The capital city of Hanoi has become the most attractive locality for foreign direct investment (FDI) in Vietnam for the first time, with total registered capital estimated at 6.5 billion USD.
The BRG-Sumitomo joint venture and authorities of Hanoi have intensified efforts to kick off construction on a mega smart city project this December.
More than 140 Vietnamese and 100 foreign players will compete at the BRG Golf Hanoi Festival 2018 slated for October 2-4.
Many provinces and cities have licensed projects worth billions of US dollars through their investment forums this year. But experts said the key issue remains how to push these projects from the planning to the action stage.
As many as 800 amateur athletes, who are members of the Da Nang Young Businesspeople Association and staff of the Southeast Asia Joint Stock Commercial Bank (SeABank) participated in the “Run for the Future” held in the central city on August 19.
Japan, the second biggest investor in Vietnam, is continuing to pour billions of USD into new projects in the Southeast Asian nation, an investment partnership expected to grow stronger after a State visit to Japan by President Tran Dai Quang.
Vietnam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with local businesses recently, promising to bring benefits to the real estate market.
Many businesspeople, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management positions to meet a new Government regulation.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong hailed investment of Hilton Group in Vietnam, particularly its cooperation with BRG Group while hosting a reception for Paul Hutton, Vice President of Operations for Southeast Asia at Hilton Worldwide Group, on January 9.
A smart city project worth more than 4 billion USD invested by the Sumitomo – BRG joint venture is expected to commence in Hanoi in the first quarter of 2018.
Hotel chain Hilton and Vietnam’s BRG Group Jsc recently signed two hotel management agreements in Ho Chi Minh City and Vung Tau city.
The Asian Pacific Golf Summit (APGS) began on November 15 with the participation of many leading golf operators, speakers, and managers of world golf groups in central Da Nang city.
Vietnam has been selected as the best golf destination in the Asia-Pacific region in the 2017 Asia Golf Awards on-line poll conducted by the Asia Golf Magazine.
Many Japanese firms such as Mitsubishi, Maeda, Kajima, Sumitomo and Creed Group have made investments worth tens to hundreds of millions USD in the Vietnamese realty market within over the past year.
BRG Group said it will join hands with Hilton Worldwide Group to run 11 Hilton hotel projects in Vietnam.
The Hanoi People’s Committee, BRG Group and Japan’s Sumitomo Corporation signed a cooperation agreement on developing Nhat Tan-Noi Bai urban project with total investment of more than 4 billion USD, aiming to build the most modern smart city of Southeast Asia in the north of Hanoi.
The business community has put forward recommendations for the more effective implementation of the Government’s Resolution No.35/NQ-CP on supporting and developing enterprises through 2020 at a conference with the Prime Minister in Hanoi on May 17.
The Vietnam Investment Review has launched the annual charity golf tournament Swing for the Kids 2017 to raise funds for underprivileged students with excellent academic records.
