In January, the disbursement of foreign direct investment (FDI) saw a positive increase of 10.5 percent to USD 1.05 billion year on year, according to statistics from the Ministry of Planning and Investment’s Foreign Investment Agency. Foreign investors registered to invest nearly USD 1.25 billion in Vietnam in January. (Photo for illustration) A number of large projects were granted licenses during the month, including Kefico Vietnam Company Ltd., which was allowed to add USD 120 million in investment capital; Vina Cell Technology Company Ltd, which added USD 100 million; the Nam Dinh Ramatex Textile and Garment Factory project with total capital of USD 80 million in Nam Dinh province, funded by a Singapore investor; and Jotun Paint Company Ltd. in HCM City, invested by a Norwegian investor with funds of USD 70 million. Out of 125 countries and territories with FDI projects in Vietnam, the Republic of Korea was the most significant investor with USD 58.1 billion, accounting for 18.1 percent of total capital. Japan was in second place with USD 49.46 billion at 15.4 percent, followed by Singapore, China’s Taiwan, Britishvirgin Island and China’s Hong Kong. In terms of investment in foreign countries, Vietnam granted licenses for investments in foreign countries for six projects in January, with a total investment capital of USD 6.46 million. Three of these projects were in retail and wholesale areas, while the remainders were in the fields of processing and manufacturing, residential services and science and technology. The projects are being conducted in Canada,… [Read full story]
A corner of Kefico Vietnam Company Ltd. Foreign investors registered to invest nearly $1.25 billion in Viet Nam in January. — File Photo Foreign investors registered to invest nearly US$1.25 billion in Viet Nam in January, which will include funding for new projects, in addition to existing projects and buying stakes in projects, which will equal 75.9 per cent, compared to the same period last year. In January, the disbursement of foreign direct investment (FDI) saw a positive increase of 10.5 per cent to $1.05 billion year on year, according to statistics from the Ministry of Planning and Investment’s Foreign…... [read more]
A corner of Kefico Vietnam Company Ltd. Foreign investors registered to invest nearly $1.25 billion in Viet Nam in January. — File Photo Foreign investors registered to invest nearly US$1.25 billion in Viet Nam in January, which will include funding for new projects, in addition to existing projects and buying stakes in projects, which will equal 75.9 per cent, compared to the same period last year. In January, the disbursement of foreign direct investment (FDI) saw a positive increase of 10.5 per cent to $1.05 billion year on year, according to statistics from the Ministry of Planning and Investment’s Foreign…... [read more]
The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date.
VPBank's listing breaks stock exchange records
The information was published at the conference introducing investment opportunities for VPBank shares, according to newswire Vnexpress.
According to To Hai, director of Viet Capital Securities (VCSC), VPBank’s shares are listed on the Ho Chi Minh City Stock Exchange (HoSE) at the price of VND39,000 ($1.7) per share,…... [read more]
On April 6th, Phillipines' Cosanhvina Company has become the first foreign investor registered to ask for business permission in Vietnam at website www.dhi.hochiminhcity.gov.vn. As registered, Cosanhvina Company will invest in doing embridery outwork with the total capital of 200,000 USD. "To grant a permit through internet" Ho Chi Minh city's programme has become effectively since April 1st 2004. Since then, every investor in the world can submit registration forms to establish 100% foreign-invested enterprises through website of Ho Chi Minh city's Department of Planning and Investment. Deputy Director of Ho Chi Minh city's Department of Planning and Investment Luong Van…... [read more]
The Hanoitimes - Information from the Government Office, the Government has promulgated Decree 118/2015 / ND-CP to detail and guide the implementation of some articles of the Investment Law, which stipulates that creating more favorable conditions for foreign investors like the investment procedures in the form of capital contribution and share purchase, the equity by foreign investors. In particular, foreign investors invested in the form of capital contribution and share purchase and capital contribution in economic organizations will not have to implement the procedure for issuance of investment certificate of registration. The Decree stipulates subjects and principles on preferential investment…... [read more]
