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Update news investors

Vietnam prepares to tee off national golf course plan

 VietNamNet Bridge – As golf has become an increasingly attractive sport here, as well as a lucrative component within the country's tourism industry, many foreign and domestic investors are rushing to build costly golf courses throughout Vietnam.

Investors in mired project call for decision

 VietNamNet Bridge – After an almost 21 year wait, the Hanoi People’s Committee has finally assigned competent bodies to issue answers regarding the future of the Red River project.

Vietnam capitalises on abundant sources of biomass energy

 VietNamNet Bridge – Biomass energy has emerged quickly in Vietnam, with interest in the energy source – which is ripe with potential - from both local business communities and the Government,

Gov’t approves key infrastructure projects

VietNamNet Bridge – The Government has given the nod to a number of major infrastructure projects nationwide, including those in the Thu Thiem New Urban Area in HCMC and a road linking Noi Bai-Lao Cai Expressway and Sa Pa Town

Incentives for inland waterway transport investors

 VietNamNet Bridge – The Ministry of Transport has unveiled a slew of incentives for private enterprises committed to inland waterway transport projects, including a 50% loan interest subsidy and a 30% land rent reduction.

Phu Quoc Airport lures investors

 VietNamNet Bridge – Heavyweight local investors are racing to secure the rights to operate the Phu Quoc International Airport in southern province of Kien Giang.

Big companies show fresh interest in agricultural sector

 VietNamNet Bridge – Ho Xuan Hung, chairman of the Viet Nam Confederation of Agriculture and Rural Development,

‘Tower of Babel’

 VietNamNet Bridge – Being in a middle-income country like Vietnam, investors should practice prudence when it comes to developing megaprojects. Business is business. Romance has no place in the profit-seeking business world.

Poor conditions discourage big investors in Da Nang

 VietNamNet Bridge – Poor infrastructure investment at Industrial Parks (IPs) and underdeveloped conditions at some Industrial Zones (IZs) have limited investment in Da Nang.

Santander and Deutsche Bank fail US 'stress tests'

 Santander and Deutsche Bank have failed a US "stress test" designed to assess whether lenders can withstand another financial crisis.

HCM City to check all apartment complexes as grievances soar

 VietNamNet Bridge – Residents' complaints have pushed the HCM City People's Committee to order a thorough inspection of all apartment complexes to discover any wrongdoing committed by investors and/or management boards.

Where should you put your money in the Year of the Goat?

VietNamNet Bridge – Feng shui experts say the “Prosperity” star still shines in 2015, the Year of the Goat. Therefore, if someone makes an investment in the year, especially in metals, he will see good results.

PTT wants Petrolimex to join refinery project

VietNamNet Bridge – Thailand’s PTT Public Company Limited, one of the two main investors of Nhon Hoi oil refinery complex, has proposed partnering with Vietnam National Petroleum Group to develop a multi-billion-dollar project

PM allows changes to industrial parks

 VietNamNet Bridge – Primer Minister Nguyen Tan Dung has permitted amendments to the development master plan for industrial parks in 31 provinces and cities.

Flexible monetary policy to continue

 VietNamNet Bridge – The State Bank of Viet Nam (SBV) must continue last year's successful management of its flexible monetary policy to assure economic stability in 2015,

Ben Thanh Tourist succeeds in IPO

VietNamNet Bridge – Ben Thanh Tourist Service Company sold 5.93 million shares to investors at its initial public offering last week at the lowest winning bid of VND21,000 each, double the starting price of VND10,500.

Improved business climate in the spotlight

VietNamNet Bridge – The newly amended laws on Investment and Enterprises promise to open up opportunities and improve the business climate in Vietnam, but worries over how strictly these laws will be implemented

Port operators' equitisation attracts foreign investors

 VietNamNet Bridge – Vietnamese seaports are attracting more interest from foreign investors following the Government's decision to sell bigger State stakes in these companies.

Road projects prepping for sale to investors

 VietNamNet Bridge – Viet Nam needs to invest in infrastructure while sustaining economic growth. So far, the State budget and official development assistance have contributed most of the funding for infrastructure development.

Garment companies brace for fierce competition from foreign firms

Vietnamese garment companies now live with the fear that they may be dislodged from the home market by foreign investors who have been flocking to Vietnam to take full advantage of free trade agreements (FTAs).