The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.

By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.

Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.

Vietnam Moc Bai Joint Stock Company under the Republic of Korea’s Taekwang Group will splash out over 261 billion VND (11.6 million USD) on a high-tech agricultural project in the southeastern province of Tay Ninh.

Additional loan agreements have been signed for the Hanoi train station-Nhon urban metro rail project, announced Nguyen Quang Manh, Director of the project`s management board at a recent meeting with the Ministry of Transport.

The Mekong Delta introduced 74 projects in need of investment at a conference held by the Vietnam Chamber of Commerce and Industry (VCCI)’s Can Tho branch in Can Tho City on November 20.

The Ben Tre Import Export Joint Stock Company held a ceremony to inaugurate Thanh Thanh Cong factory manufacturing canned coconut milk, the largest of its kind in Vietnam, in the Mekong Delta province of Ben Tre on November 19.

Cargill has been building its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD in the southern province of Binh Duong.

Financial assistance and proper information are among practical measures needed to maximise profit for enterprises exporting to Japan, according to experts.

The US and Latin American countries have huge demand for products made by sectors in which Vietnamese companies have advantages, but they need to study these markets carefully to enter them, a forum heard in HCM City on November 17.

Improved macroeconomic stability was likely to help Vietnamese banks curb new non-performing loans (NPL), Fitch Ratings said in its latest Asia-Pacific Banks Chart of the Month report on Vietnam.

The State budget could meet just 30% of the country’s financial needs for investment projects in the next five years, according to a medium-term development plan report by the Government.

According to recent report of the Foreign Investment Agency, under the Ministry of Planning and Investment, with total new and expanded investment of 6.2 billion USD through October 2015, the Republic of Korea (RoK) led in the largest foreign investor in Vietnam.

Commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market, according to Dau tu (Investment) newspaper.

Vietnam and Italy should actively build long-term investment strategies and prepare for changes that occur when bilateral, multilateral and especially Vietnam-EU free trade agreements take effect, Deputy Prime Minister (PM) Vu Van Ninh suggested at the Vietnam-Italy Strategic Dialogue in HCM City on November 8.

Vietnam invested a total of 2.4 billion USD in 18 projects in Russia by end-September, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam is likely to attract US$22-US$23 billion worth of foreign direct investment this year, thanks to a strong on-year surge of 40.8% to US$19.3 billion in registered foreign capital during the last ten months.

Singaporean Genesis Global Capital and Phuc Khang Corp signed an agreement on November 1 to develop a green residential building project in Ho Chi Minh City.

The impacts of the Trans-Pacific Partnership (TPP) on investment attraction and trade in Vietnamese localities was a major focus of a seminar held in the central city of Da Nang on October 30.

As traditional sources of energy like coal and petroleum are quickly becoming exhausted, resulting in high prices and unstable supply, Vietnam is seeking renewable resources and turning to solar power.

According to the General Statistics Office (GSO), as of October 20, the total foreign direct investment (FDI) poured into Vietnam in the first 10 months of this year was estimated to reach 19.3 billion USD, up 41% compared to the same period last year.

Japan-Mekong Business Cooperation Committee delegation head Yoshio Arakawa spoke highly of the investment climate in northern Ha Nam province during a meeting with the provincial People’s Committee on October 27.

The State Bank of Vietnam plans to apply the ISO 20022 standard – a universal financial industry message scheme – by 2019 to facilitate cross-border transactions of the banking system, especially when the ASEAN Economic Community (AEC) is formed by year’s end.