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Vietnam seeks ways to boost FDI disbursements
Policy adjustments, stricter penalties and infrastructure development will all help increase the pace of capital disbursement in foreign-invested projects in the country, ministry officials have said.
Experts from the Ministry of Planning and Investments Foreign Investment Agency and the Viet Nam Association of Foreign-Invested Enterprises said so at a conference on Tuesday in Vung Tau City.
The ...
Closer watch over FDI real estate projects
The Vietnamese real estate market is always very active with the continuous presence of multibillion dollar projects. They have awakened potential of the property market while creating a driving force for the domestic economic development. However, most of biggest projects are branded foreign direct investment (FDI). In reality, many FDI projects use more than a [...]
RoK businesses focus on Vietnam
RoK businesses focus on Vietnam Businesses from the Republic of Korea (RoK) see Vietnam as a promising market for their investments and intend to maintain their position as Vietnam’s number one foreign investor.
The Director of the ASEAN-RoK Centre (AKC) for Planning and Development, Jae Hyun Cho stated this at a workshop on trade and investment [...]
Japanese Federation cooperates with Hung Yen
The Japan-Vietnam Friendship Parliamentarian Federation (JVFPF) wants to promote economic and investment ties with the northern province of Hung Yen.
JVFPF President Tsutomu Takebe delivered the message while leading a delegation to Hung Yen province on September 8.
He said the visit also aimed to strengthen the friendship between the JVFPF and Vietnam in general and Hung [...]
FDI disbursements remain slow
Policy adjustments, stricter penalties and infrastructure development will all help increase the pace of capital disbursement in foreign-invested projects in the country, ministry officials have said.
Experts from the Ministry of Planning and Investments Foreign Investment Agency and the Viet Nam Association of Foreign-Invested Enterprises said so at a conference on Tuesday in Vung Tau City.
The ...
Drastic measure planned to boost public investment management
The Vietnamese Government is to implement drastic measures and transparent mechanisms to improve its public investment management, international participants at a seminar in Ha Noi yesterday were advised.
The Government would focus on improving its policies and structures on investment management, especially regarding State funded projects, the head of the Planning and Investment Ministry (MPI)s ...
Vietnam industrial parks attract $3.48B FDI in Jan-August
Industrial parks (IP) in Vietnam estimated to have attracted $3.48 billion in foreign direct investment (FDI) in the first eight months of this year, accounting for 35% of the country’s total pledged FDI capital.
Of the sum, $2.56 billion came from 132 newly-licensed projects and the rest were added by 145 existing projects, the Khu Cong [...]
Govt okays building Thanh Thuy border gate economic zone
Deputy Prime Minister Hoang Trung Hai recently approved general planning tasks for construction of 28,781-ha Thanh Thuy border gate economic zone in Ha Giang province until 2030.
This economic zone is situated in a relatively convenient location, which is bordered by Vi Xuyen district on the east, Hoang Su Phi district on the west, and Yunnan [...]
Vietnam attracts nearly VND10.8 Bln FDI in eight months
Vietnam had licensed 658 new projects worth US$10.79 billion in the first eight months of 2010, up 41 percent in value from the same period of last year. This figure is relatively good result given the current economic context. Also during this January-August period, the country allowed 143 projects to add US$787 million to their [...]
Is the FDI glass half full or empty?
Criticisms over environmental pollution, arbitrary licencing of projects at the expense of the national interest and tax evasion via transfer pricing appear to have taken the gloss off Vietnam’s bright foreign direct investment picture.
Professor Nguyen Mai, vice chairman of the former State Committee for Cooperation and Investment (SCCI), now the Ministry of Planning and Investment, [...]
Provinces to report on foreign investment
As from September 10 provinces and cities nationwide will have to make regular reports on foreign direct investment (FDI) in their jurisdiction, according to an official of the Ministry of Planning and Investment (MPI).
The FDI reports, which would provide the government with more accurate information on FDI activities nationwide, would be submitted to MPI, said [...]
Interview: Douglas Clayton on investing in Vietnam
Douglas Clayton, chief executive officer of private equity fund manager Leopard Capital, focuses on investing in the frontier markets.
Douglas Clayton, chief executive officer of private equity fund manager Leopard Capital, focuses on investing in the frontier markets. He has already established funds that invest in Cambodia and Laos, and is also planning new fund ventures [...]
PM pledges clear path for US firms
Prime Minister Nguyen Tan Dung received the US-ASEAN Business Council delegation yesterday in Can Tho where the delegation will attend a conference on the Investment and Development of the Mekong Delta.
Dung said the economic and trade relationship between Viet Nam and the US had achieved many successes and in 2009, two-way trade reached US$15.5 billion. [...]
How accountability supports development
Vietnam has managed to escape the “Aid curse”, but many countries stand as examples how donor funding, if not managed carefully, can hinder governance and the need for accountability
Vietnam is one of the 10 largest recipients of official development assistance (ODA). Last year it received a 16-year record high donor commitment of $8 billion for [...]
Vietnam central EZ attracts US$1.35B FDI so far
Chan May-Lang Co Economic Zone (EZ) in the central province of Thua Thien-Hue has attracted 10 foreign-invested projects totaling US$1.35 billion so far.
Among those, a US$1-billion ecological tourism resort project invested by Singapore’s Banyan Tree Group is the biggest in the zone.
Thua Thien-Hue province has spent over VND1.6 trillion to upgrade the zone infrastructure, focusing [...]
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