initiatives kickstarted to bolster investment attraction

Initiatives kickstarted to bolster investment attraction

Vietnam has maintained a clear policy line to draw in foreign investment and develop the local private sector. Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc talked with VIR’s Nguyen Huong about how the country has maintained an attractive investment climate in recent times.
foreign investment inflows experiencing stable movement

Foreign investment inflows experiencing stable movement

Along with the positive business outcomes of foreign-invested enterprises in recent years and their decision to expand investments in Vietnam, long-term commitments are being confirmed.
haiphong named on map of vietnams billion dollar fdi projects in 2021

Haiphong named on map of Vietnam's billion-dollar FDI projects in 2021

Over the first three quarters of 2021, Vietnam has suffered great losses from COVID-19, with a harsh downturn in foreign direct investment (FDI) capital inflows. However, Haiphong has maintained growing capital inflows and was one of the provinces securing a billion-dollar FDI project.
nestle injects 132 million into vietnam to double coffee processing capacity

Nestlé injects $132 million into Vietnam to double coffee processing capacity

Nestlé Vietnam has just announced an additional investment of $132 million to double its processing capacity of high-quality coffee lines at Nestlé Tri An factory, Dong Nai province.
zuru group keen on investment venture in nghe an province

Zuru Group keen on investment venture in Nghe An province

Kiwi toy manufacturing and consumer packaged goods firm Zuru Group is considering an investment venture in Nghe An, the largest province in Vietnam’s North-Central Coast.
panasonic launches new factory in binh duong province

Panasonic launches new factory in Binh Duong province

Japanese tech giant Panasonic has completed a new factory in Binh Duong province in southern Vietnam and will start production and shipment of ceiling and ventilating fans from October 13.
vietnam eyes 324 per cent jump in outbound investment so far this year

Vietnam eyes 32.4 per cent jump in outbound investment so far this year

According to the latest statistics by the Ministry of Planning and Investment, in the first nine months of this year, Vietnam pumped $572.3 million of total investment into new and supplemental capital ventures abroad, a 32.4 per cent jump on-year.
japan based chubu to scoop up 20 per cent share in bitexcos renewable energy arm

Japan-based Chubu to scoop up 20 per cent share in Bitexco's renewable energy arm

Japan-based Chubu Electric Power Co., Inc. will purchase a 20 per cent stake in Bitexco Power Corporation, a subsidiary of Bitexco.
registered fdi up in nine months despite pandemic conference

Registered FDI up in nine months despite pandemic: conference

Despite COVID-19, foreign investors’ new capital registered in Vietnam reached 22.15 billion USD in the first nine months, up 4.4 percent compared to the same period last year, as heard at the Government Portal’s online conference held on September 27 with the participation of a number of localities housing foreign direct investment (FDI) projects.
southeast asia sees record number of deals completed in first half of 2021

Southeast Asia sees record number of deals completed in first half of 2021

Deal activity in Southeast Asia reached a new record at almost 400 deals in the first half of 2021, according to a report by Cento Ventures.
ninh thuan to select investors for lng power project via international bidding

Ninh Thuan to select investors for LNG power project via international bidding

Ninh Thuan People’s Committee has just released a decision on selecting investors for the first phase of the 1,500MW LNG Ca Na Power Centre through international bidding.
editors letter on the occasion of virs 30th anniversary

Editor's Letter on the occasion of VIR's 30th Anniversary

Reacting to the good wishes, encouragement, and suggestions for improvement on the occasion of VIR's 30th anniversary, the editorial board published a message to thank readers and media partners for their support throughout all these years.
pm urges establishment of special working groups to solve business difficulties

PM urges establishment of special working groups to solve business difficulties

The Government Office on September 24 issued Document No.6858/VPCP-KTTH on the prime minister's directions on the establishment of special working groups at ministries, agencies, and localities to solve difficulties and challenges facing businesses and people hit by COVID-19.
fdi businesses contribute ideas for production restoration in da nang

FDI businesses contribute ideas for production restoration in Da Nang

Representatives of foreign invested enterprises and business associations in the central city of Da Nang have made a number of proposals to the city on measures to recover production, one of which is to speed up COVID-19 vaccination for workers, in the hope of quickly resuming full production.
nine month fdi inflows up 44 percent despite covid 19

Nine-month FDI inflows up 4.4 percent despite COVID-19

Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4 percent year on year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment