Vietnam- an attractive destination for US businesses

US businesses are very keen to invest in Vietnam and want to expand cooperation with Vietnamese counterparts in economics, trade and investment, especially when Vietnam’s macroeconomy is showing positive signs. This was released by the US-ASEAN Business Council at a press briefing in Hanoi on September 7, which drew the participation of nearly 40 US [...]

South Korea invests $23b in Vietnam

Korea International Trade Association (Kita) officially opened its representative office in HCM City on September 7. Mr Sagong II, chairman of Kita, said that the establishment of its representative office in HCM City will bridge for the further economic cooperation and exchanges between the two countries in particular and with Asean in general. Since 2010 [...]

Vietnam encourages Japanese investment in support industry

Vietnam is willing to introduce preferential policies to attract Japanese investment in support industry. Deputy Minister of Planning and Investment Dang Huy Dong affirmed this at two separate seminars on promoting investment in support industry, which were held by the Vietnamese Embassy in Japan, the Ministry of Planning and Investment, and Japanese partners, in Tokyo, [...]

Province aims to attract investment

The southern province of Bac Lieu will step up efforts to attract investment and improve competitiveness, according to its Plan on Social and Economic Development. Provincial People’s Committee chairman Pham Hoang Be said the plan, which covers the period from 2011-15, hoped to attract investment from all over the world. “We strive to create a [...]

Special incentives offered to Japanese investors

The Vietnamese Government has always appreciated the quality and efficiency of capital flows of foreign direct investment (FDI) from Japan. It recently called on Japanese businesses to increase investments to develop industries in Viet Nam, said Deputy Minister of Planning and Investment Dang Huy Dong. Making automobile components in a Japanese firm. Direct investment from [...]

Industrial park moves offset FDI downturn

Rising industrial park foreign investment is turning the page on a positive chapter in Vietnam’s sometimes hard luck investment story. Total foreign direct investment (FDI) commitments are declining in Vietnam, but new industrial park investment registration shows the country is still attractive to foreign manufacturers. Committed FDI into industrial parks nationwide from January to July [...]

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