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The R&D center in Hanoi, scheduled to be completed by late 2022, would be Samsung’s major R&D hub not only in Vietnam but also the whole of Southeast Asia.

Vietnam needs more efforts to lure new FDI wave

While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities.

Heineken Vietnam invests additional US$70 million in Vung Tau factory

The southern coastal province of Ba Ria-Vung Tau has recently allowed Heineken Vietnam Brewery - Vung Tau JSC to increase its investment capital from 312.5 million USD to 381.3 million USD.

PetroVietnam in need of investment capital

Demand for investment capital at the Vietnam Oil and Gas Group (PVN) and its member units for 2018-20 was estimated to reach VND620 trillion (US$26.7 billion), PetroVietnam Securities Inc (PSI) recently announced.

 

More Vietnamese startups choose other countries to set up headquarters

Repeated warnings have been given in the last two years about the growing tendency of Vietnamese registering businesses in other countries such as Singapore and Thailand.

Investment from insurance industry up by 500% over 10 years

VietNamNet Bridge - The insurance sector has seen one of the highest growth rates in the last 10 years, as total investment capital from the sector to the national economy increased sharply by 500 percent in 2006-2015.

Vietnam sees great opportunities as US businesses leave China

VietNamNet Bridge - One out of every four US businesses in China have left or have plans to leave China. And Vietnam could be the next destination for them.

Multibillion-dollar projects exist on paper only

Over 20 mammoth multibillion dollar foreign-invested projects have been licensed in the country, with 11 in 2008 alone. These include 13 real estate and steel projects, many of which have had their licenses revoked or are still on paper only.

Time to develop coastal resort

VietNamNet Bridge - Investors believe that the great investment opportunities for the second half of the decade lie in the resort real estate market.

HCM City to spend trillions of dong on wastewater treatment plants

VietNamNet Bridge - As only six percent of wastewater in HCM City is now collected and treated, HCM City will need to build more than 10 wastewater treatment plants to help clean several canals.

Electricity price in nuclear power-era remains unpredictable

VietNamNet Bridge - Experts said they still cannot predict the cost of electricity production in the next 10 years, when Vietnam develops nuclear power, but said that nuclear power would not be the main source of electricity supply.

Land price hike a financial burden on Long Thanh airport investors

Estimates for site clearance for the proposed Long Thanh airport project are VND20.7 trillion, but analysts believe the costs would be even higher as land prices in the area have been increasing rapidly.

VinaCapital claims $4b casino project near realisation

Vietnam-focused asset management firm VinaCapital states that it will soon conclude partnership negotiations with a foreign partner for the long-delayed $4 billion South Hoi An integrated casino resort in central Quang Nam province.

Ministry revises 2013 FDI figure

 VietNamNet Bridge – A 36 per cent increase or US$22.34 billion in foreign direct investment (FDI) was registered in 2013, the Ministry of Planning and Investment's Foreign Investment Agency's revised report noted.

Electricity industry seeks more investment capital

 VietNamNet Bridge – Capital demand for building infrastructure of the electricity industry is increasing, but the industry still has difficulty in gaining access to it, stated Electricity of Viet Nam (EVN).

Vietnam issues CO2 emission credits

VietNamNet Bridge – For the first time, Vietnam has issued 510,952 emission credits for the project on the Vietnam livestock biogas program.

Vietnam turns its wind power dream into reality

On May 29, the Bac Lieu wind power plant began providing electricity to the national grid from the 10 turbines with the total capacity of 16 MW. The Vietnamese wind power dream has become realistic.

Baht appreciation prompts Thai investors flock to Vietnam

Thailand had not been listed among the biggest foreign investors in Vietnam until recently, when more and more Thai projects have been announced.

Trillions dong spent to build ports which have been left idle

VietNamNet Bridge – Some seaports have been built to serve the plan on relocating ports from the inner city to the suburbs. However, many of the newly built ports just have been left idle.

Technology firms do make-up to catch the eyes of foreign investors

VietNamNet Bridge – Technology startups have been trying to attract the investments from venture capital funds or sell stakes to foreign firms, because they need capital to develop.