FDI

Update news FDI

Nations with high number of visitors to VN listed

 VietNamNet Bridge – The General Statistics Office released a list of nations and territories having more than 100,000 visitors travelling to Viet Nam.

BUSINESS IN BRIEF JAN. 14

 SBV releases new circular on overseas investment; Award honours best company reports; Viet Nam improves global rank in licence procedures; Walmart targets Vietnam as fruitful product source; Keeping market prices under control in 2014

Investment climate under reform pressure

VietNamNet Bridge – Despite 2013’s economic difficulties, Vietnam attracted more than US$21 billion in registered foreign direct investment, a 54.5% improvement on 2012.

BUSINESS IN BRIEF 4/1

 Gov’t intensifies crackdown on trade fraud; Restrictions on foreign currency tightened; No gov't back up for foreign loans; Manufacturing output rises at fastest pace, says HSBC; Vietnam attracts nearly US$22 bln in FDI

BUSINESS IN BRIEF 3/1

 Danang port handles first cargo of 2014; Wood exports top US$5.3bln in 2013; Japanese retailer Aeon opens first VN mall; Shares end the year on a high; Ministry cuts fees on trade activities; Viettel outdoes VNPT second year in a row

2013 – the year of transfer pricing and the “Samsung phenomenon”

VietNamNet Bridge –  2013 is a year worth remembering with the discovery of a series of transfer pricing cases and the presence of the big guy—Samsung, with the committed investment capital of $4 billion.

Nearly $25.5 billion FDI invested in central Vietnam

VietNamNet Bridge – In 2013, the provinces in the central region attracted 66 foreign-invested projects worth $1.5 billion, bringing the total foreign capital invested in this region to nearly $25.5 billion.

BUSINESS IN BRIEF 26/12

 IFC to invest in Vietnamese SMEs; Wood exports to pick up; Hanoi inaugurates its largest entertainment complex; Vietnam sees higher trade surplus; Vietnam ranks third in shrimp exports

Multi-billion dollar projects raise big worries

 VietNamNet Bridge – Local authorities all try to attract as many multi-billion dollar projects as possible, while they don’t care if the projects break the national development programs or bring benefits to the local economies.

New foreign portfolio investment cycle starts in Vietnam

 VietNamNet Bridge – The foreign portfolio investment has got ready for the disbursement into Vietnamese businesses.

Japanese still pour money into industrial projects

 VietNamNet Bridge – Japanese investors have poured more money into the service, retail finance and banking sectors, but they will continue focusing on industrial projects in Vietnam, experts say.

BUSINESS IN BRIEF 11/12

 Dairy sector looks to triple cattle population; HCM City petition targets capital transfers; Induction stoves popular as gas prices rise; Cashew exports reach $1.5bn annual target

The foreign capital flow unknown

 VietNamNet Bridge – The low stock prices and the strong recoveries of the national economy’s indexes in the fourth quarter of the year explains why Vietnam still can attract foreign capital.

Japan and South Korea eye Vietnam for production bases

In the first ten months this year, Japanese investors registered FDI capital of $4.8 billion, staying firm as the biggest foreign investor in Vietnam. However, South Koreans have also been marching towards Vietnam, with $4 billion.

BUSINESS IN BRIEF 7/12

 Vietnam to join TPP negotiations in Singapore; Lotte Mart inaugurated in Binh Thuan province; Vietnam determined to pursue multilateral trade mechanism; Donor assistance to Vietnam unchanged in 2014

Property FDI falls by half, projects top 2012 count

 VietNamNet Bridge – The local property industry attracted US$880 million in foreign direct investment (FDI) in the first 11 months of this year.

BUSINESS IN BRIEF 3/12

 Banking sector tops list of 1000 biggest tax payers; US$400 mil tyre factory inaugurated in Tay Ninh; Vietnam’s exports up 13 notches in WTO ranking; November’s industrial production up 5.7%

BUSINESS IN BRIEF 28/11

 2013 export turnover to hit over US$132 billion; HCM City pledges favourable conditions for Japanese investors; Vietnamese cashew nut exports rocket in 2013; HCM City crucial to Mekong growth

BUSINESS IN BRIEF 27/11

 Businesses optimistic about Vietnam’s economic outlook; Vietnam urged to utilise TPP advantages; Sumitomo red tape tangle delays power plant project; Ministries bombarded with complaints

FDI flow into Vietnam surges

VietNamNet Bridge – The total newly-registered and additional FDI capital poured into Vietnam in the first 10 months of this year hit 19.2 billion USD, a year-on-year increase of 65.5 percent, outdistancing this year’s target of 13-14 billion USD.