Strengths in FDI Attraction of Vietnam

Vietnam has many strong points in FDI attraction that foreign investors are very interested in. This has made Vietnam an attractive destination for investors to set up company in Vietnam. Firstly, the stable security and political situation is an important condition for deciding to set up long-term investment activities in Vietnam. Moreover, Vietnam has a favorable geographic position in trade with the world as well as a connection hub of...

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Japanese Investors Want to Implement Kobe Cow Raising Project

Livestock breeding is one of the important economic sectors in Vietnam.  However, it appears that due to the competition pressure, disease, and lack of the control of the authority, the quality of the products have been negatively impacted.  It is important for Vietnam to encourage project to set-up business in Vietnam in animal breeding to create a better competition environment, with high quality standard of products...

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New Solar Power Plant Project in Binh Din

Solar energy is encouraged to invest by Vietnam Government. Therefore, there were many foreign business delegations come to Vietnam to find out opportunities in this area. On January 11th 2017, Chairman of Binh Dinh Province has met and worked with the President of Truong Thanh Investment and Development Co., Ltd (Vietnam) and Truong Thanh’s partners from Japan and Spain to find out opportunities to invest in solar energy plant...

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Private: Many Incentives When Investing in Solar Power Projects

According to Decision No. 11/2017/QD-TTg, organizations and individuals involved in the development of solar power projects are entitled to investment, tax and land incentives. Specifically, organizations and individuals involved in the development of solar power projects can legally mobilize capital from domestic and foreign organizations and individuals to invest in the implementation of solar power projects in accordance with the provisions...

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Japanese Businesses Want to Invest in Solar Power Plant in Thanh Hoa

Mr. Fernando Davila, Managing Director of Univergy Solar Joint Stock Company – a company in renewable energy, solar and wind power sector in Japan, had a meeting with leaders of Thanh Hoa People’s Committee. At the meeting, Mr. Fernando Davila said that in the coming time, Univergy Solar Company would like to implement the solar power plant project in Kien Tho commune, Ngoc Lac district, Thanh Hoa province with high capacity. It is hoped to receive...

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Guardian Corporation Opens Its 49th Retail Store in Vietnam

Guardian Vietnam has opened its 49th retail store in Royal City (Thanh Xuan district, Hanoi), confirming the aggressive investment and development strategy of the Guardian brand in Vietnam. Guardian is the retail chain of health and beauty products, under Dairy Farm Group, one of Asia’s leading retailers on beauty and health stores, convenience stores, supermarkets and hypermarkets through many famous brands such as Guardian, GNC, IKEA,...

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Thang Long II Industrial Zone (Under Pho Noi B Industrial Zone)

Geographical location: Located adjacent to Highway 5 (Hanoi – Hai Phong); 30 km from Hanoi, 70k m from Hai Phong port, 110km from Quang Ninh deep-water port. Scale of land area: 345.2 hectares In which: Stage 1: 219.6 hectares, 154 hectares of land area for rent Stage 2: 125.6 hectares, 101 hectares of land area for rent. Industrial zone technical infrastructure: Stage 1: Thang Long Industrial Zone II has completed the work of compensation,...

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French President Visits Vietnam

On September 5th 2016, Mr François Hollande – President of the Republic of France start visiting Vietnam at the invitation of the President of Vietnam – Mr Tran Dai Quang. During the visit, the two parties will check, review and concretize the connotations towards promoting cooperation and further strengthen political relations, exchanging high-level visits on both bilateral and multilateral levels. Moreover, both parties will review and...

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French Corporation Opens “Laughing Cow” Cheese Factory in Vietnam

According to the European Supermarket magazine, Bel Group (France) has just opened a 1 ha plant in Vietnam to produce “laughing cow” cheese to serve the Southeast Asian market, marking their first penetration into the Vietnamese market. The new plant will produce an additional 3 million pieces of cheese a week, doubling the output for the region. In addition to being sold in Vietnam, the product will be exported to the Philippines, Singapore,...

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Due Diligence in Choosing Business Partner

Joint ventures and association in business will bring many opportunities for the development and success, especially expanding and making entry into new Vietnam as new marketthrough cross border transaction, setting up company, acquiring shares in new company. However, it is not easy to choose partners to help maximize the value for business, especially in this difficult time. That is the reason why we should conduct the due...

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Marubeni Group Will Expand Investment in Vietnam

Marubeni has opened representative office in Vietnam since 1991, doing business in many areas, from the main area which is electrical projects development, to the fields such as agricultural products, import and export of coal, textiles and footwear. At the meeting, Vietnam Deputy Prime Minister Trinh Dinh Dung highly appreciated the active and effective activities of Marubeni Group in Vietnam in many fields such as trade, industry, agriculture,...

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SCG (Thailand) Pours Capital into Vietnam Petrochemical Sector

With the acquisition of 25% shares from Qatar Petroleum at Long Son Petrochemical Refinery Complex project, SCG Group (Thailand) continues to strengthen its position as a major investor in Viet Nam petrochemical sector. Previously, Vina SCG Chemicals (VSCG), a wholly-owned subsidiary of SCG in Vietnam, has signed contract to acquire shares of QPI Vietnam Limited (QPIV), a subsidiary of Qatar Petroleum to receive all 25% shares in Long Son Petrochemical Co., Ltd – the investor of Long Son petrochemical complex, according to a press release posted...

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50.6% of FDI Enterprises Will Expand Operation in Next Two Years

According to the PCI-FDI 2016 survey, confidence in the business prospects of FDI enterprises operating in Vietnam is maintained. Specifically, investors are more optimistic than the period 2012 – 2013, but not as high as in 2010. This is the responses from 1,550 FDI enterprises, coming from 46 different countries and territories operating in 14 provinces and cities of Vietnam, where concentrating the largest number of FDI enterprises, according to the General Statistics Office of Vietnam. The reason persuading FDI enterprises to expand their...

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Background Check Service in Vietnam

Vietnam is working on improving on the level of transparency. It is advisable that foreign investors take effort to learn about their partners before cooperating with them. In other words, it is important to understand an individual or enterprise before joining venture with them  in Vietnam so that  the investors may reduce the minimum risks that may occur as well as evaluating the possibility of cooperation in the future. Research...

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