Foreign buyers seek bargains, but investment prospects rosy

Foreign buyers seek bargains, but investment prospects rosy
(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 eye post-pandemic business opportunities

Banks eye post-pandemic business opportunities
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.

Favorable prospects for FDI recovery

Favorable prospects for FDI recovery
(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.

Hanoi accelerates medium-term public investment disbursement

Hanoi accelerates medium-term public investment disbursement
(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.

Dong Nai industrial parks boost investment

Dong Nai industrial parks boost investment
(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.

Public investment, a fulcrum for GDP growth

Public investment, a fulcrum for GDP growth
(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.

Banks ease credit access to help pandemic-hit businesses

Banks ease credit access to help pandemic-hit businesses
(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.

FDI inflows to Vietnam expected to grow despite the epidemic

FDI inflows to Vietnam expected to grow despite the epidemic
(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.

Banking sector to cash in on benefits from EVFTA

Banking sector to cash in on benefits from EVFTA
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.

Vietnamese banks cut short-term deposit rates

Vietnamese banks cut short-term deposit rates
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.

Hanoi strives to solidify status as strongest capital magnet

Hanoi strives to solidify status as strongest capital magnet
(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.

FTAs make Vietnam more attractive to foreign investors

FTAs make Vietnam more attractive to foreign investors
(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 helping accelerate financial inclusion in Southeast Asia

Mastercard helping accelerate financial inclusion in Southeast Asia
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.
 

FDI attraction expected to grow five percent

FDI attraction expected to grow five percent
(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.

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