FDI

Update news FDI

Foreign investment reaches $10.5b

VietNamNet Bridge – Newly registered and additional foreign direct investment (FDI) capital in Viet Nam totalled US$10.5 billion in the first half this year, or a 16 per cent increase over the same period last year.

Law amended, FIEs escape suspended sentence

VietNamNet Bridge - Thousands of foreign invested enterprises have escaped from their suspended sentence because they did not make the re-registration as required by the Enterprise Law.

BUSINESS IN BRIEF 23/6

 Inter-bank interest rates stay low; Customs formality highly lamentable; HPT, Microsoft clinch strategic deal; Falling demand forces Vinacomin to ease coal production

BUSINESS IN BRIEF 18/6

 Vietnam, EFTA hold FTA negotiations; Largest poly-metallic mine to be operational soon; HAGL group builds airport in Laos; Dung Quat refinery imports 300th lot of crude oil

BUSINESS IN BRIEF 15/6

 Official calls for critical amendment to business law; Banks reluctant over bad-debt settlement plan; Hoa Binh province works to lure Indian businesses; Mekong Delta targets GDP growth of 12 percent

BUSINESS IN BRIEF 11/6

 Shrimp exporters move against US extra duties; Rolls-Royce eyes Vietnam market; Indian firm invests US$1.8 billion in Long Phu thermal power plant; EC to announce FTA impact on Vietnam

BUSINESS IN BRIEF 5/6

  VAFI calls for tax on trading of gold bars; Excess cement prompts production check; Survey condemns quality of companies' financial reports; VN Airlines announces new S Korea route

Vietnam emerges as leverage market for Thai investors

Thai investors have been flocking to Vietnam, the first step in its plant to conquer the ASEAN market.

BUSINESS IN BRIEF 4/6

 IDA Credits for better health care, R&D in Vietnam; Hanoi targets 8.5-9.45 pct growth in second half; Fuel traders petition ministry for another petrol price hike;  Local steelmakers call for action on anti dumping

BUSINESS IN BRIEF 3/6

 Many property projects seek new investors; Firms remain hesitant about energy labeling; Interest rate cap for seafood, livestock, chicken breeders; Improving public investment efficiency

BUSINESS IN BRIEF 2/6

 Petition filed against steel dumping; Binh Dinh to set up advisory group for oil refinery plan; SOEs pose threats for domestic economy; Authorities consider policy for property insurance contracts

Vietnam makes major FDI gains

VietNamNet Bridge – Viet Nam witnessed a surge in newly registered and additional FDI in the first five months of this year. Totalling US$8.51 billion, the amount was an increase of 8.9 per cent over that of the same period last year.

Ministry concerned with giant projects

Besides its happiness to receive billions of US dollars more from FDI projects that increase capital, officials showed the cautious attitude as the licensing of these projects can completely change the master plan.

Formosa wants to increase capital to $28.5 billion

 VietNamNet Bridge - If this proposal is approved by the Government and the People's Committee of Ha Tinh province, Formosa Ha Tinh will be the largest foreign-invested project in Vietnam.

BUSINESS IN BRIEF 28/5

 Door set to open for more foreign property buying; Mekong Delta pins hope on bumper rice crop; Making audit reports add up for firms; Ads on cell phones rising

A tough road ahead for Nhon Hoi oil refinery

VietNamNet Bridge – Experts say they are not quite sure about the feasibility of the Nhon Hoi oil refinery when asked about the prospect of the project.

Difficulties of local property developers mean opportunities for foreign investors

Foreign investors have been flocking to Vietnam to hunt for real estate projects, which is believed to help warm up the market. However, the market price would be forced down by 50 percent at least.

BUSINESS IN BRIEF 17/5

 World electronics forum opens in capital; Hai Duong's IZs absorb $3 billion; VN rises as smartphone producer; Steel industry set to apply new standard; New stimulus plan buoys stock market

FDI boosts tech transfers but performance can lag

 VietNamNet Bridge – While foreign investment is a good indicator of technology transfer in Viet Nam, such transfers do not necessarily improve performance,

Vietnamese labor force is cheap or expensive?

The Richest has put Vietnam into the list of the five markets with the cheapest labor cost in the world with $0.39 per hour. However, the actual labor cost could be higher.