Foreign investment

Việt Nam always welcomes Japanese firms to expand investment in infrastructure, energy, manufacturing, high-quality agriculture, information technology, smart urban development, financial and banking services and innovation-based start-ups, as well as in joining the equitisation of State-owned enterprises as strategic partners, according to the Prime Minister. … [Read more...] about Prime Minister welcomes Japanese firms’ investment in Việt Nam

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

In a document sent to HDI Global inquiring about the firm’s clarification of its purchases of PVI Holdings shares from 2018, the SSC stated that as of January 31, 2019, the German company owned a total of nearly 126.3 million shares, or a 54.65 per cent stake, in PVI Holdings. … [Read more...] about HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations

Phuc 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 Viet Nam. … [Read more...] about Prime Minister welcomes Japanese firms’ investment in Viet Nam