Vietnamese supporting industries have seen positive movements after Vietnam has more thoroughly embraced its diverse new-generation free trade agreements. Do Phuoc Tong, chairman of Duy Khanh Engineering Co., Ltd. based in Saigon High-Tech Park (SHTP), said that SHTP Management Authority has granted a license allowing the company to inject additional capital into its project on precise model manufacturing. “We have pumped...

Vietnam has maintained its third spot in the international ranking of logistics opportunities, according to the Agility Emerging Market Logistics Index in 2020. The six most promising logistics markets remained unchanged over year The 2020 Agility Emerging Markets Logistics Index indicates that the group of six markets identified by survey respondents as having the most promising logistics markets was unchanged in...

Vietnam is pushing ahead and removing obstacles in order to attract more investment into infrastructure development and meet the United Nations’ related Sustainable Development Goals (SDGs). Deputy Minister of Planning and Investment Tran Quoc Phuong told VIR that the ministry is expediting the collection of ideas and feedback from ministries, localities, and the business community to have “high-quality input” for...

Vietnam has maintained its third spot in the international ranking of logistics opportunities, according to the Agility Emerging Market Logistics Index in 2020. The 2020 Agility Emerging Markets Logistics Index indicates that the group of six markets identified by survey respondents as having the most promising logistics markets was unchanged in 2020. India and China maintain a marked lead in...

Investors’ confidence in Vietnam remains positive, backed by the country’s strong performance in foreign direct investment attraction since 2019, signalling an upbeat prospect ahead amid some concerns about negative impacts of the novel coronavirus outbreak. On February 3, Ba Ria-Vung Tau People’s Committee granted an investment certificate allowing HEINEKEN Vietnam to increase its total capital from $312.5 million to $381.3...

Vietnam is pushing ahead and removing obstacles in order to attract more investment into infrastructure development and meet the United Nations’ related Sustainable Development Goals (SDGs). Deputy Minister of Planning and Investment Tran Quoc Phuong told VIR that the ministry is expediting the collection of ideas and feedback from ministries, localities, and the business community to have “high-quality input” for...

Domestic and international private investors are expected to have fresh opportunities to join the long-awaited Long Thanh International Airport project in the near future, with the form of investment to be decided next month. The Vietnamese government last week issued Resolution No.07/NQ-CP on feasibility study of the first phase of Long Thanh International Airport, asking the State Appraisal Council (SAC)...

Registered foreign direct investment is exploding in Vietnam in January 2020, thanks to massive capital inflows from Singapore. As of January 20, the registered inflow of foreign direct investment (FDI) to Vietnam was $5.33 billion, suddenly jumping by 179.5 per cent on-year, while disbursed FDI was $1.6 billion, increasing by 3.2 per cent on-year. Most notably, more than 75 per cent...

Vietnam Coal and Mineral Industries Group (Vinacomin) has just announced an invitation to invest in Quynh Lap I coal fired Thermal Power Project (TPP) with a capacity of 1200 MW. For Quynh Lap I TPP Vinacomin holds 36% of enterprise charter capital and it invites domestic and foreign investors (at least two investors) to contribute 64% of remaining capital to...

Vietnam Coal and Mineral Industries Group (Vinacomin) has just announced an invitation to invest in Quynh Lap I coal fired Thermal Power Project (TPP) with a capacity of 1200 MW. For Quynh Lap I TPP Vinacomin holds 36% of enterprise charter capital and it invites domestic and foreign investors (at least two investors) to contribute 64% of remaining capital to...