FDI

Update news FDI

Vietnam relies on big projects when attracting FDI

 VietNamNet Bridge – The seven huge projects with the registered capital of over $1 billion made up nearly a half of the total foreign direct investment (FDI) capital registered in the last 10 months.

BUSINESS IN BRIEF 11/11

 Firms with bad debt can still seek new loans; Smartphone market share expands; Assoc. says cashew business needs not be conditional now; HCM City to host International Cycle Show 2013; Tra fish industry caught in a trap

BUSINESS IN BRIEF 8/11

Footwear exports aim for US$8 billion; ÆON Japan invests in Vietnam;  Businesses suggest tax, customs overhaul; FDI up 65.5% in 10 months; Hanoi to host 28th Asian Advertising Congress

BUSINESS IN BRIEF 7/11

 Huge potential for cooperation with Middle East, North Africa; Garment and textile exports to reach US$19 billion; 11 export items surpass US$2 billion; Gazprom considers liquefied gas provision to Vietnam

Foreign investors flock to the stock market

 VietNamNet Bridge – The authorities have granted nearly 360 individual transaction codes for foreign investors in the January-October period, 2.5 times higher than the same period in 2012.

Fighting against transfer pricing will be a violent war

 VietNamNet Bridge – The owners of international economic groups are always the wise businessmen supported by experienced accountants, lawyers and strategist. Therefore, it is not easy to force them to admit their transfer pricing behavior.

BUSINESS IN BRIEF 5/11

 Binh Duong attracts nearly US$1.2 bil in FDI; Seafood exports hit US$5.5 billion in 10 months; Nam Con Son pipeline brings 50 billion cu.m of gas ashore; Over US$200 mln for second lift-off oil rig

BUSINESS IN BRIEF 3/11

 VN Airlines to sell 2.7% stake in bank; Vietnam enjoys 26% surge in export to Canada; Promotion month launched in Hanoi; Investors concerned about corruption in Vietnam; PM opens up to world credit ratings

BUSINESS IN BRIEF 1/11

 VN strengthens investor protection, says WB; Phu Yen destined for Viet Nam Seafood Festival 2014; Vietnam-UK trade turnover sees strong growth; Vietnam seeks trade balance solutions; Vietnam opts for solid, feasible economic growth

BUSINESS IN BRIEF 30/10

 Seafood surge nets exporters $5.37b in first 10 months of 2013; Banks struggle to meet credit target; India eyes Viet Nam business partnership; SBV debt pledge fails to rally shares

BUSINESS IN BRIEF 27/10

 Exports to hit US$ 131 bln in 2013; Trade performance in first nine months reviewed; Hanoi fails to deal with abandoned land; Vietnam still has edge over Myanmar, VinaCapital; Green code for new buildings

Gov’t, Assembly wield differing views on economy

 VietNamNet Bridge – While the Government is fairly upbeat on the country’s economic outlook, the National Assembly casts a somber view on the lingering woes.

BUSINESS IN BRIEF 24/10

 FPT opens new office in Nagoya; Lotte increases stake in Bibica to 43.1%; Viet Nam prepares to make most of FTA; Saigon High-tech Park to boost exports; FDI projects in Vietnam touch US$110 billion

BUSINESS IN BRIEF 22/10

 Vietnam encourages investment in deprived areas; Banking sector audit shows mixed results; Exports increase in three quarters; Thanh Hoa rolls out welcome mat for Nghi Son EZ

Big leaps after 25 years of renovation

 VietNamNet Bridge – Nam has made achievements and progress in boosting up industrialization and modernization after 25 years of pursuing the “Doi moi” cause.

BUSINESS IN BRIEF 20/10

 Three banks to get bonds for bad-debt swap; HCM City firms in line for short-term SBV loans; Security application reaches 1m mobiles; Long An tops Delta investment; Vietnam-Russia trade to hit US$4 billion in 2013

BUSINESS IN BRIEF 19/10

 VN30 shares rise above domestic market growth; FDI wood exporters outstrip lagging domestic companies; Import tariff lines enjoy duty cuts; HCM City banks' bad debts still high

Hanoi seeks further $1.3b in FDI

 VietNamNet Bridge – The capital city will ramp up its efforts to create resources for investors, in an effort to attract US$1.3 billion in foreign direct investment (FDI) by the end of the year, according to the municipal People's Committee.

BUSINESS IN BRIEF 16/10

 October CPI likely to increase by 0.76%; Stock market boost expected from TPP; Local businesses going through crunch time; Southern economic hub to upgrade industrial parks

More FDI flows into science-technology

Foreign direct investment attraction in the January-September period has so far exceeded the year’s target and topped 15bil USD, a surge of 36.1% year-on-year, with a large amount seen flowing into science and technology,