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A wealth of opportunity for German investment in Vietnam

Vietnam’s equitization of state-owned enterprises (SoEs), principally corporations and major banks will offer a host of investment and business opportunities for the economic private sector, foreign investors who may become Vietnam’s strategic partners. Prime Minister Nguyen Tan Dung made the statement at the Vietnam- Baden Wuerttemberg Economic Forum on the …

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Dong Nai continues to attract record levels of FDI

The provincial Department of Planning and Investment reported the total consists of US$391 million for 52 new projects and US$531 million in supplementary investment for 51 projects. The province also revoked the investment licences for 8 FDI projects with registered investment capital of US$86 million, comprised of 3 projects located …

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Japan quickly disburses FDI in Binh Duong

Japan remains the largest foreign investor of southern Binh Duong province with more than 220 projects and foreign direct investment (FDI) disbursements of nearly US$5 billion. Most Japan-invested projects are in the areas of high-tech, electronic outsourcing, medical equipment, high-quality food processing, infrastructure and urban areas. Mai Hung Dung, Director …

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Vietnam seeks investment for supporting industries

Such zones will be constructed in Hanoi, Vinh Phuc, Bac Ninh, Hung Yen, Hai Phong, Dong Nai, Ba Ria – Vung Tau, Binh Duong, Tay Ninh and Danang. Such zones will primarily aim at attracting projects in mechanical engineering and metallurgy, according to the master plan on industrial development approved …

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Dung Quat EZ calls for investment worth US$2 billion

The Dung Quat Economic Zone (EZ) in the central province of Quang Ngai will intensify investment promotion in 2014-15, aiming to attract an additional 10-15 projects, with total registered capital of US$2 billion. Pham Nhu So, vice chairman of the Quang Ngai provincial People’s Committee, who is also head of …

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Real estate market to greet new investments

After consecutive years of losses, several real estate firms in HCM City started to show more optimism in the market as the number of transaction is picking up. Savills Vietnam reported that, in the first quarter of 2014, 1,600 apartments were sold, the highest number in the last three years. …

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Vietnam verifies Japanese alleged bribes for ODA project

The Ministry of Transport is verifying claims that  an executive of the Japan Transportation Consultants, Inc. (JTC) bribed Vietnamese transport officials in return for an ODA project. The Yomiuri Shimbun of Japan reported that JTC President Tamio Kakinuma admitted the Tokyo-based railway consultant firm had offered corrupt financial incentives to a …

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Vietnam needs to further improve investment climate

A seminar on improving investment environment was held in Hanoi on March 18 by the Development Strategy Institute (DSI) and the European Chamber of Commerce (EuroCham). The seminar provided a good opportunity for investors, experts, researchers and lawmakers to discuss issues related to seaport infrastructure development, foreign operations in the …

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Vietnam is a lucrative location for Singaporean investors

Dr Admad Md Magrad, Vice President of the ASEAN Business Group under the Singapore Manufacturing Federation (SMF) has said that companies in Singapore find Vietnam a highly lucrative location to expand production activities. Speaking on the sidelines of a recent seminar “Doing Business in Vietnam”, Dr Admad stated that Vietnam’s …

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