A national wish-list on foreign direct investment attraction for 2021-2025 is in the making, with limitations in implementing similar lists in the past raising thorny questions on what must be done to charm foreign investors. Nguyen Duc reports.
Potential new initiatives of short selling and intraday trading are expected to be a bonanza for Vietnam’s stock market to attract a large sum of foreign funds amid furious falls in share prices spurred by the ongoing pandemic.
Foxconn’s rush expansion in Vietnam raise nosy that whether Apple will choose the country as the place to build nest.
The race in developing liquefied natural gas (LNG) plants has been heating up as new heavyweight players enter the segment.
In the first seven months of the year Vietnam saw an increase in overseas investment, creating high expectations for the remainder of the year.
An Phat High-Tech Industrial Park Company Limited’s takeover of the notorious Viet Hoa-Kenmark Industrial Zone (IZ) may revive the project to make An Phat a supplier of Samsung.
The investors have disappeared at a string of foreign investment projects, prompting authorities to officially terminate the projects in the forthcoming period.
Vietnam has very good achievements in foreign direct investment attraction, however, it needs to change its strategy and orientation to focus on the necessary sectors to improve efficiency.
Slovakia's BTG Holdings, the registered investor of a $500 million industrial park and related investment projects including a $116-million Budweiser brewery in the northern province of Hoa Binh, which is considered Asia’s biggest brewery, has disappeared since October 2017, leaving the project immobile.
Over the past 15 months, foreign investment inflows to Vietnam were growing in scale and took on diverse forms to tackle an increasing number of sectors, adding to the market’s “charisma” in the eyes of potential foreign investors.
The withdrawal of the $3.2-billion Vung Ro refinery and petrochemical complex shows that Vietnam needs to review large-scale projects and withdraw long-delayed projects, especially those of foreign direct investment (FDI).
A rising number of foreign investors reported eyeing the Vietnamese financial sector as it was rated among the country’s highest profit-generators.
The prime minister has once again requested the Dong Nai People’s Committee to report on the latest movements in the case of the runaway investor at South Korean-invested company KL Texwell Vina in Bau Xeo Industrial Park.
Vietnam continues to be a lucrative target for a raft of foreign investors in the first two months of 2018.
Vietnam is expecting a wave of Indian investment after the meeting between Prime Minister Nguyen Xuan Phuc and representatives of Indian firms in the framework of the ASEAN-India Senior Officials’ Meeting (SOM).