foreign investment

Update news foreign investment

Iran to seek foreign investment in oil, gas industries at Davos

 Iran will urge oil giants to invest in its oil and gas industries at the ongoing World Economic Forum in Davos, Switzerland, local media quoted the oil minister as saying on Thursday.

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.

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.

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 12/11

 HCM City, Japanese firms ink semi-conductor MoU; Vietnamese Business Association launched in Tokyo; Speculative stocks attract foreign investment; Businesses debate thorny taxation issues

Associations make complaints about investment environment

Foreign businesses’ associations, representing foreign invested enterprises in Vietnam have warned that their member businesses may leave Vietnam, while domestic associations complain that their proposals have been ignored.

BUSINESS IN BRIEF 11/10

 Steel sector struggles to escape rut; VN pledges to adopt global mining standard; Experts promote sustainable aquaculture practices; Tea industry needs to plan for the future

PM mulling greater foreign interest in banking sector

 VietNamNet Bridge – Vietnam’s prime minister has confirmed that in the near future, the country might hike the foreign investment cap on local banks to a maximum of 49 per cent.

Big test for ageing economic system

 VietNamNet Bridge – The Pacific region stands on the verge of a historic trade agreement, in light of the Trans-Pacific Strategic Economic Partnership Agreement.

Foreign investment continues to rise into real-estate projects

 VietNamNet Bridge – While the domestic property market continues to stagnate, statistics show that foreign direct investment (FDI) into real-estate projects is on the rise.

Island set for major status upgrade

 VietNamNet Bridge – Phu Quoc, a popular tourism destination, is being primed to become a major development hub with a huge fillip in status as a centrally managed administrative and special economic zone by 2020.

Vietnamese films still struggle to meet expectations

VietNamNet Bridge – Almost two weeks after hitting screens nationwide, the heavily promoted Duong dua has been declared a flop, following in the footsteps of many other recent Vietnamese releases which have failed to win audiences' hearts.

Vietnam would take slower, wiser steps in attracting FDI

The head of the Ministry of Planning and Investment, when admitting that Vietnam has lagged behind the neighboring countries in attracting FDI, has reassured the public that Vietnam has become “wiser” in licensing foreign invested projects.

Vietnam considers hiring foreigners to manage airports

The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport to classify the airports into two groups for better calling for investment, and allow foreign investors to manage the airports.

Calling FDI into marine exploration: Killing two birds with one stone

A senior expert said the starting point of Vietnam's marine exploration is "comprehensive low." Vietnam should promote FDI in this area to help the industry overcome the current difficulties.

BUSINESS IN BRIEF 25/3

Seafood industry faces slow export growth; Province to scrap industrial clusters; $8 million animal feed factory opens; Banks favour Government bonds; Fund sells off stake in mobile retailer

Pizza war in high tide

The joining of Domino’s Pizza and The Pizza Company is believed to break the dominance of Pizza Hut on the Vietnamese market.

Investors rush to put money on high grade hospitals

The list of the investors, foreign and domestic, who decide to inject money in the healthcare sector, has been prolonged.