Despite negative impacts of the COVID-19 pandemic, Vietnam continues to be an attractive destination for foreign investors, especially those operating in the warehouse sector thanks to its advantage of geographical location and skilled labour force, according CEO of BW Industrial Development JSC Lance Li.
Vu Viet Ngoan was re-elected President of the Vietnam-Singapore Friendship Association for the 2021-26 tenure during its second congress held on November 18.
Kurz International Holdings GMBH from Germany has been granted an investment licence for a hi-tech coating and thin film project worth 40 million USD at Becamex Vietnam-Singapore Industrial Park (VSIP) in the south central province of Binh Dinh.
Businesses from the Republic of Korea (RoK) poured over 2.43 billion USD into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.
The Vietnamese Consulate General in Hong Kong (China) will give priority to promoting investment and tourism ties between Vietnam and the region after the COVID-19 pandemic is put under control, with the aim of fully tapping cooperation potential between the two sides in the time to come, a Vietnamese diplomat has said.
Business, trade and investment opportunities in Vietnam were introduced to businesses of Geneva and French-speaking states of Switzerland during a seminar in Geneva on July 20.
Catching up with new retail trends to bring a new shopping experience to customers will help Vietnamese retailers seize the lion’s share of the market, especially after a number of foreign players have shut up their shops, according to insiders.
Over 747.6 million USD were poured into export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in 2020, representing a year-on-year increase of 15.79 percent, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
The Vietnamese Embassy in Thailand on August 28 officially launched the “Window to Vietnam” project - a display area and information counter supporting Vietnam’s commercial, tourism, and investment promotion in the country.
The Ministry of Industry and Trade (MoIT) has proposed the Government to allow petrol and oil businesses to transfer stakes to foreign investors, but not exceeding 35 percent.
Singapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total.
Foreign investors reduced their net investment in Malaysian equities by 1.19 billion RM (283 million USD) last week, according to the MIDF Amanah Investment Bank Bhd Research.
Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled 16.07 billion USD in 2019 despite global economic uncertainties.
The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the total flow of foreign direct investment into Vietnam during the year.
With its potential and advantages in industrial development, the northern province of Bac Giang has been an attractive destination for investors, especially those in industrial sectors such as electronics, food processing, mechanics, chemicals, and construction material production.
Businesses of Japan’s Chiba prefecture joined a working session with the People’s Committee of the northern province of Ha Nam on November 20 to explore the province’s investment climate.
The Korean credit issuer Hyundai Card has struck a deal that allows it to buy half of total shares at the consumer finance firm FCCOM for nearly 42 million USD.
Cambodia and Malaysia on September 3 signed two pacts to boost bilateral trade, investment and tourism in the witness of Cambodian Prime Minister Samdech Techo Hun Sen and his visiting Malaysian counterpart Mahathir Mohamad.
Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.
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