Update news capital
A lot of venture investment funds have been set up in Vietnam. However, due to many reasons, the venture funds still cannot make adventurous investments as per their nature.
A lot of Vietnamese businessmen now plan to march towards Myanmar, an emerging potential market.
The Ministry of Information and Communication (MIC) is thinking of a special mechanism which encourage domestic firms develop Internet services such as social networks or search engines.
VietNamNet Bridge – While the real estate market gets frozen, multi-million dollar villas still can be sold well. It’s now the right time for the “big guys” to buy luxurious villas, as they have become cheaper than ever.
The lack of investment capital and gloomy domestic market have brought golden opportunities to foreign investors to buy real estate projects for knock-down prices.
Unlike 2012, commercial banks now can easily mobilize capital from the public. However, the capital flow has got stuck, because banks cannot push up lending.
Involved parties still argue about how “high technology projects” means.
VietNamNet Bridge – More and more hydropower plant projects have been drawn up by investors, who have heard that Vietnam is thirsty for power for its industrialization process.
Commercial banks have warned that the credit flow may get stuck when the new regulation on debt classification takes effects on June 1, 2013.
All localities have geared up for the race to lure more foreign investors, especially when economists have predicted a new foreign direct investment wave heading for Vietnam.
Vietnamese enterprises have geared up to prepare to boost their exports to the Japanese market – the market which is believed to open more widely after the official visit by the newly elected Japanese Prime Minister Shinzo Abe.
VietNamNet Bridge – The banking sector has become boisterous with a lot of big shareholders selling their shares in big quantities to quit the business field. Meanwhile, a lot of hidden “big guys” have jumped on the bandwagon.
The expanded investment projects will also be able to enjoy the investment incentives like the ones given before to the initial projects, if the proposal of the Ministry of Finance (MOF) is ratified by the National Assembly.
The foreign direct investment (FDI) in the real estate sector in HCM City decreased sharply in 2012. However, experts say this is not bad news at all.