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Update news FDI
VietNamNet Bridge - Vietnam, which is drafting a strategy on foreign direct investments (FDI) to 2030, has been advised to lure more investors from the US and the EU to diversify FDI capital sources.
China’s capital flow to Vietnam has grown slowly, but that is changing rapidly, analysts say.
The ministries of Transport (MOT) and Science & Technology (MST) plan to set up technical barriers to tighten the control of imported cars.
VietNamNet Bridge - Vietnamese are buying more property in Australia to have homes for their children studying in Australia, or to settle down in the country through investment programs.
VietNamNet Bridge - The Vietnamese stock market is in the “most optimistic situation in the last 11 years”, according to analysts.
The total value of M&A deals made in 2017 was 8.4 billion, according to IMMA (Institute of Mergers, Acquisitions, and Alliances). The sharp 45 percent increase in M&A value in comparison with 2016 shows strong interest from investors.
VietNamNet Bridge - A State Audit report shows that by December 31, 2016, the government’s foreign debts had reached VND947 trillion, or 39.8 percent of total debts.
Thirty years have elapsed since Vietnam ratified the Foreign Investment Law in 1987. Foreign investors committed to invest $312.9 billion by the end of 2017, of which $170 billion was disbursed.
Two out of eight wholly foreign-owned banks in Vietnam are from South Korea. Besides banks, many other South Korean corporations have contributed capital to, or cooperated with, Vietnamese banks.
VietNamNet Bridge - Local authorities are finding it difficult to prevent owners of foreign-invested enterprises (FIEs) from fleeing the country, leaving unpaid salaries and debts.
VietNamNet Bridge - Analysts believe that China will suffer the most from the US amended tax law, but Vietnam will also be affected.
More and more Chinese have been flocking to coastal provinces and cities in the central region, from Da Nang City to Khanh Hoa province, where they buy land, build hotels, and run restaurants.
VietNamNet Bridge - More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.
Vietnam has been warned that FDI flow to Vietnam could shrink as investors will head for the US, where the corporate income tax (CIT) rate has been cut from 35 percent to 21 percent.
Vietnam’s economy is changing quickly in the wake of the Fourth Industrial Revolution. Professor Nguyen Mai writes on how this revolution can impact the country, particularly in terms of foreign direct investment.
The prime minister has issued comments on the business conditions for golf course projects.
VietNamNet Bridge - Asian real estate developers have increased their presence in Vietnam, while European and American investors have remained indifferent to the market.
VietNamNet Bridge - Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?
Real estate ranked third among business fields which received the most FDI (foreign direct investment) capital in 2017, with $3.05 billion committed, accounting for 8.5 percent of total registered FDI capital.
Seafood, vegetables and fruit exports have had the highest growth rates of exports for many years, while Vietnam’s industrial exports by foreign invested enterprises (FIEs) have earned the most revenue.