Foreign invested company

US$38.02 billion is the total amount of registered capital of new FDI projects, increases in the capital of ongoing projects and stock purchases by foreign investors in 2019 - the highest annual result in the past 10 years. Investment registration certificates were granted for 3,883 new projects with total capital of US$16.75 billion, equivalent to 93.2 percent of 2018’s result. … [Read more...] about Bright 2020 prospects for foreign investment in Vietnam

The electricity sector attracted the bulk of the investment -- $4.04 billion -- according to the Foreign Investment Agency (FIA). The manufacturing sector was second with $856.3 million followed by technology and wholesale and retail.   … [Read more...] about Foreign investment rises nearly 180 pct

Foreign investment inflows posted triple-digit growth (179.5%) to US$ 5.3 billion in January, the General Statistics Office (GSO) on Wednesday. Meanwhile, disbursed volume of foreign investment was estimated to increase by 3.2% to US$1,6 billion compared to the same period last year, according to the GSO. The number of newly-established enterprises decreased by 17.9% to 8,276 but the registered investment capital rose 76.8% to VND 267.2 trillion. The GSO said total export-import value was estimated to dip by 12.9% against the same period last year to US$ 38.1 billion, of the total figure, export revenue was estimated at US$ 19 billion. Foreign arrivals rose to unprecedent high of nearly two million, statistical data shows. … [Read more...] about Foreign investment inflows post triple-digit growth in January

Can Tho (VNA) – Can Tho has a lot of advantages for foreign businesses to invest in the Mekong Delta city, Chairman of the municipal People’s Committee Le Quang Manh said while meeting with Motoyuki Nakamura, director general of Tri Viet company, on January 30. Manh said many Japanese companies are interested in Can Tho, but the number of businesses investing in the city has yet to meet expectation due to their concerns about transportation, logistics and transport costs. To ease these concerns, the official announced key investment projects being carried out in the delta. He said the Trung Luong-My Thuan expressway will be opened to traffic by the end of 2020, while the construction of transportation routes connecting the region’s coastal corridor is also underway. Most recently on December 21, Can Tho international airport had two more air routes to Taiwan and the Republic of Korea. Can Tho is scheduled to expand the air route connecting with Japan’s Tokyo … [Read more...] about Can Tho possesses many advantages for foreign-invested firms: official

Local businesses have obvious strengths like having lands available and understanding of legal procedures but suffer from weaknesses such as lack of resources, professionalism and transparency. — VNS … [Read more...] about HCM City property market a magnet for foreign investors