Vietnam foreign investment down 32 pct in Jan-Feb

Vietnam has attracted foreign investment worth $1.56 billion in the first two months this year, including $86 million to expand existing projects, the Foreign Investment Agency has said. The amount is 32 percent down year-on-year and investment in new projects is also down 74.3 percent, the agency, which is run by the Ministry of Planning [...]

Additional 40 ‘outbound’ projects

Licences have been granted to 40 projects abroad with a total investment of US$200 million since early this year, said the Overseas Investment Department under the Ministry of Planning and Investment. Most of the projects focus on trade, services and production in markets such as Cambodia, the US, Germany and the Middle East. However, over [...]

Local firms eye lucrative foreign investments

The Foreign Investment Agency said 2010 would be a lucrative year for Vietnamese firms to launch projects and partnerships abroad. Anticipating a profitable year, the Hoang Anh Gia Lai Group, which has already invested in real estate in Thailand and Cambodia, plans to launch joint venture projects to build deluxe apartments and hotels and plant [...]

Businesses from Minnesota to seek trade opportunities in Vietnam

A delegation of businesses from the northern central US state of Minnesota will visit Vietnam from May 7-15 to seek trade opportunities and partners in Vietnam. The Minnesota Trade Organisation (MTO) said that during their stay in Vietnam, the businesses will attend workshops on the Vietnamese government’s policies and the country’s market. They will visit [...]

German companies pleased with business in Vietnam

Most of the German companies in Vietnam are satisfied with their business as well as the favourable investment environment and opportunities in the country. Addressing a seminar on Vietnamese economics held in the city of Frankfurt on March 15, Jan Noether, chairman of the German Chamber of Trade and Industry in Ho Chi Minh City, [...]

Vietnam, RoK Forecast Strong Growth

A seminar recently took place in Hanoi as part of the Vietnam-Korea Knowledge Sharing Program (KSP) to announce the final report on Vietnam’s development path and economic potential. Korean and Vietnamese experts taking part in the seminar predicted that Vietnam will achieve an annual economic growth rate of 7.5-8.5 percent for the next 10-15 years. [...]

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