Foreign investment definition

On September 9, the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT), the Vietnam Trade Office in Japan, and the Japan External Trade Organization (JETRO) held an online trade conference to connect investment between Vietnam and Japan with the participation of hundreds of enterprises from the two countries. At this event, Director General of the Vietnam Trade Promotion Agency Vu Ba Phu affirmed that Japan is always one of the major investors in Vietnam in both terms of the number of projects and the total investment capital. According to Mr. Vu Ba Phu, the wave of Japanese investment in Vietnam has constantly increased in both the number of enterprises and investment capital. Specifically, in 2018, Japan led the list of countries investing in Vietnam with US$8.59 billion, accounting for 24.2 percent of the total investment capital among 112 countries and territories with investment projects in Vietnam.  By the end of 2019, more than 2,000 Japanese … [Read more...] about Japanese investors expand investment in Vietnam

The representative of the European Chamber of Commerce in Vietnam (EuroCham), said that Vietnam, particularly Hanoi, is an attractive investment destination. EU companies are interested in investment in Hanoi, hoping that the city will make new steps in administrative reform and information update to facilitate investors’ decision-making. … [Read more...] about Hanoi grants investment certificates to 229 projects totalling $17.6 billion today

Phúc also appreciated the Government of Japan's support for overseas supply chain diversification and expressed his pleasure to know among the 30 Japanese enterprises that received the government’s first support, there are 15 firms that wish to expand their investment in Việt Nam. … [Read more...] about Prime Minister welcomes Japanese firms’ investment in Việt Nam

Foreign investors have not paid much attention to Vietnamese stocks because the local market is still at the frontier level, while accounting standards are very different from international ones. Foreign funds will be drawn if market prospects are good and profitable. — VNS … [Read more...] about Local ETFs draw foreign attention

Hanoi (VNS/VNA) - The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million. The issuance helped boost the value of certificates listed on the Ho Chi Minh Stock Exchange to 1.483 trillion VND (63.9 million USD) from 1.48 trillion VND. As of September 6, the net asset value (NAV) of the fund was 1.9 trillion VND, equal to 12,884.58 VND (0.56 USD) per certificate. The fund debuted on HoSE on May 12 at 11,693.36 VND per certificate with charter capital of 102 billion VND. The fund has recently become a target for foreign investors, especially Taiwan-based investment fund CTBC Vietnam Equity Fund. The Taiwanese fund will buy 21 million certificates of VFMVN Diamond between September 7 and October 6. The Taiwanese fund in late August reported it had raised 160 million USD to invest in the Vietnamese equity market, targeting high-potential listed companies … [Read more...] about Local ETFs draw foreign attention