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Egypt’s travel company invests $300 million in Vietnam

Egypt’s Wanna Explore Travel Limited has been licensed to provide services of operating tours and other direct support for air transportation in Vietnam.

Start-ups must ‘go global’, says Grab’s Vietnam chief

Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Vietnam Nguyen Tuan Anh has said.

Trade deals trigger foreign investments in Vietnam’s food sector

According to forecasts of BMI Research, Vietnam’s food industry is expected to achieve annual growth of 10.9% in 2015-2020.

Efficient resource utilization may help Vietnam GDP grow 9-10%

The public capital must be allocated based on market principles, said an expert.

Urban railway project to be delayed as cost increased

Hanoi People's Committee have proposed to delay the Nam Thang Long-Tran Hung Dao Urban Railway Project until 2027 after proposing increased project investment.

 

Four million-dollar projects land in Hoa Lac Hi-tech Park this year

The Hoa Lac Hi-tech Park is currently home to 91 projects which have combined investment approvals of over VND85.8 trillion (nearly US$3.7 billion).

Draft Law on Investment adds incentive sectors

Numerous sectors were added to receive incentives under the Draft Law on Investment to ensure it matches the new FDI strategy.

New policy can change owner limit approach

 Attracting international investment flows into state-owned enterprises by increasing foreign ownership limits will bring equal treatment between domestic and overseas investors. 

IFC, ADB pledge to continue support for Vietnam

The IFC and the ADB pledged to provide further support for Vietnam while meeting with Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh in Hanoi on November 7.

Framework mooted for stock listing

The Politburo recently issued a resolution paving the way for favourable conditions to attract and choose high-quality foreign direct investment into Vietnam. 

Vietnam to hit 2019 growth target early

Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.

Rang Dong to relocate factory to Hoa Lac High-Tech Park

Rang Dong plans to relocate its existing facility to Hoa Lac High-Tech Park to manufacture LED lights with the total investment of $34.78 million.

Japanese zipper-maker YKK to open second Vietnam plant

Japanese zipper-maker YKK will begin operations at its second plant in Vietnam in October, reported the Japan Times.

 

The State needs do more to attract private investment in railway infrastructure

The State must play a key role in investing in the national railway infrastructure to boost development and attract more private investment, experts have said.

HCM City seeks investment for HCM City-Moc Bai Expressway project

After reaching a consensus with the People’s Committee of Tay Ninh Province, the HCM City People’s Committee has petitioned the PM and Ministry of Transport for permission to call for investment for the HCM City-Moc Bai Expressway project.

Vietnam attracts $22.63 billion of FDI in eight months

Vietnam recorded $22.63 billion of foreign direct investment (FDI) registered in the first eight months of 2019, equivalent to 92.9 percent of the figure in the same period last year, according to the Foreign Investment Agency.

 

Opportunities to strike up partnerships with Australian companies

On the occassion of PM Scott Morrison's official visit to Vietnam, Vietnamese and Australian businesses had a chance to explore partnership opportunities.

Hot sectors for a breakthrough in M&A

Vietnam has been creating enormous opportunities for investors in M&A in sectors like retail, consumer goods, services, and manufacturing.

Policy reform is key to unlock Vietnam's M&A future

As new policies and trade deals change the focus of M&A inflows to Vietnam, the government needs to remove legal barriers and push SOE divestment.

Vietnam M&A Forum explores brand development post-M&A

At the third session of Vietnam M&A Forum 2019 experts explored how to find suitable strategies to build, protect, and develop brands.