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Only 5% FDI projects in Vietnam use high technologies
Vietnam is home to 32,539 valid foreign direct investment (FDI) projects with registered capital of a combined US$381 billion, of which US$233 billion has been fully disbursed.
08:39, 2020/09/22
Hyundai starts building US$138-million automobile plant in Vietnam
The plant, considered one of the most important projects of Hyundai, is invested with an estimated VND3.2 trillion (US$137.44 million) and able to produce 100,000 vehicles per year.
00:51, 2020/09/20
Apple partner Pegatron mulls US$1-billion investment in hi-tech projects in Vietnam
These projects are expected to create 22,500 direct jobs and manufacture products that are supplied to Microsoft, Sony, Lenovo and Apple.
15:45, 2020/09/18
Singapore enterprises hold Vietnam business environment in high regards
In the first eight months of 2020, Singapore was Vietnam’s largest investor with US$6.54 billion, accounting for 33.5% of total commitment.
15:59, 2020/09/17
European investors propose US$1 billion logistics project in Vietnam
This is one of large-scale projects of European investors after the EU – Vietnam Free Trade Agreement (EVFTA) came into force in early August.
11:14, 2020/09/14
Vietnam ranked world’s second M&A attractive market: Euromonitor
The country is set to score 102 and 94.6 out of the maximum of 250 in 2020 and 2021, staying behind only the US with its respective scores of 108.9 and 112.5.
17:45, 2020/09/09
Samsung to shift operations to Vietnam after ending Tianjin TV production
The move would make Samsung's global production more efficient, stated the company.
12:15, 2020/09/08
Vietnam market big enough to match international investors' ambitions: PM
In addition to the ratification of new laws, Vietnam’s participation in high-standard FTAs ensures the country’s status among attractive investment destinations, Prime Minister Nguyen Xuan Phuc has said.
09:52, 2020/09/06
World major tech firms consider billion-dollar investment projects in Vietnam
In addition to current incentives, Vietnam also offers tailor-made ones for hi-tech projects that help local firms further integrate into global value chains, said a senior government official.
13:05, 2020/09/03
Vietnam remains attractive destination for Taiwan investors
Following the first wave of investment in the 1990s, a second wave from Taiwanese companies to Vietnam is taking place with a focus on electronics and hi-tech fields.
17:07, 2020/08/28
European business confidence in Vietnam stabilizes amid Covid-19
The overall Business Climate Index score saw a slight increase over the last three months.
17:02, 2020/08/28
Intel to set up R&D office in Vietnam national innovation center
The Vietnamese government hopes multinationals, including Intel, to support Vietnamese enterprises in joining global value chains.
09:43, 2020/08/27
JICA-supported startup program helps Vietnam draw more investment
Vietnam's startup ecosystem is thriving thanks to the market size of its economy.
13:35, 2020/08/26
FDI commitments to Vietnam down 14% to nearly US$20 billion in Jan-Aug
Year to August 20, 1,797 new projects have been approved with total registered capital of US$9.73 billion, up 6.6% in capital and down 25.3% in the number of project year-on-year.
12:05, 2020/08/26
Vietnam PM expects ASEAN among favorites for FDI from supply chain shift
The ASEAN business community could be a “safe haven” as some major multilateral institutions are under pressure to reform, said Prime Minister Nguyen Xuan Phuc.
16:34, 2020/08/25
Japan-based Eneos plans to acquire US$28-million stake of Vietnam Petrolimex
With Petrolimex share price of VND50,400 (US$2,17) apiece at the close on August 25, Eneos is set to fork out at least VND650 billion (US$28 million) to complete the deal.
16:17, 2020/08/25
Vietnam finance ministry proposes easing conditions for casino projects
The Vietnamese finance ministry expected an easing in conditions for casino projects would attract more investors in the field.
11:49, 2020/08/24
Vietnam records highest rate of SMEs in SE Asia looking for expansion in 2020
The majority of firms are looking to invest in technologies and employee’s skill development during the Covid-19 pandemic.
14:39, 2020/08/22
Finalization of legal framework needed to accelerate SOE privatization: Vietnam DPM
State firms that have completed the privatization process are expected to float shares on local bourses and create space for more foreign investors to invest in the local stock market.
11:34, 2020/08/21
Japan firms expect further streamlined investment procedures in Vietnam
The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues.
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