norwegian fund expected to lead seabank private share offering

Norwegian fund expected to lead SeABank private share offering

Southeast Asia Commercial Joint-Stock Bank (SeABank) plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor, signifying a significant bolstering of foreign investment.
public investment a bright spot to propel growth

Public investment: a bright spot to propel growth

Public investment has been a highlight of the economy in the first half of this year. Phi Huong Nga, director general of the Industry and Construction Statistics Department under the General Statistics Office, explains why it is the key enabler to drive growth for the rest of this year.
quang binh illustrates how to promote effective investment

Quang Binh illustrates how to promote effective investment

The provincial plan for the rest of this decade and investor commitment of billions of US dollars are forming the crucial foundations for a new development journey for Quang Binh.
malaysia secures 49 bln usd worth of investments

Malaysia secures 49 bln USD worth of investments

Malaysia’s trade performance continues to improve, driven by different investments including domestic direct investments (DDI) and foreign direct investments (FDI), said the country's Ministry of Investment, Trade and Industry (MITI).
positive signs in fdi inflows in h1

Positive signs in FDI inflows in H1

Despite a 4.3 per cent reduction in the volume of foreign investment inflows into Vietnam in the first half of the year, experts said there are positive signs when looking into the structure of the investment.
quang tri greenlights thanh an wind power to spearhead 74 million wind power project

Quang Tri greenlights Thanh An Wind Power to spearhead $74 million wind power project

In a stride towards expanding its renewable energy portfolio, Quang Tri People's Committee has green lit a second adjustment to the investment initiative for the Tan Hop wind power plant project, with the total investment approaching VND1.7 trillion (approximately $74 million).
real estate status puts paid to investment sharing apps

Real estate status puts paid to investment sharing apps

Previously grasping the psychology of investors who do not have enough financial capacity to invest a large amount in real estate, many applications to share investment in a property have all but disappeared from the market.
green investment requires collective efforts from all

Green investment requires collective efforts from all

Sustainability is taking centre stage in Vietnam’s development plan. Amanda Murphy, head of Commercial Banking for South and Southeast Asia at HSBC Asia-Pacific, discussed with VIR’s Luu Huong the pivotal role of public-private partnerships in facilitating green financing tools and emphasises the importance of clear policymaking for sustainable investments.
mpi highlights two gdp growth scenarios for h2

MPI highlights two GDP growth scenarios for H2

The Ministry of Planning and Investment (MPI) updated two scenarios in the second half of 2023 for Vietnam to strive for GDP growth of 6-6.5 per cent for the whole year, at the government's monthly meeting on July 4.
government teleconference with localities tasks for remaining months heavy

Government teleconference with localities: tasks for remaining months heavy

At the Government's teleconference with localities and the regular Cabinet meeting in Hanoi on July 4, the Ministry of Planning and Investment (MoPI) presented two growth scenarios for the third quarter and the whole year 2023, indicating that the tasks for the remaining months of this year are heavy, with a growth rate of 8.0 per cent or higher.
vietnam becomes preferred investment destination for japanese corporations

Vietnam becomes preferred investment destination for Japanese corporations

Vietnam has become a top choice for Japanese investors due to its strong economic growth, large consumer base, competitive labour costs, and favourable land rental rates.
localities push each other to lure in foreign investment

Localities push each other to lure in foreign investment

The year so far has witnessed many rising stars in attracting foreign capital across the country.
revenue rises remain tough despite budget surplus

Revenue rises remain tough despite budget surplus

Despite a surplus in the state budget this year so far, both revenues and expenditures are contracting in many economic sectors, with the former outnumbering the latter due to a lower-than-expected pace of developmental investment.
taiwanese investors spread their wings in vietnam

Taiwanese investors spread their wings in Vietnam

Taiwanese investors are taking a leap of faith in Vietnam through substantial direct and indirect investment across various sectors.
62 real estate projects in ho chi minh city fail housing standards

62 real estate projects in Ho Chi Minh City fail housing standards

In Ho Chi Minh City, 62 real estate developments have been reportedly flagged by the Department of Planning and Investment (DPI) for failing to meet the criteria set for commercial housing projects. The revelation has triggered investor anxiety, particularly among those who have already staked significant financial resources in these projects. Some of the developments have been occupied for years, despite not satisfying requisite standards.