Can Gio – The Potential Land for Tourism Investors

According to the plan of Ho Chi Minh City (HCMC), by 2020, the number of visitors coming to Can Gio will reach 6 million. That is really a good sign for the Vietnam tourism industry. HCMC welcomes 30 million tourists a year. Just to find out how to bring these visitors to Can Gio as Pattaya attracts visitors from Bangkok, Can Gio will boom over Nha Trang, Vung Tau,...

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IHI Corporation (Japan) Wants to Participate in Transportation Projects in Hai Phong

Japan is a familiar investor in the Vietnamese market, many Japanese companies have set up business in Vietnam and IHI Corporation is not an exception. Recently, Hai Phong People’s Committee has been working with the delegation of IHI Corporation (Japan) to explore opportunities to participate in transportation projects in Hai Phong. At the meeting, Mr Atsushi Kutawa...

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Tetra Pak Construct 110 Million USD Packaging Factory in Binh Duong

Tetra Pak (Sweden) has started construction of a 110 million USD packaging factory on an area of 10,000 m2 and a total capacity of 20 billion packages per year at Vietnam – Singapore Industrial Park II – A (Binh Duong). This information has been announced since the end of 2016. The factory is expected to come into operation by the beginning of 2019. According to...

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First Solar Re-Launch Billion Dollars Project in HCMC

First Solar Corporation – one of the US investors have set up business in Vietnam in the field of high technology. After several years of halt operation, First Solar Corporation (USA) has officially restarted the project of manufacturing solar panel with thin-film technology in Ho Chi Minh City (HCMC). So far, First Solar’s project (in the Dong Nam Industrial...

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US Businesses Intend to Move to Vietnam

Is Vietnam ready for relocation investment? Answering this question, the flow of foreign investment, particularly the United States to Vietnam will have great changes. Is Vietnam ready? This question is again raised, this time from Mrs Marie Diron, Managing Director of the National Credit Risk Group for Asia and the Pacific (Moody’s). Mrs Marie Diron posed...

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German Investors Funded 15 Million USD for Kinh Bac to Implement Workshop Project

Japan-Vietnam economic cooperation will form a new value chain The total investment value of the project is 33.4 million USD, equivalent to about 755 billion VND, which is invested in construction and development in industrial zones. According to information from Kinh Bac City Development Holding Corporation (KBC), the subsidiary of this unit is Kinh Bac Office...

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Japan Increases Investment in Vietnam in Finance and Services

Japanese investors have switched from setting up business in Vietnam in manufacturing into financial investment, retail. Why Japanese Investors Invest in Vietnam? Three Reasons Japan Invests in Vietnam Why Japan Will Increase Investment in Vietnam Til end of Jan 2015, Japan is the second largest foreign investors in Vietnam in direct investment form...

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US Textile and Footwear Enterprises Seek Opportunities in Vietnam

In the context of the absence of the Trans-Pacific Partnership (TPP), US textile and garment companies are finding their own opportunities to invest in Vietnam.In late October, the American Apparel and Footwear Association (AAFA) and the American Chamber of Commerce in Vietnam (AmCham Vietnam) organized a series of activities in Ho Chi Minh City. According to the...

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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...

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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,...

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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...

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Bac Ninh Granted Investment Certificates to 31 FDI Projects in the 1st Quarter

Bac Ninh is really an attractive investment destination for foreign investors, especially Korean investors, as more and more foreign investors choose to invest in Vietnam in general and in Bac Ninh province in particular. According to Bac Ninh Statistical Office, in the first quarter of 2018, the province issued new investment certificates to 31 projects and adjusted...

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Lotte Plans to Launch 4 Large Projects in Vietnam

Lotte plans to invest in Vietnam by implementing a lot of projects such as construct plant, mall and urban project. On March 8th, Vietnam Prime Minister Nguyen Xuan Phuc has met Mr Hwang Kag Gyu, Deputy Chairman of Lotte Group. At the meeting, Deputy Chairman of Lotte Group said that Lotte plans to implement a cocoa planting project in Vietnam for export to Korea;...

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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-Wurttembrg-LBBW, Germany. It shows that Vietnam wind power sector is attracting attention...

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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...

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Shinhwa Group E&E (Korea) Invested in Solar Water Project in Quang Tri

Shinhwa E&E Co., Ltd (Korea) has conducted the survey and agreed to select the location of Trieu Thuong 1 and Trieu Thuong 2 lakes (Trieu Phong district, Quang Tri province) to implement two energy projects sun on the water in Quang Tri Province. On January 24th, Shinhwa E&E Co., Ltd (Korea) had a meeting with Quang Tri People’s Committee on the occasion...

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Singapore Leads in Investment in Danang

Singapore is a reliable partner and a familiar investor for the Vietnamese market. Singaporean investors poured capital to invest in Vietnam, specifically Danang city. According to Danang People’s Committee, since the beginning of 2018, the city has granted 27 new FDI projects with a total registered capital of 7.29 million USD, reach 97% over the same period in...

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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...

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Foreign Direct Investment from CPTPP

Still familiar investors, but with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) expected to come into effect by the end of 2018 and approved by the National Assembly on November 12th, there will be a greater and more quality flow of capital poured into Vietnam. Two of the large foreign direct investment (FDI) projects registered...

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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...

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Potentials in Vietnam – Poland Agricultural Cooperation

Both countries have strength in agriculture sector, opening up many prospects for Poland enterprises to set up business in Vietnam and vice versa. Vietnam is one of 14 important markets in the world for enterprises in the Polish food and agriculture sector. Moreover, Vietnam has been identified as a priority market for Poland’s future cooperation with wide open...

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