“We strongly believe Novaland is well-prepared not only to overcome this difficult situation with our tested experiences and advanced planning, but also to thoroughly take advantage of the opportunities presented to us during this challenging period. We will work more diligently and harder to retain the invaluable trust of our customers, partners and investors in Novaland, and successfully achieve our mission and vision,” Huy said. … [Read more...] about Novaland attractive to foreign investors, why?
Attract foreign investors
Despite the direct impacts of Covid-19 on production and investment, the BIDV research team expects the epidemic will bring Vietnam opportunities to attract new FDI projects, because concerns about the epidemic will encourage investors to find new destinations for their FDI projects in China and its territories, such as Hong Kong and Macao. … [Read more...] about FDI attraction expected to grow five percent
The supporting industries in Dong Nai Province are divided into various groups, including fiber, yarn, and fabrics; electronic components, tools, and spare parts; equipment for all kinds of machinery; input materials for the footwear industry. Many world-famous corporations in the field of supporting industries are present in the province, such as Bosch, Hyosung, Fujistu, Schaeffler, Vision Group, Kenda, and Mabuchi Motor. The province has seriously selected FDI projects so the statistics in recent years showed that 50 percent of FDI capital into the country belonged to the supporting industries. The goal of the province in prioritizing capital attraction for the supporting industries is to provide input materials for many other enterprises in the province and gradually increase the localization ratio of export products. Therefore, it will be easier for enterprises to enjoy tariff incentives from effective free trade agreements that the country has signed. In the past years, in … [Read more...] about Dong Nai attracts investments in supporting industries
From the investor’s desk, this provision would be a significant factor affecting their capital flow since practically, for the execution of any PPP project, the investor shall have to avail funding from lenders. International lenders may have reservations on the mandatory application of Vietnamese laws as the governing law of related contracts, given the fact that the Vietnamese laws witness timely changes that are pertinent in developing legal systems. It would be challenging to reach agreements with lenders when proposing for the disbursement of funds, and it is subject to the consideration by the government and shall depend on the decision of the National Assembly. … [Read more...] about Invigorating investors with PPP draft
German companies expect the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Promotion Agreement (EVIPA) to improve the business climate in Vietnam in the long run. They could enjoy investment protection with trade facilitation and increase investment in Vietnam. For the mid-term, there will be many FDI flows for high-value projects in Vietnam. German investors will bring their famous technology in management and training to the country, allow more value-added production, and reduce the waste of materials and resources. … [Read more...] about Despite COVID-19, German companies hell-bent on investing in Vietnam