Prime Minister Nguyen Xuan Phuc on November 28 expressed his hope that investors from the Republic of Korea (RoK) will increase investment in tourism in Vietnam as there are more than 2,000 flights between the two nations each month.
Nguyen Phuong, sales director of Minh Thanh Co., Ltd, said his company plans to invest more than 50 billion VND (2.15 million USD) in a production chain for bedroom and living room furniture.
Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.
Fifty-five percent of German businesses, when asked, have said they want to increase investment capital in Vietnam, higher than the rate for Southeast Asia (44 percent), according to a survey conducted by the German Industry and Commerce Vietnam (GIC) in April.
Footwear enterprises from the Republic of Korea (RoK) are operating effectively in Vietnam and their investment flows to the country are expected to increase strongly once the EVFTA is signed.
The United Kingdom (UK) wants to boost its investment in Ho Chi Minh City, especially in the fields of planning, project management and smart urban development, said Baroness Fairhead, Minister of State for Trade and Export Promotion at the UK Department for International Trade.
Vice President Dang Thi Ngoc Thinh has asked Governor of Japan’s Fukuoka prefecture Hiroshi Ogawa to boost its investment in Vietnam in auto manufacturing, digital technology, renewable energy, environmental protection, climate change adaptation, and clean agriculture.
Chinese companies have invested at least 1.4 billion ringgit (around 350 million USD) in Malaysia’s bonds and industrial production after the Pakatan Harapan coalition formed the federal government in May.
The capital city of Hanoi attracted 860 million USD in foreign direct investment (FDI) in the first five months of 2018, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.
Indonesia and China have signed five cooperation contracts worth 23.3 billion USD under the Silk Road Economic Belt and 21st Century Maritime Silk Road initiatives, according to Indonesia’s Antara news agency.
Indonesia plans to increase investment in maritime and aquatic sectors to 6.3 trillion rupiah (484.6 million USD) in 2018, according to Nilanto Perbowo, an official of the Ministry of Maritime Affairs and Fisheries.
Vietnam encourages its businesses to boost investment in Cuba in the fields of consumer goods production and agriculture, Prime Minister Nguyen Xuan Phuc told Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz in Hanoi on October 3.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has urged businesses and educational establishments of the US State of Utah to expand investment in Vietnam.
Myanmar wishes that Vietnamese businesses will increase their investment in the country, Speaker of Myanmar’s Parliament and House of Nationalities Mahn Win Khaing Than told Prime Minister Nguyen Xuan Phuc.
Swedish businesses will expand their investment in Vietnam as the EU-Vietnam Free Trade Agreement (EUFTA) enters into force, said Swedish Minister for EU Affairs and Trade Ann Linde.
Investors from mainland China have been developing their businesses in Vietnam to take advantage of free trade agreements (FTAs), as the country is a Trans-Pacific Partnership member.
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