The Government’s Decree 86/CP, which took effect on August 1, is expected to stimulate investment in education with a new regulation allowing foreign-funded schools to enroll more Vietnamese students. Pupils at the British International School Hanoi (Photo: nordangliaeducation.com) The decree raised the ceiling for the rate of Vietnamese students at kindergartens, primary, secondary and high schools to 50 percent from the previous quotas of 10 percent for the primary level and 20 percent for secondary and high schools. Troy Griffiths, Deputy Managing Director at real estate company Savills Vietnam, said with a young population of over 94 million, Vietnam has advantages to develop the education sector. He said Ho Chi Minh City is among 27 cities worldwide which house more than 50 international schools, adding that it reflects the big appeal of the local education market. The limit on Vietnamese student enrollment was once a barrier to overseas capital flow into the … [Read more...] about Decree 86 expected to fuel foreign investment in education
Vietnam foreign investment agency
Foreign investment in Vietnamese projects surges
According to the Foreign Investment Agency under the Ministry of Planning and Investment, foreign direct investment (FDI) commitments in the first eight months of the year totaled US$24.35 billion, up 4.2 percent year-on-year. Notably, overseas players spent US$5.28 billion on acquiring shares in Vietnamese companies in the first eight months, shooting up 50.9 percent year-on-year. The amount of capital contribution and share purchase in some provinces and cities have exceeded those in newly registered and additional capital. For example, in the first half of the year, there were 915 enterprises and economic entities that enjoyed foreign capital through the purchase of US$1.4 billion in shares in Ho Chi Minh City, while direct investment reached US$375 million for 340 projects. Nguyen Noi, deputy director of the Foreign Investment Agency, said the amount of capital contribution and share purchase is actually much higher than the figure announced. The advantage of foreign investment in … [Read more...] about Foreign investment in Vietnamese projects surges
Foreign investment in M&A deals continues to increase
Despite a decrease in FDI volume, Vietnam continued to see soaring foreign investment capital in M&A deals in the first nine months of this year, with the total investment capital of $5.7 billion, up 36.8 per cent on-year. Foreign investors remain interested in Vietnam According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, generally, in the first three quarters of 2018, foreign investors spent a total of $25.37 billion to register new and added capital as well as to contribute capital and purchase shares, which is a 99.6 per cent increase over the corresponding period of 2017. Notably, as of September 20, 2018, the country granted investment certificates to 2,182 new projects, with $14.1 billion of newly registered capital, down 3 per cent on-year, and 841 capital adjustments with $5.5 billion, 82.1 per cent of the figure from last year. Meanwhile, overseas players spent $5.7 billion on acquiring shares in … [Read more...] about Foreign investment in M&A deals continues to increase
Vietnam may reach new foreign investment record in 2018
M&A deals stand behind most of the FDI capital to arrive in Vietnam in 2018 According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, generally, in the first eight months of 2018, foreign investors spent a total of $24.35 billion to register new and added capital as well as to contribute capital and purchase shares, which is a 4.2 per cent increase compared to the corresponding period of 2017. Notably, as of August 20, 2018, the country granted investment certificates to 1,918 new projects, with $13.48 billion of newly registered capital, up 0.2 per cent on-year, and 736 capital adjustments with $5.58 billion, equalling 87.2 per cent of the figure from last year. Meanwhile, 4,551 M&A deals were signed with the total investment capital of $5.28 billion, up 50.9 per cent compared to last year. As of August 20, 2018, 4,551 M&A deals were signed with the total investment capital of $5.28 billion, up 50.9 per … [Read more...] about Vietnam may reach new foreign investment record in 2018
Japan leads the way for foreign investment in Vietnam
According to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, foreign investors registered a total US$24.35 billion for new and existing projects and to buy shares in Vietnam during the period, a year-on-year rise of 4.2%. Up to August 20, US$11.25 billion worth of foreign direct investment (FDI) capital had been disbursed. Foreign businesses from 97 countries and territories have poured investment into 17 fields across 59 provinces and cities nationwide. The processing and manufacturing sectors attracted the lion’s share of investment with US$10.72 billion, accounting for 44% of the total registered capital. They were trailed by real estate with US$5.9 billion and the wholesale and retail sector with US$1.87 billion. The FIA reported that Hanoi took the lead in FDI attraction over the past 8 months with a total registered capital of US$5.93 billion, followed by Ho Chi Minh City with US$4.42 billion and Ba Ria-Vung Tau with more than US$2.17 … [Read more...] about Japan leads the way for foreign investment in Vietnam