent report. FDI flows to Vietnam in 2018 (US$). With more than 50% of newly-registered FDI coming from the processing and manufacturing sector, the overseas capital inflows have fueled one […]
Read MoreForeign Direct Investment (FDI) in Vietnam is forecast to surge significantly in 2019 as many foreign investors, including big names, are showing their big interest in the country. Reports from the Foreign Investment Agency under the Ministry of Planning and Investment showed that foreign firms registered to invest US$8.47 billion in Vietnam in the first […]
Read MoreDeputy Prime Minister Trinh Dinh Dung has called on Russian gas group Gazprom to continue its close coordination with Vietnamese ministries, agencies, and partners in scientific and technological application and administrative reform in order to reduce costs and improve its investment efficiency. While hosting a reception in Hanoi on March 14 for Vitaly Markelov, Deputy […]
Read MoreHOUSELINK Golf Tournament 2019 will be held at Long Bien Golf Course on April 12, 2019, with the participation of more than 100 golfers from key players in the construction supply chain. The event is organized by HOUSELINK JSC., in collaboration with prestigious units in construction industry such as NS Blusope, CPT Steel, CJSC, ATAD, AAC, CC105, Hicon, Fuji IP… The tournament has 3 Divisions A, […]
Read MorePrivate equity funds can bring Vietnamese businesses more than simple capital: they can help in other aspects of operatio, including corporate governance, business ideas, networking, and experience sharing. With high economic growth and a stable political environment, Vietnam has become an attractive destination for private equity (PE) funds. In addition to some well-established Vietnam-based PE […]
Read MoreWith Vietnam’s typically-low localisation numbers currently increasing at its highest-ever rate, Japanese investors in particular are now becoming more attracted to the country’s manufacturing potential. However, regulatory risks remain a top concern. Bich Thuy reports. A number of Japanese businesses are planning to move investment from China and Thailand to Vietnam to ease risks from […]
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