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Tag Archive for ‘Invest’

FDI to Vietnam is mostly from Asia, with South Korea ranked first

The great advantages of Vietnam’s business environment and its membership in FTAs and the AEC have helped to attract many investors from Asia. The Ministry of Planning & Investment (MPI) report said that in the first eight months of the year, foreign investors pledged to invest $23.36 billion in Vietnam, an increase of 45 percent […]

Vietnam’s real estate remains 2nd largest FDI lurer

Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date. According to the Ministry of Planning and Investment’s Foreign Investment Agency, between January and August 20, the real estate sector […]

Bình Dương urges investment in hi-tech fields

The southern province of Bình Dương will focus on the attraction of investment in hi-tech industries that are less labour intensive and more environmentally friendly. The statement was made by Trần Thanh Liêm, chairman of Bình Dưong People’s Committee, at his meeting with James Ha, chairman of South Korea-based Sae-A Group, held in Bình Dương […]

The three biggest risks in doing business in Vietnam

Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam, according to Le Xuan Nghia, a respected economist, and six other businessmen who declined to be named. vietnam economy, business news, vn news, vietnamnet bridge, english […]

Large-scale investments promise FDI breakthrough in Vietnam

Many large-scale investment projects and cooperation agreements have been signed for the near future, promising a breakthrough in foreign direct investment (FDI) attraction in Vietnam. Just in the last 10 days, numerous investment cooperation agreements have been signed within the framework of Party General Secretary Nguyen Phu Trong’s visit to Indonesia and Myanmar and Prime […]

British firms want to join Tan Son Nhat airport expansion project

UK Ambassador to Vietnam Giles Lever had a working session with Vietnam’s Ministry of Transport on August 29, conveying British businesses’ intention to participate in the expansion of Tan Son Nhat International Airport in Ho Chi Minh City. He said the UK aviation industry wants the Vietnamese ministry to provide information about the Tan Son […]

Foreign investment on the rise in Vietnam

The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016. The reports from the Foreign Investment Agency showed that foreign investors had registered to invest US$23.36 billion into Việt Nam in the January-August 20 period, up 45.1 […]

Vietnam minimum wage hikes seen sending production costs soaring

The forthcoming spikes in the region-based minimum wages are expected to improve workers’ incomes but production costs in labor-intensive industries will certainly pick up. The Ministry of Labor, Invalids and Social Affairs, which is drafting a decree on the region-based minimum wages, proposes a wage increase of 6.5%, or VND180,000-230,000 a month, which would go […]

Foreign investors to seek cooperation with Hậu Giang

The Mekong Delta province of Hậu Giang is actively attracting investors and creating optimal conditions for investors to implement their projects in the province. This was stated by Nguyễn Văn Tuấn, vice chairman of the provincial People’s Committee, at a meeting between the province and representatives of European firms on Tuesday. Representatives of the investors […]

Vietname finance minister urges Japan to increase investment in Vietnam

Indirect investment from Japan into Việt Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Đinh Tiến Dũng said. Dũng made the statement on Monday at a conference in Tokyo co-hosted by the Việt Nam’s Ministry of Finance and Daiwa Corporation […]