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Update news overseas investment
Vietnamese businesses have pumped more than US$1.6 billion in investment projects abroad this year, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Projects on Ly Son island prioritised; Retail petrol prices expected to fall further; Vietnam invests 19.1 billion USD abroad; Garment industry faces shortage in skilled workers; HCMC to become top garment, textile service center
VietNamNet Bridge – The Vietnam Oil and Gas Group (PetroVietnam) has invested in 17 overseas projects, mainly in the field of oil and gas exploration, an official has said.
Vietnam had invested US$19 billion in 890 projects in 63 countries and territories worldwide by July this year.
US life insurer enters Vietnam; National CPI rises 0.23% in July; India – leading pharmaceuticals supplier to Vietnam; Australian Bank sets up representative office in VN; Starbay resort project hears stern ultimatum
VietNamNet Bridge – A series of Vietnamese-invested projects in Laos and Cambodia are stalling because of the government mandate that state-owned corporations withdraw from non-core business fields.
Vietnam enjoys trade surplus with the US; Gloomy forecast for Vietnam’s coffee output; Trade promotion activities help firms boost exports; Creativity key for handicraft boost; Property firms warn of price hikes to boost sales
SBV releases new circular on overseas investment; Award honours best company reports; Viet Nam improves global rank in licence procedures; Walmart targets Vietnam as fruitful product source; Keeping market prices under control in 2014
LG Electronics to build $1.5b factory; Exports to Italy estimated at $2.2b; Paper expo to boost quality; New steel plant opens in HCM City; HCM City allows internet registration; Bank loans $152m for power cables
Traders overstock foods due to typhoon Haiyan; HCM City impatient with resettlement housing projects; Expert: Home loan rate of 3% impossible; POS transactions increase
FPT opens new office in Nagoya; Lotte increases stake in Bibica to 43.1%; Viet Nam prepares to make most of FTA; Saigon High-tech Park to boost exports; FDI projects in Vietnam touch US$110 billion
Peugeot announces its return to Vietnam; PetroVietnam increases investment in Russia; Thua Thien - Hue lures investment to IZs; Hanoi welcomes 5.12 million visitors in Q1
VietNamNet Bridge – Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced.
Petrol importers receive quotas; Nation ranks third in rubber; CMC Corp merges two telecom affiliates; Delta drafts plan for industry; Trading band to increase on both bourses