Vietnamese Trade Counsellor Pham Quoc Anh addresses the workshop. — Photo VNA A workshop to introduce investment opportunities in Viet Nam was held in Kuala Lumpur on Thursday, drawing the participation of more than 100 representatives from firms in Malaysia. Themed “Promising investment spotlight: Why Viet Nam now?”, the event was organised by the Viet Nam–Singapore Industrial Park Joint Stock Company (VSIP) and the Trade Office at the Vietnamese Embassy in Malaysia. The workshop focuses on Viet Nam’s advantages and potential as well as the country’s business climate improvements and tax incentives. Opening the event, Vietnamese Trade Counsellor Pham Quoc Anh emphasised Viet Nam’s efforts in improving its investment climate, thereby drawing numerous foreign investors, including those from Malaysia. Malaysia is the eighth biggest foreign investor in Viet Nam. As of June, the country had invested over US$12 billion in 577 projects. Malaysia is … [Read more...] about Workshop on VN’s investment opportunities held in Malaysia
Investment opportunity
Workshop on Vietnam’s investment opportunities held in Malaysia
Vietnamese Trade Counsellor Pham Quoc Anh addresses the workshop (Photo: VNA) Kuala Lumpur (VNA) – A workshop to introduce investment opportunities in Vietnam was held on in Kuala Lumpur on July 26, drawing the participation of more than 100 representatives from firms in Malaysia. Themed “Promising investment spotlight: Why Vietnam now”, the event organised by the Vietnam – Singapore Indutrial Park joint company (VSIP) and the Trade Office at the Vietnamese Embassy in Malaysia, focused on Vietnam’s advantages and potential as well as the country’s business climate improvements and tax incentives. Opening the event, Vietnamese Trade Counsellor Pham Quoc Anh emphasised Vietnam’s efforts in improving investment climate, thereby drawing numerous foreign investors, including those from Malaysia. Malaysia is the eighth biggest foreign investors in Vietnam. As of June, Malaysia invested over 12 billion USD in 577 projects in Vietnam Malaysia is … [Read more...] about Workshop on Vietnam’s investment opportunities held in Malaysia
PM introduces investment opportunities to Canadian firms
Vietnam has recorded high economic growth, with import-export revenue reaching 425 billion USD, foreign investment hitting 37 billion USD in 2017, he noted. The Vietnamese leader said that foreign investors in Vietnam have satisfied with the investment efficiency in the country, especially the opening of the economy with the engagement in various free trade agreements. Prime Minister Nguyen Xuan Phuc speaks at the Vietnam-Canada business forum in Quebec on June 8 (Canada time) In March this year, Vietnam and Canada signed and are undertaking procedures for the ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Under the deal, Vietnam commits to removing nearly 100 percent of taxes, which means many Canadian goods will enjoy tax reduction and exemption in Vietnam. The PM added that Vietnam is restructuring State-owned enterprises, including those in important areas such as aviation, power, oil and gas, telecommunications, … [Read more...] about PM introduces investment opportunities to Canadian firms
Swedish firms seek investment opportunities in HCM City
At the working session (Photo: VNA) HCM City (VNA) – A delegation of leading Swedish firms in mining, finance-banking, hi-tech, construction, transport and logistics is on a visit to Ho Chi Minh City to seek investment opportunities in the southern economic hub. Representatives of Swedish firms expressed their wish to expand cooperation, and open offices in Vietnam, including Ho Chi Minh City, in the coming time, as well as to increase investment and FDI in Ho Chi Minh City during a meeting with Chairman of the municipal People’s Committee Nguyen Thanh Phong on April 24. Head of the delegation Jan Stjernstrom, who is Chairman of the Swedish Chamber of Commerce in Singapore, said his organisation has 300 member firms, adding that many Swedish businesses have cooperated with the Vietnam side, and some of those operating in HCM City – the economic hub of Vietnam. At the working session, Chairman Phong applauded Swedish firms’ active cooperation with HCM … [Read more...] about Swedish firms seek investment opportunities in HCM City
Alternative investment opportunities in Việt Nam
Viet Nam News by Brian Spence This week, we take a look beyond shares and bonds at some of the more unusual and potentially lucrative alternative investment opportunities. “Alternative” investments is a catch-all term for anything that is not shares, bonds, mainstream property or cash. Beyond these traditional asset classes, Vietnamese investors can invest in everything from stamps and fine wine. Of course, the fact that alternative investment opportunities exist does not mean these investments are safe or advisable. Before you even consider an alternative investment opportunity, you need to understand the risks. When you’ve understood some of the dangers, take a look at some of the alternative investment ideas below. All of them are available to Vietnamese investors, although not all are Việt Nam-based. We’ve put them roughly in order of risk, starting with the “safest” and ending with those you should definitely steer clear of. This is … [Read more...] about Alternative investment opportunities in Việt Nam