HCM City lures foreign investors

HCM City has granted investment licences to 39 new foreign direct investment projects capitalised at a total investment capital of US$333.4 million and five with additional investment capital, according to Lu Thanh Phong, vice director of the city’s Department for Planning and Investment. However, Phong said this figure was still lower than the targeted $8.4 [...]

Bunka-Vietnam opens new shutter, door factory

Bunka-Vietnam Co Ltd inaugurated a new shutter and door factory, with a total investment of 6 billion JPY (64 million USD) at Thang Long II Industrial Park the northern province of Hung Yen last week. The factory will provide products to the Vietnamese market with an expected capacity of 100 shutters and 500 doors per [...]

Property industry expects 20bln USD in FDI

Around 20 billion USD worth foreign direct investment is expected to flow into the property sector this year, the Vietnam Tourism Property Association said. This represents an increase of 20 percent over last year and 50 percent of the total FDI expected this year. The Ministry of Construction said property firms have so far registered [...]

Dutch businesses eye Vietnamese market

The Netherlands Council for Trade Promotion (NCH) on February 25 organised a meeting between Dutch businesses and representatives of the Vietnamese embassy, entrepreneurs on the occasion of the Lunar New Year Festival. Participants discussed Vietnam’s new trade and investment policies and the possibility of cooperation. Addressing the ceremony, Van Gulick, Chairman of the Netherlands-Vietnamese Chamber [...]

Jan-Feb FDI down by 40 percent

The Foreign Investment Department has reported that in the year’s first two months, the country has licensed 88 foreign-invested projects with a combined capital of 1.6 billion USD, a decrease of 40.2 percent over the same period last year. Major projects included the US Skybridge Sea Co’s 902.5 million USD exhibition and trade centre and [...]

88 new FDI projects licensed in two months

The Foreign Investment Agency said 88 new foreign direct investment (FDI) projects were licensed in the first two months of 2010 with a total in registered capital of US$1.6 billion, equivalent to only 59.8 percent of last February’s figure. Of the projects, there are several major ones like the US-based Skybridge Dragon Sea with an [...]

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