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EU trade talks progress may trigger Vietnam investment revival

Progress in free-trade talks between the European Union and Vietnam may trigger a resurgence of investment in the Southeast Asian nation from companies within the 27-nation bloc, the EU’s top representative in Vietnam said. Early headway in negotiations would boost interest in Vietnam even before an accord is signed, Ambassador Franz Jessen,...

Posted date: Tue, 26 Jun 2012 - From: Investment News

Japan leads FDI to Vietnam

Foreign direct investment (FDI) from Japan to Vietnam amounted to $4.159 billion in the first 6 months of the year, accounting for 65% of the total FDI in the period. Of note, out of the total $6.384 billion newly registered and expanded capital in the year -to-June 20, 100% foreign owned companies accounted for $4.639 billion or 73%. Also...

Posted date: Tue, 26 Jun 2012 - From: Investment News

Vietnam, Cambodia promote investment

The third Vietnam-Cambodia investment cooperation conference was held in the southern province of Kien Giang under the co-chair of Prime Minister Nguyen Tan Dung and his Cambodian counterpart, Hun Sen. The conference was part of activities in the Vietnam-Cambodia Friendship Year 2012 and celebrations of the 45th anniversary of the two...

Posted date: Mon, 25 Jun 2012 - From: Investment News

Chu Lai’s transformation is a lesson to other zones

Central Quang Nam province’s Chu Lai Economic Zone’s drive into an automotive industry hub is setting an example to economic zones nationwide. Domestic Truong Hai Auto Corporation last week broke ground of its $250 million auto engine manufacturing project in the zone, which will manufacture 20,000 engines each year under a technology...

Posted date: Mon, 25 Jun 2012 - From: Investment News

Vietnam maps out strategy to attract foreign investors

Vietnam is mapping out a pathway to a more developed supporting industry to enhance its competitive capacity. The Ministry of Industry and Trade’s (MoIT) drafted strategy, with a focus on attracting investment from small- and medium-sized (SMEs) foreign companies, has been sent to provincial and ministerial bodies for comment and outlines...

Posted date: Mon, 25 Jun 2012 - From: Investment News

Challenges and chances for Cambodia investment

The third Vietnam-Cambodia Investment Promotion Conference took place yesterday in the Mekong Delta province of Kien Giang’s Ha Tien Town, chaired by Vietnamese Prime Minister Nguyen Tan Dung and his Cambodian counterpart, Hun Sen. Cambodia is the second largest outbound investment market of Vietnam, with total investment worth US$2.36...

Posted date: Mon, 25 Jun 2012 - From: Investment News

Kien Giang province to attract investment

Prime Minister Nguyen Tan Dung stressed that Kien Giang province should take advantages of current policies, or build new ones if needed, to attract infrastructure investment, especially in irrigation systems and traffic facilities for agricultural development. He made the statement while working with key local leaders on the provincial...

Posted date: Mon, 25 Jun 2012 - From: Investment News

Ha Noi attracts $450m in 150 new FDI projects

HA NOI — The capital city has attracted 150 new foreign-invested projects worth US$450 million in the first six months of this year, representing a year-on-year decreases of 49.5 per cent in level of capital and 7.4 per cent in number of projects, according to the municipal Statistics Office. Most of these newly-licensed projects were small- and...

Posted date: Sat, 23 Jun 2012 - From: Investment News

Indonesia wants VN to invest in seafood

HCM CITY — Indonesia is seeking Vietnamese investment, especially in the fishing and seafood processing sectors in which it has great potential. At the Viet Nam – Indonesia Business Meeting held in HCM City yesterday by the Indonesian Consulate General, Indonesian and Vietnamese delegates said Indonesia's waters had huge fish stocks. The...

Posted date: Sat, 23 Jun 2012 - From: Investment News

Formosa Steel to boost investment

HA NOI — Taiwan-invested Hung Nghiep Formosa Ha Tinh Steel Co will increase its investments in cast iron refinery in the central province of Ha Tinh to US$10 billion from the current $8.9 million. A representative from the project's management board said it would become operational in May 2015 instead of 2014 as planned. He said the...

Posted date: Fri, 22 Jun 2012 - From: Investment News

HCM City seeks ADB loans for 11 key projects

The HCM City government has sent a proposal to the Ministry of Planning and Investment seeking preferential loans of the Asian Development Bank (ADB) for its 11 key projects in the 2013-2015 period. The 11 projects mentioned in the proposal included Metro Line No. 3A from Ben Thanh to Tan Kien, an hanging road along Nhieu Loc-Thi Nghe Canal,...

Posted date: Thu, 21 Jun 2012 - From: Investment News

Bac Lieu calls for more investment

BAC LIEU — Southern Bac Lieu Province is seeking foreign and domestic investment for key projects such as agricultural infrastructure development. Other initiatives include upgrading the Ganh Hao-Bac Lieu seaport, expected to cost VND600 billion (US$28.6 million) and the establishment of high-tech agricultural production zones valued at over...

Posted date: Wed, 20 Jun 2012 - From: Investment News

Industrial zones draw investors

Industrial and economic zones in northern cities and provinces have so far attracted more than 3,000 domestic and foreign-invested projects worth more than US$40 billion, Industrial and economic zones in northern cities and provinces have so far attracted more than 3,000 domestic and foreign-invested projects worth more than US$40 billion,...

Posted date: Wed, 20 Jun 2012 - From: Investment News

Hoa Lac rolls out red carpet for Japanese

The Japanese businesses are looking for Vietnamese private developers to build an eco-city in Hanoi. A business group of around 20 enterprises, led by Japanese Conference for Overseas Development of Eco-cities (J-CODE), last week visited Hanoi to meet with Hanoi People’s Committee to discuss choosing a site for the project. Bui Manh Tien,...

Posted date: Tue, 19 Jun 2012 - From: Investment News

VIB sheds light on FDI picture

Vietnam International Bank is working to give foreign investors the inside word on Vietnam’s macroeconomic and foreign currency exchange situation. The further this goal a seminar was held at Amata Industrial Park in southern Dong Nai province, one of the most attractive places for foreign direct investment (FDI) in the country, attracting...

Posted date: Tue, 19 Jun 2012 - From: Investment News