Update news foreign investors
Despite VN's recent efforts to improve the business environment, foreign investors still face several barriers such as administrative procedures related to land clearance and acquirement, according to business experts and insiders.
In addition to using contributions from FIEs, it's now the time to develop the private sector quickly and sustainably, VCCI (Vietnam Confederation of Commerce and Industry) deputy secretary general Dau Anh Tuan has stated in an article on VietNamNet.
Vietnam is regarded as an outstanding investment destination for high-value manufacturing with production capacity satisfying international investors, said Christopher J. Marriott, CEO of Savills Southeast Asia.
Foreign investors’ confidence in Vietnam remains stable amid global uncertainties.
Foreign investors net bought 1.642 trillion VND (70.33 million USD) worth of shares on the Unlisted Public Company Market (UPCoM) in the first six months of this year.
The retail market for mothers and kids is attracting large distributors amid rebounding demand after the pandemic.
The nation continues to pay close attention to and attaches great importance to improving the investment environment and creating favourable conditions in which foreign enterprises can conduct long-term production business in the country.
The stability of the VND-USD exchange rate helped Vietnam attract substantial attention from investors in the region, such as Thailand, Taiwan, and Singapore.
The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market.
Foreign capital is expected to return to Vietnam, where stock prices are the most attractive in the region.
The words of Prime Minister Pham Minh Chinh may be what remains foremost after the annual Vietnam Business Forum (VBF).
A 13-year confrontation between Vietnamese and foreign investors at a leading sweets manufacturing company has come to an end: the Vietnamese investor has acquired the entire company while the South Korean investor has left.
The increasing presence of foreign giants has put great pressure on domestic retailers.
Intel Corp. and Samsung Electronics Co. are both aiming to resume full operations of their HCM City plants by the end of November.
While a number of foreign companies have moved part of their production or orders to other countries, many said they still see Viet Nam as a good...