overseas investment

Update news overseas investment

Vietnamese firms invest over US$1.6 bil abroad in 2014

 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).

BUSINESS IN BRIEF 8/11

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

PetroVietnam overseas investment reaches $2.6bn

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 invests US$19 billion abroad

 Vietnam had invested US$19 billion in 890 projects in 63 countries and territories worldwide by July this year.

BUSINESS IN BRIEF 25/7

 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

Vietnam’s overseas investment projects caught in a shoal

 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.

BUSINESS IN BRIEF 31/3

 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

BUSINESS IN BRIEF JAN. 14

 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

BUSINESS IN BRIEF 21/12

 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

BUSINESS IN BRIEF 14/11

Traders overstock foods due to typhoon Haiyan; HCM City impatient with resettlement housing projects; Expert: Home loan rate of 3% impossible; POS transactions increase

BUSINESS IN BRIEF 24/10

 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

BUSINESS IN BRIEF 13/4

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

Vietnamese firms eye overseas investment

VietNamNet Bridge – Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced.

BUSINESS IN BRIEF 11/1

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