Hanoi Leads the Whole Country in Attracting FDI in the First 2 Months

According to the Foreign Investment Agency (Ministry of Planning and Investment), in the first 2 months of 2019, many foreign investors have set up business in Hanoi. In fact, Hanoi is the locality that attracts the most FDI in 44 provinces with 4 billion USD, accounting for 47.3%, followed by Ho Chi Minh City with 1 billion USD, accounting for 12%, the third is Bac Ninh with...

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US and North Korea Leaders Will Meet in Hanoi, Vietnam

President Donald Trump announced that Hanoi, Vietnam will be chosen as the place to hold the second US-North Korea summit on February 27 and 28, 2019. There are signs of intention of both parties to transform the relationship and create a solid foundation for the denuclearization of North Korea and end the Korean War. This is the opportunities for Vietnam to promote the country...

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Da Nang Calls for Investment in 60 Projects in 2019

After the Lunar New Year, Da Nang began to implement the investment promotion of 60 investment projects, focusing mainly on high-tech, urban and tourist areas real estate, attracting foreign investors to come and invest in Danang.Da Nang City People’s Committee has just approved the program to attract investment in 2019. Accordingly, after the Lunar New Year, the city began...

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Sustainable development in Vietnam

Achievement of sustainable development in VietnamThe sustainable development objectives including economic, social development and environment protection have been integrated into national priority development together with economic growth objective.With a stable GDP and economic growth, improvement of education, Vietnamese citizens have gained more knowledge about gender...

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Quang Tri: Revenue of FDI Projects Reaches More Than 42 Million USD

In terms of attracting foreign investment into Vietnam, Quang Tri is also a province that attracts many FDI projects from foreign investors.According to information from Quang Tri Provincial People’s Committee, in 2018, this locality issued decision on investment policy for 48 domestic investment projects with total capital of VND 6,325 billion, 28 projects were implemented...

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KABUL Group (Korea) Wants to Invest in Building International Hospital in Bac Ninh

Mr Joon Suk Choi, Vice Chairman of KABUL Group (Korea) had a meeting with Chairman of Bac Ninh Provincial People’s Committee Nguyen Tu Quynh to explore opportunities for cooperation and investment in the province.KABUL Group is one of the largest corporations of Korea, operating in the fields of construction, transportation and services… currently implementing many investment...

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Solar Power Projects Appear More and More in The Central Region: Foreign Contractors Take Advantage

The Central Coast from Quang Ngai to Ninh Thuan is becoming a huge solar power construction site with a series of projects being groundbreaking and starting construction, in which foreign contractors make bold marks.In the second half of 2018 and the early days of January 2019, a series of solar power projects were started in the Central region, with the most concentrated...

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KMH Group – Korea Proposed to Invest in Developing High-Tech Industrial Cluster in Thua Thien Hue

Chairman of Thua Thien Hue Provincial People’s Committee has just had a meeting with Chairman of the Board of Directors of KMH Group – Korea, seeking opportunities to invest in Vietnam and exchanging information to expand investment projects in tourism, relaxation and high-tech industry in Thua Thien Hue.At the meeting, according to Chairman of the Board of Directors of KMH,...

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Vietnam – Singapore Industrial Park Company Limited (VSIP) Surveyed Investment in Quang Tri

Chairman of Quang Tri Provincial People’s Committee, Mr Nguyen Duc Chinh just had a meeting with the delegation of Vietnam – Singapore Industrial Park Limited Company (VSIP) led by Mr Anthony Tan, Deputy General Director of VSIP, representing VSIP (Singapore) – Amata (Thailand) – Sumitomo (Japan) as the leader.On this occasion, Mr Anthony Tan, Deputy General Director of VSIP...

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Quang Binh Calls for Investment in 48 Projects

According to Chairman of Quang Binh Provincial People’s Committee – Mr Nguyen Huu Hoai, the provincial People’s Committee has just issued a decision to call for investment in 48 projects in the fields of industry, agriculture, tourism, services and trade… in the period from 2018 to 2020.Accordingly, the People’s Committee of Quang Binh province has approved the list of projects...

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Attracting FDI: New Regulations, New Face

The strategy to attract foreign direct investment (FDI) in Vietnam from now to 2030 with many new points is attracting special attention of investors.The perspectives of the Ministry of Planning and Investment in developing a strategy to attract FDI capital for the coming period are to selectively attract and focus to increase the efficiency of FDI’s contribution to economic...

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Attraction from Industrial Parks in Phu Yen

Phu Yen is gradually moving its economic structure from a purely agricultural province to industry, tourism and services. In order to achieve this goal, thousands of hectares of industrial parks have been prepared, along with infrastructure investment with full facilities to attract projects and foreign investor to invest in Vietnam and in Phu Yen province.In May 1974, at...

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New Capital Flows from French Businesses

Opportunities are opening for Vietnam to attract more foreign direct investment (FDI) flows from France.As planned, during the visit to Vietnam of French Prime Minister Edouard Philippe (from November 2nd – 4th), in the afternoon of November 2nd, a series of new cooperation agreements were signed between enterprises of the two countries, to promote bilateral trade and investment...

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Hyosung with Billion Dollars Commitments

In a series of large foreign investors in Vietnam, especially Korean investors, the public often refers only to big names such as LG, Samsung…, but not many people knows that Hyosung has invested billions of dollars in Vietnam.Few days ago, the People’s Committee of Quang Nam province has officially approved the report on the environmental impact assessment of Hyosung’s cloth...

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Da Nang Calling for Investment in 7 Strategic Projects

In the international conference “Investing in Sustainable Urbanization” organized by Danang People’s Committee in collaboration with the regional network of local authorities on human capital management (CityNet), Da Nang has called for investment in 7 strategic projects.At the workshop, Danang People’s Committee announced the list of 7 projects calling for investment in the...

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Wind Power in Vietnam Attracts the Attention of Foreign Investors

Tra Vinh People’s Committee has approved the policy for three investors to implement the Hiep Thanh wind power plant project in the province with a total investment of nearly 3,370 billion VND; of which 20% is contributed by investors, the rest is loan from bank Landesbank Baden-Wurttemberg-LBBW, Germany. It shows that Vietnam wind power sector is attracting attention of foreign...

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Vietnam plans to have high tech city built to nurture IT start-up environment

It appears that Vingroup Incorporation is studying the US “Silicon Valley” model to implement VinTech City in Dong Anh (Hanoi). This is the first environment to help nurture the high tech to put into life.With more than 70 hectares of land in Dong Anh, VinTech City will be fully equipped office buildings, computers and the internet for the companies to start up.With the target...

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Why Asian Investors Prefer Vietnam Real Estate Market?

Profitability of high-end real estate in Vietnam surpasses that of ASEAN countries.According to Mr Pham Lam, General Director of DKRA Vietnam, in the past 3 – 5 years, Asian investors from Korea, Hong Kong, Japan, Malaysia and China have been active in the Vietnam real estate market. They prefer golden land funds, specializing in high-end and luxury real estate development.Also...

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Medical Heathcare Industry

The demand for medical equipment in Vietnam has been increasing due to the need to for treatment for cancer, heart disease, injuries, with focus on imaging equipment, operation room, emergencies resuscitation, intensive testing. The reason behind is the rising income and awareness of treatment for better quality of life. The foreign companies also tend to seek market entry...

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Potential of Investment in Real Estate Market in Vietnam in 2018

According to Foreign Direct Investment Agency, the foreign direct investment amount into Vietnam in the area of real estate has reached 5.54 bil USD in the first six month of 2018, accounting for 27.3 % total registered investment. It appears that real estate is the second attractive sector, after industrial manufacturing. Foreign investors have cơm to realize that, Vietnam...

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Educational Investment: A Trillion Race

High profit margin, stable growth, lower risk than investment in other sectors. That is the reason, in recent years, investment in Vietnam education sector always takes place, especially large-scale M&A transactions in Vietnam.One of the barriers for Vietnamese students to integrate into the world community is their limited English and soft skills. In addition, the curriculum...

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Potentials of Vietnam Logistics Industry

When Vietnam joins the TPP, Vietnam logistics industry has many opportunities to develop and engage more deeply into the world’s logistics centers…According to the report of World Bank, the forecasted growth rate between 2015 and 2020 is 12%/year and import export turnover reached 623 billion USD in 2020, Vietnam is a promising destination for investors.According to the statistics...

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Ho Chi Minh City Attracted over 4.1 Billion USD FDI Capital

That is the information released at the meeting on socio-economic situation in the first 6 months of the People’s Committee of Ho Chi Minh City, which was held on July 3rd. Accordingly, HCMC remains an outstanding investment destination for foreign investors to set up company in Vietnam.Specifically, HCMC has granted investment registration certificates to 483 FDI projects...

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ESMO Corporation (Korea) Kicked off The First Automobile Cable Factory in Vietnam

ESMO Corporation (precursor is NEXEN TECH Corporation – Korea) has just started construction of the first ESMO VINA automobile cable factory in Vietnam.ESMO VINA automobile cable factory has a total area of 63,500 m2 and total investment capital of 700 billion VND, located in Gia Phu Industrial Complex (Ninh Binh), expected to create jobs for 2,000 employees.The ESMO VINA...

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