Investment attraction sa

HCM City (VNA) - VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of 10 million USD, aiming to continue its investment strategies in technology startups. The firm also publicised the fund’s first investment activities in Logivan and FastGo - the two prominent startups in technology solutions in the field of transport in Vietnam. Tran Nhat Khanh, Technology Investment Director of VinaCapital, said that the launch of the fund aims to enhance cooperation with engineers, scientists and innovators who use technologies to create solutions to difficulties in different areas, thus encouraging customers to apply new technologies to improving the economic efficiency for each individual and the whole society. The value of each investment can be up to 10 million USD with unlimited time for share holding. VinaCapital Ventures also gives enterprises that the fund invests in the … [Read more...] about VinaCapital launches venture investment fund

In addition to textiles, footwear, furniture, electronics, and agricultural and fishery products, Vietnam will have opportunities to attract investment to the retail sector, tourism, entertainment, education, health care, support industry, and logistics services, Loc said. Phan Duc Hieu, Deputy Director of the Central Institute for Economic Management (CIEM), affirmed that the Government has made great efforts to improve the business environment. … [Read more...] about Vietnam among top destinations for investment

Linda, an American tourist who came to Vietnam last July, said: "Tourists do not know where to spend money. When in need, I really do not know what to buy and where to buy products at reasonable prices because at every tourist destination I can see the same products but the prices vary several times." … [Read more...] about Hanoi trails regional tourist hubs in attracting visitors

The EU Parliament’s International Trade Committee (INTA) is expected to present a draft resolution of the EVFTA tomorrow. If the European Parliament accepts the resolution during its plenary session in February, the EVFTA will come into force one month later. … [Read more...] about EVFTA makes Viet Nam more attractive to EU investors: German media

Noteworthy projects in the period included the smart city project in Dong Anh district which costs more than 4.2 billion USD, invested by a joint venture between BRG Group and Sumitomo Corporation of Japan. Hong Kong’s BeerCo Limited spent 3.85 billion USD on acquiring a stake in Vietnam Beverage Co., Ltd, a local unit of Thai Beverage Public Co., Ltd. Meanwhile, Japan’s Meiko Electronics added 200 million USD to its facility. … [Read more...] about Vietnam’s FDI inflow up in ten months