Vietnamese investors pour over $3.3b in Laos

Six investment projects capitalized at $410 million were signed at the Vietnam-Laos Investment Cooperation Conference held in Vientiane capital, Laos on September 10. The conference was co-chaired by Vietnamese Prime Minister Nguyen Tan Dung, and the prime minister of the host country, Thongsing Thammavong. At the conference, five projects of Vietnamese enterprises have been granted [...]

14 European countries invest in Hanoi

Fourteen European countries have invested a combined implemented capital of US$500 million in Hanoi and created jobs for 9,000 locals. According to the Hanoi People’s Committee, the city is calling on businesses to invest in high-quality services, financial centres, banking, trade, the electronic industry and information technology. It is also giving priority to businesses building [...]

Firms to offer taste of France

A French business delegation, including four companies specialised in corporate information technology, is coming Vietnam on Monday seeking business partnerships. French Trade Commission UBIFRANCE in Vietnam said representatives from ESI Group, MEGA International, SYSUN Technologies and Worketer would visit Hanoi and Ho Chi Minh City from September 12-14. This initiative will reinforce the links between [...]

Multi-million dollar projects abandoning Vietnam

The underdevelopment of supporting industries in Vietnam has been cited as the reason why foreign investors develop their multi-million dollar projects in other regional countries, instead of Vietnam. Vietnam “short of breath” in the race with neighbors Japanese Ambassador, Mitsuo Sakaba, said he was shocked when hearing that the percentage of parts and accessories provided [...]

Hanoi offers opportunities for European investors

The Hanoi authorities will create the most favourable conditions for investors to do business in the city, contributing to making Hanoi a city of peace, friendship and dynamic development. Addressing a meeting held by the European businesses community in Hanoi on September 9, Chairman of the Hanoi People’s Committee Nguyen The Thao affirmed the authorities [...]

Thai businesses increase investment in Vietnam

Thailand’s Charoen Pokphand (CP) Group has planned to invest nearly US$100 million in the 2012-2013 period and US$70 million a year later to raise the number of factories producing foodstuff for cattle in Vietnam from 5 to 10 by 2014. Jittisart J. Sakulchai, General Director of the group’s branch in Vietnam, said the plan aims [...]

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