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Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
08:39, 2024/11/04
Quoc Oai contributes to transforming mountainous ethnic regions in Hanoi
Substantial investment by the Hanoi municipal government has resulted in relatively synchronized infrastructure, socio-economic development, and better living standards for ethnic minorities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
16:52, 2019/03/28
56% of foreign firms plan to expand operations in Vietnam: VCCI
More than half of foreign invested firms (53.1%) reported profits in 2018, while 36.7% suffered losses, roughly equivalent to levels recorded for 2017.
16:03, 2019/03/28
Vietnam’s overseas investment hits US$120 million in Q1
Spain took the lead among the 18 countries and territories where investors from Vietnam were active in the first quarter of 2019, accounting for 30% of the total.
16:25, 2019/03/25
UAE’s wealth fund IDC plans large-scale resort project in Vietnam
UAE has high demand for foreign workers and seeks cooperation in taking Vietnamese people to work in UAE, especially in the fields of tourism and hospitality, the governmental portal reported.
12:31, 2019/03/22
South Korea’s SK Group to invest US$1 billion in Vietnam’s Vingroup: Bloomberg
Recently, Vingroup has announced plan of issuing shares through private placement, aiming to raise at least VND25 trillion (US$1.1 billion).
12:14, 2019/03/22
Warburg Pincus plans acquisition of Vietnam’s Grand Ho Tram Strip casino resort
In 2017, analysts at Union Gaming Securities Asia estimated the gross gaming revenue of the Vietnam’s casino marketing at as much as US$1.2 billion.
17:36, 2019/03/19
Dragon Capital no longer major shareholder of Vietnam’s steelmaker Hoa Phat
The move came shortly after Hoa Phat announced its business plan for 2019, in which the group’s after-tax profit target was revised down by 22% year-on-year to VND6.7 trillion (US$288.74 million).
12:13, 2019/03/18
3M, Amazon, Qualcomm seek cooperation on technology and innovation with Vietnam
US enterprises are interested in Vietnam’s policies and initiatives towards developing a digital economy and the innovative startups.
11:17, 2019/03/15
Number of Russian companies eyeing Vietnam’s market increases every year: Expert
The complementarity between Vietnam and Russian markets would facilitate more investments and trade between the two countries.
11:13, 2019/03/12
US enterprises show greater interest in Vietnam
As the US – Vietnam relationship is growing strongly, the increasing presence of US companies in Vietnam shows their confidence in the country, VnExpress reported.
11:43, 2019/03/11
Vietnam’s Yeah1 to offload US-based ScaleLab after two months of acquisition
By offloading ScaleLab, Yeah1 is losing an opportunity to expand its presence in the global market, as ScaleLab’s full roster of 1,750 influencers encompasses over 400 million YouTube subscribers, and garners 3 billion views per month.
10:13, 2019/03/06
Japan’s Acecook considers boosting production capacity in Vietnam
Acecook expected cup noodles to account for 9% of overall sales in Vietnam in 2022, up four percentage points from 2017.
16:17, 2019/03/05
France’s Air Liquide to double investment in Vietnam
Vietnam would give priority to the energy sector, especially renewable energy; manufacturing and processing; supporting industries relating to the production of computers, phones, automobile and oil refinery, among others, which Air Liquide has advantage of.
12:10, 2019/03/05
Vietnam secures US$188 million loan to improve connectivity in northwestern provinces
The project will improve the road connectivity between the Noi Bai-Lao Cai Expressway and northwestern provinces of Vietnam, enhancing economic opportunities for some of the poorest people in the project area.
08:40, 2019/03/05
Vietnam stands above China as favorite business destination for Japanese firms
The reason behind such positive sentiment was the high percentage of Japanese firms in Vietnam reporting a profit, reaching 65.3%, up 0.2 percentage point year-on-year.
17:35, 2019/03/01
US's Key Tronic and UAC to invest combined US$240 million in central Vietnam
Key Tronic would invest in manufacturing facility worth US$70 million to produce 100 million car lights for export, while Universal Alloy Corporation Asia Pte (UAC Group) a US$170 million factory manufacturing aircraft components and parts.
10:19, 2019/02/22
South Korea’s unicorn Woowa Brothers acquires Vietnam’s food delivery Vietnammm
Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020.
16:52, 2019/02/21
South Korea’s Charmvit Group seeks Hanoi support for race-track complex project
Profit generated from the group’s previous projects in Vietnam would be utilized for the race-track complex project.
22:04, 2019/02/20
China’s Lenovo plans production facility in Vietnam
The facility is expected to cover an area of 20 – 30 hectares for computer parts production, which would later be exported to the US worth US$3 billion.
10:30, 2019/02/18
Japan’s Taisho Group to raise stake Vietnam’s DHG Pharmaceutical to 35%
At the current market price of VND93,000 (US$4.03) apiece, Taisho may spend about VND86 billion ($3.7 million) to buy the share amount in subject.
10:14, 2019/02/18
VinaCapital offloads Vietnam’s FPT stake worth over US$7 million to foreign investors
As stated by Vietnam Securities Depository (VSD), VOF Investment Limited, a wholly-owned subsidiary of VinaCapital, has transferred 3.05 million FPT shares to Australia’s Macquarie Bank and 500,000 to Florida Retirement System.
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