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Vietnam’s FDI disbursement pace remains weak due to low capital absorption: Experts

Vietnam has a high volume of registered foreign direct investment (FDI) capital but the disbursement pace remains weak due to the country’s low capital absorbing capacity. This is an irremediable problem of the Vietnamese economy because of two major reasons, experts said. The first reason is that foreign invested enterprises (FIEs) registered to occupy their [...]

2012 to be Vietnam ODA disbursement year

Vietnam’s government working group of official development assistance (ODA working group) and development partners have chosen 2012 as the year of ODA disbursement, according to the local newspaper Bao Dau Tu (Investment). ODA disbursement in 2012 will be more positive than $3.65 billion in 2011, Bui Quang Vinh, Minister of Planning and Investment (MPI) said. [...]

Vietnam pledges improved conditions for US business

The Vietnamese government will improve investment environment and create favourable conditions for foreign businesses, including those from the US, to operate in the country while strictly implementing commitments reached by the two sides. The pledge was made by prime minister Nguyen Tan Dung at a reception in Hanoi on December 8 for a delegation of [...]

UK firms see potential in Vietnam market

Secretary of State for Business, Innovation and Skills Vince Cable and Foreign Secretary William Hague of the UK on December 7 launched a campaign to encourage British businesses to look for business opportunities in emerging markets in Asia, including Vietnam. The campaign is scheduled to be conducted between February 2012 and March 2013 by the [...]

UK firms eye Vietnamese market

Secretary of State for Business, Innovation and Skills Vince Cable and Foreign Secretary William Hague of the UK on December 7 launched a campaign to encourage British businesses to look for investment opportunities in emerging Asian markets, including Vietnam. The campaign is scheduled to be conducted between February 2012 and March 2013 by the UK [...]

FDI continues to flow into Binh Duong

The southern province of Binh Duong has attracted investment from many foreign companies despite difficulties in the world economy. In 2011, the province received additional US$889 million for 76 new and 118 existing projects, raising the total number of foreign investment projects to 2,054 capitalized at US$14.6 billion An official from the Japanese company Tokyo [...]

Vietnam set to improve investment environment

The Vietnamese Government will improve investment environment and create favourable conditions for foreign businesses, including those from the US, to operate in the country. The pledge was made by Prime Minister Nguyen Tan Dung at a reception in Hanoi on December 8 for a delegation of US businesses in Vietnam and guests who had engaged [...]

Da Nang calls for investment in tourism and service projects

Nguyen Ba Thanh, Secretary of Da Nang City People’s Committee on December 5 worked with Asian Business Association led by the chairman of H.I.S, Sawada Hideo seeking investment opportunities in the central city. At the meeting, 12 leaders of the association expressed their willingness to invest in tourism and information technology fields in Da Nang. [...]

JaPan commits JPY148.5Bln ODA for Vietnam in 2012

Japan committed to give JPY148.5 billion ($1.9 billion) in official development assistance(ODA) for Vietnam in the 2012 fiscal year, the Japanese Ambassador YasuakiTanizaki said at the opening ceremony of Consultative Group (CG) meeting on Dec 6. The actual amount of ODA may be higher in 2012, the Ambassador added. Vietnam need to speed up the [...]

FDI in real estate set to register five-year low

Foreign direct investment (FDI) in the Vietnamese real estate market this year is expected to be the lowest in five years. Investment has been slowing down since the beginning of the year, contributing to the market’s serious shortage of capital. Real estate has been the most attractive field in terms of FDI capital in the [...]

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