REAL ESTATE SECTOR M&AS ON THE RISE
[04-05-2016] Vietnam is becoming an attractive profit-generating market for investment in Southeast Asia, with a low interest rate, record low inflation in 2015, and the VND exchange rate far better than other currencies in the region.
HOA LAC HI-TECH PARK TO OFFER SPECIAL INCENTIVES
[03-05-2016] The Hoa Lac Hi-Tech Park in Hanoi will offer the best possible incentives to investors in order to attract and encourage investment and help the park reach its targets, according to Deputy Prime Minister Vu Duc Dam. He assigned the Ministry of Science and Technology to research and determine special echanisms and policies for application at the hi-tech park.
WB FINANCES TRANSPORT, FLOOD CONTROL PROJECTS
[02-05-2016] The Board of Executive Directors of the World Bank (WB) has approved a package of over US$500 million in support for improvements to road and bridge connections, flood control and hygiene conditions in Viet Nam.
VN TEXTILE INDUSTRY LOOKS TO 2020 AND BEYOND
[02-05-2016] The domestic garment and textile industry wants to revise a development plan to 2020 with vision for 2030, to match the progress of the country. The current plan was approved in April 2014, and it is expected that Viet Nam garment exports will reach between US$20 billion and $25 billion by 2020.
TEXTILE EXPORTS UP 5.67%
[28-04-2016] Of the figure, the State sector and the Foreign Direct Investment (FDI) sector contributed US$2 billion and US$3.08 billion, up 6.4% and 6.7%, respectively. The U.S. was the largest importer of Viet Nam’s textile with US$2.53 billion, up 6.57%. It was followed by the EU with US$692 million, up 7.3%, Japan with US$640 million, up 0.62%, the Republic of Korea with US$531.1 million, up 12.37%.
VIETNAM€™S FDI INFLOW JUMPS 85 PERCENT YEAR ON YEAR TO $6.9 BILLION
[28-04-2016] Foreign direct investment (FDI) pledges in Vietnam rose to $6.88 billion over January 1-April 20 this year, surging 85 percent from a year earlier, according to General Statistics Office (GSO) data released on April 27.
KINH BAC IN SEARCH OF FOREIGN PARTNERS
[27-04-2016] Kinh Bac City Development Holding Corporation considers seeking investors to co-develop its long list of projects in Vietnam. In its shareholders’ meeting held recently in the northern province of Bac Ninh, Kinh Bac City Development Holding Corporation chairman Dang Thanh Tam said that foreign funds from Singapore, Hong Kong, Malaysia, Thailand, and Finland had advised the company to find more foreign partners to co-invest in its current projects.
CALLING FOR YOUR COMMENTS ON DRAFT DECREE PROVIDING REGULATIONS ON CONDITIONS FOR PRODUCING COSMETIC
[27-04-2016] Ministry of Planning & Investment just received the Draft Decree providing regulations on conditions for producing cosmetic from Ministry of Health. VBF would like to call for comments (if any) from your chambers/chamber members on the Draft Decree who are relevant and interested in the cosmetic field . Please be kindly noted that:
