
(VEN) - Data from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) show that deals in the form of foreign share purchases and capital contributions increased 33 percent to 3,210 in the first four months of this year.

Banks are ready to seize business opportunities in the coming months as the COVID-19 pandemic has been basically controlled in Việt Nam and domestic production and business are expected to accelerate soon.

(VEN) - Vietnam has scored highly over its handling of the Covid-19 pandemic, with the safety measures it implemented being of particular interest to foreign investors at this time. Many foreign direct investment (FDI) firms have expressed optimism regarding the Vietnam economy in the medium and long term, and even plan to increase their involvement in the country.

(VEN) - In order to fulfill public investment targets and minimize the impact of the Covid-19 pandemic on economic growth, the Hanoi People’s Committee has issued a document on speeding up disbursement progress of its five-year medium-term public investment plan (2016-2020) and of its 2020 plan.

(VEN) - The limitations on contact and gatherings imposed by the Covid-19 pandemic have significantly boosted online shopping and home deliveries.

(VEN) - With its advantageous geographic location, Long An Province, part of Vietnam’s Southern Key Economic Zone, has become an investment magnet.

(VEN) - The southern province of Ba Ria-Vung Tau is making greater efforts to complete infrastructure and take advantage of free trade agreements in order to attract foreign direct investment (FDI).

Industrial zones (IZs) in the southern province of Bà Rịa-Vũng Tàu attracted a total investment capital of more than US$450 million in the first quarter of this year.

(VEN) - The Asian Development Bank (ADB) has deployed financial support packages to help Vietnam respond to the Covid-19 pandemic.

(VEN) - According to the provincial economic development strategy, the southeastern province of Dong Nai has planned 35 industrial parks including 32 industrial parks on 10,240.45ha and a 78.51 percent occupancy rate. Dong Nai has developed industrial parks according to four criteria - location, infrastructure investment unit, opportunity to attract investment and demand for industrial park activities.

To encourage customers to deposit money online amid the COVID-19 pandemic, many banks have raised interest rates for online savings by up to 1.4 per cent higher than over-the-counter deposits.

(VEN) - In the first two months of 2020, public investment disbursement recorded great progress compared to a year ago. Given the spread of the Coronavirus disease (Covid-19), public investment is considered a fulcrum for economic growth.

(VEN) - The Vietnamese government has directed ministries and departments to alleviate difficulties for businesses affected by the Coronavirus disease (Covid-19) by facilitating access to capital, delaying loan repayments, lowering interest rates, and cutting fees.

Last year, VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), invested US$25 million in a private hospital operator, Tâm Trí Medical Joint Stock Company.

HCM CITY — Trần Hoài Nam, deputy general director of HDBank, has registered to buy 500,000 shares of his bank on the Hồ Chí Minh Stock Exchange between April 3 to 29 for investment, according to the exchange.

(VEN) - The spread of the Coronavirus disease (Covid-19) has affected foreign direct investment (FDI) inflows to Vietnam. However, it could also provide Vietnam with a great opportunity to receive FDI inflows from investors seeking to shift their production from China to the Southeast Asian region in order to limit risks, with Vietnam featuring prominently on their radar.

The Vietnamese banking sector, now undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from their European partners after the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to insiders.

The Mekong Delta city of Can Tho expects to attract US$450 million in foreign direct investment (FDI) in the 2021-2030 period, according to a plan recently approved by the municipal People’s Committee.

Commercial banks in Vietnam have announced cuts to their interest rates on Vietnamese dong deposits with terms of less than six months, following the central bank’s move to slash policy rates.

(VEN) - Hanoi was the biggest attractor of foreign direct investment (FDI) in Vietnam in 2018 and 2019, and the capital is continuing administrative reform to improve its investment environment, and innovate investment, trade and tourism promotion.

(VEN) - Commercial banks have cut lending interest rates and rolled out soft credit packages in a bid to help customers mitigate the adverse impacts of the Coronavirus disease (Covid-19).

(VEN) - A growing number of Japanese business are choosing to invest in Vietnam due to its continuously improving business environment and international integration as reflected in state-of-the-art, wide-ranging free trade agreements (FTAs).

Mastercard has announced that it will be the leading investor for the Indonesian fintech holding company Digiasia’s Series B funding round, providing both capital and strategic assistance as Digiasia looks to strengthen its suite of financial services that expand the ways individuals and MSMEs can take part in Southeast Asia’s growing digital economy.

(VEN) - Due to measures to restrict the spread of Covid-19, many Chinese workers could not come back to Vietnam to work after the Tet holidays in late January, directly affecting production and business activities. However, this situation is expected to provide Vietnam with opportunities to attract new foreign direct investment (FDI) projects.