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Update news foreign investor
Foreign investor commitments to developing billion-dollar projects in Vietnam so far this year promises a solid foundation in realising a $40 billion target in overseas capital for the whole of 2022.
The southern province of Tay Ninh has become a "promised land" for foreign investment, and at the same time, foreign direct investment (FDI) has contributed to the development of Tay Ninh's economy.
The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the total flow of foreign direct investment into Vietnam during the year.
Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.
Vietnam gives big incentives for FDI enterprises with the expectation that they will perform technology transfer in the country, but the fact is that only 20% of foreign firms were engaged in technology transfer in the past 5 years.
VietNamNet Bridge – Foreign direct investment could sharply jump in the second half of this year, after the amended Investment Law and Enterprise Law take effect in July 2015.
VietNamNet Bridge – Singapore has become the biggest foreign investor in HCMC with 719 operational projects worth nearly US$8.22 billion,
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VietNamNet Bridge – With investments of 3.6 billion USD in the first 10 months of the year, the Republic of Korea (RoK) has become the top foreign investor in Vietnam this year.
VietNamNet Bridge – The State Bank of Viet Nam (SBV)'s Circular 19/2014/TT-NHNN (11 August 2014) guides foreign exchange control of foreign direct investment activities in Viet Nam such as contribution of investment capital,
Automated customs system launched; Central bank adds to forex reserves; Industry minister grilled by NA deputies; Russia - Vietnam’s 18th largest foreign investor; Labour demand outstrips supply
VietNamNet Bridge – A newly-issued circular from the State Bank of Viet Nam would not affect foreign indirect investment (FII) in Viet Nam, according to experts.
Foreign jewelry firms are believed to lie in wait at the border gate, getting ready to enter the Vietnamese market once the country opens the gold market by 2018, when the import tariff would be cut to zero percent.
VietNamNet Bridge – Foreign stock investors still hope they can buy REE, FPT or VNM shares – the blue chips - one day, when the government accepts to lift the ceiling foreign ownership ratios in Vietnamese enterprises.
VietNamNet Bridge – A series of the “big guys” in the seafood industry are planning to sell stakes to foreign investors, which is considered a good way to seek capital.
VietNamNet Bridge – The Ministry of Construction’s idea of allowing foreigners to buy houses in Vietnam may not help warm up the frozen real estate market, because foreigners may not intend to buy houses once they are too expensive.
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.
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