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Update news FDI
VietNamNet Bridge - Vietnam wants to attract foreign direct investment (FDI) mostly from the fields of manufacturing/processing, service and logistics, agriculture, tourism, education and tourism.
Foreign portfolio investment (FPI) will no longer be the main driver to attract foreign capital to Vietnam in the second half of 2018 as it was in the first six months of the year.
Vietnam welcomes foreign investors, hoping that their capital and technology will help improve the country’s industry, but technology transfer has been disappointing.
Japanese enterprises are entering the Vietnamese market gradually by buying into Vietnamese enterprises and cementing their positions in business fields with stable growth.
European firms remain optimistic about the business environment in Vietnam, according to EuroCham’s latest Business Climate Index (BCI).
VietNamNet Bridge - Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.
The prime minister asked to organise a conference on 30 years of FDI focusing on summarising and the objective assessment of foreign-investment in Vietnam.
VietNamNet Bridge - Vietnam has been receiving big investments from Japan, Singapore and South Korea, and new capital from China.
VietNamNet Bridge - Investments from the US and EU bring modern technologies and high economic efficiency as their projects are in the fields of renewable energy, IT, education, healthcare, service, finance & banking, transport and tourism.
Attracting $31 billion worth of FDI (foreign direct investment), Binh Duong Province is the workplace for thousands of foreign specialists. However, their homes are not in Binh Duong, but in HCM City.
VietNamNet Bridge - Vietnam remains one of the few beer markets in the world which is still maintaining high growth. However, not all breweries have succeeded in the market.
VietNamNet Bridge - Finance technology solutions are growing rapidly in Asia Pacific. In Vietnam, all conditions are favorable to pave the way for the fintech market to boom.
VietNamNet Bridge - New World, Diamond Plaza and other imposing construction works are considered symbols of a dynamic HCM City.
VietNamNet Bridge - The authorities of many cities and provinces throughout the country have simultaneously launched ‘purification operations’ and sent notices with the aim of discovering “disappeared” enterprises.
VietNamNet Bridge - More foreign language centers are opening because of increasingly high demand. The quality of the centers, which can yield high profits, has been difficult to control.
While National Assembly’s deputies believe that allocating land for up to 99 years in special economic zones SEZs is not a good policy, the Ministry of Planning and Investment (MPI) still persists in its opinion.
‘Debtors’ in the future in Vietnam will regularly connect to the internet and buy goods online, while ‘lenders’ will be fintechs which can take full advantage of high technology to approach targeted clients and design reasonable credit packages.
VietNamNet Bridge - K.D, an 11th grader at a high school in Lieu Chieu district in Da Nang City, is one of the victims of school bullying.
The current conditions are all favorable for Vietnam to export rice: global demand is high while export prices are on the rise. However, the unstable domestic rice market still concerns exporters.
Two eighth-grade schoolboys from Trung Vuong Secondary School in Hanoi have won first prize at the city’s 2018 science and technology creativity competition for secondary school students, and a second national prize.