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Market brightens for industrial park developers

Things are looking up for the industrial park property market this year with many projects likely to be implemented with “multi-use” components, according to property service provider CB Richard Ellis (CBRE) Vietnam. Many developers believe IPs would be more successful with residential areas as well as industrial units, the company said in a summary of [...]

Moves to better manage FDI in property sector

The Vietnamese Ministry of Construction has required foreign-invested enterprises to report on their projects in order to build a plan for managing foreign direct investment in the property sector by May. The resulting plan would attempt to increase the quality of foreign investment, improve the efficiency of State management and also develop foreign investment in [...]

Hanoi IZs draw US$97.6 mln in Jan

Industrial zones in Hanoi have attracted US$97.6 million in foreign investment in the first month of this year. Of the amount, more than US$96 million was additional funding for two Japanese companies and a Thai business. Shoemaker O’shoe of Japan received a new licence with a total registered capital of US$1.95 million. By the end [...]

Dinh An EZ attracts 7 investment projects

The Tra Vinh provincial People’s Committee granted licences to the Ha Long Investment Group in January for three projects worth a total of VND24.5 trillion in the Dinh An Economic Zone (EZ). The projects include the Ngu Lac Industrial Zone, Duyen Hai urban residential area and Dan Thanh resettlement area covering more than 1,500 hectares. [...]

Israeli firms promote business in Vietnam

Israel ’s businesses want to invest in Vietnam , according to the Asia Pacific Market Department under the Ministry of Industry and Trade. Many Israeli companies have engaged in a number of investment projects in Hanoi , Khanh Hoa, and HCM City , such as Netafim’s projects on growing sugar cane in Thanh Hoa and [...]

More opportunities for Vietnamese businesses to invest in Myanmar

There are many opportunities to invest in Myanmar, says Vietnamese counsellor in Myanmar Tran Phuoc Anh. Discussing with Tuoi Tre (Youth) newspaper on Myanmar’s policies to encourage foreign investment, the diplomat said Myanmar government officials have pledged that Vietnamese businesses can receive investment licence in two weeks instead of six months provided that they have [...]

Dung Quat Economic Zone aims high

Dung Quat Economic Zone is set for a big boost. It follows news the country’s leading industrial park developer VSIP and Singaporean Sembcorp Industries have agreed to invest into the central Vietnam facility. Le Van Dung, deputy director of Dung Quat Economic Zone Management Authority, said the authority expected that there would be a plenty [...]

Vietnam Jan’s FDI attraction plunges 98 pct y-o-y

In January, Vietnam managed to attract foreign-direct investment (FDI) worth $37.3 million, which is only 2.5 per cent of the figure recorded at this time last year, according to the Ministry of Planning and Investment. During the first month of the year, 25 fresh projects were licenced with a total registered capital of $29.5 million, [...]

More foreign invested projects licensed in Nghe An

The central province of Nghe An has recently granted investment licenses to a number of new foreign invested projects. The projects include the BSE Vietnam electronics and telecommunications equipment factory invested by the Republic of Korea’s BSE Group at $30 million with an annual output capacity of 250 million products; the Tien Phong Plastic Company [...]

Dung Quat economic zone certifies 111 investment projects worth $8bln

Dung Quat economic zone has granted investment certificates for 111 projects with a total registered capital of $8 billion so far. In which, the realized capital is $4.8 billion (60% of the registered capital), the local newspaper DVT reported. Dung Quat economic zone has granted investment certificates for 111 projects with a total registered capital [...]