Vietnam Trade Office in Canada

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...

The northern port city of Hai Phong planned to establish a number of new industrial zones (IZs) this year, head of the provincial management board of economic zones Pham Van Moi said. A part of Dinh Vu IZ in the northern province of Hai Phong. - Photo anhp.vn Among these zones are the 752ha Xuan Cau-Cat Hai industrial and non-tariff zone...

The northern port city of Hai Phong planned to establish a number of new industrial zones (IZs) this year, head of the provincial management board of economic zones Pham Van Moi said. Among these zones are the 752ha Xuan Cau-Cat Hai industrial and non-tariff zone worth more than VND14.1 trillion (US$61 million), and the 93.3ha Cau Cuu-An Lao IZ expected...

This year Vietnam continues to maintain macroeconomic stability amidst unfavorable international conditions. In a recent interview with VOV, Deputy Prime Minister Vuong Dinh Hue said this year the regional and international situations are forecast to undergo many unpredictable developments, challenging Vietnam’s economic growth. Therefore, Vietnam’s number one priority this year remains macroeconomic stabilization. Deputy Prime Minister Hue said, “Macroeconomic stability is...

The Bac Lieu Provincial People's Committee (PPC) has handed the Decision on investment policy of Bac Lieu liquefied natural gas (LNG) power project to Delta Offshore Energy Pte Ltd (DOE Singapore). This project including a power plant LNG fired with a capacity of 3200 MW on an area of 40 ha in Vinh Hau A commune, Hoa Binh district, a...