VN mining investors seek long-term returns

Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.   Although fluctuations in international demand and pricing have put pressure on returns from Viet Nam’s mining industry, the sector remains a magnet for..

Samsung urged to set example in business connectivity

Deputy PM Vuong Dinh Hue called upon Samsung to set an example of business connectivity among domestic enterprises and foreign investors.   Deputy PM Vuong Dinh Hue (R) and Chairman of Samsung Viet Nam Complex Shim Won Hwan (L), Ha Noi, November 17, 2017   The Deputy PM made the point on November 17 in Ha Noi while receiving Chairman of Samsung Viet Nam Complex Shim Won..

Taisei Group targets more transport infrastructure projects

Emboldened by previous successes, Japan's Taisei Group is seeking opportunities to join new transport infrastructure projects in Vietnam.   Taiji Yanai, the representative of Taisei Group, and Minister of  Transport Nguyen Van The discussed investment options   At a meeting with Minister of Transport Nguyen Van The yesterday, Taiji Yanai, chief representative of Taisei Group in Vietnam,..

Hosting APEC opens up new FDI opportunities

      Hosting the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week, especially the APEC CEO Summit 2017 with the participation of a series of CEOs of the world’s leading group, is expected to open a new age in attracting foreign direct investment (FDI) capital from APEC economies.   It is up to Vietnam to make the most of the incoming capital from APEC economies   On..

KBEE Ho Chi Minh City comes stronger than ever

The Korea Trade & Investment Promotion Agency (KOTRA) held the Korean Brand & Entertainment Expo 2017 (KBEE 2017) at GEM Centre in Ho Chi Minh City this morning, as part of the activities celebrating the 25th anniversary of diplomatic relations between Vietnam and Korea and to promote Vietnamese-Korean friendly relations through cultural and commercial exchanges.   KBEE Ho Chi Minh..

MC-Bauchemie cracks open Vietnamese construction chemicals market

Germany's MC-Bauchemie, one of the leading international producers of building chemical products and technologies, marked its official entrance to Vietnam today by setting up a joint venture with a local partner.   MC-BIFI Bauchemie makes its debut   MC-BIFI Bauchemie is the joint venture between the German firm and Vietnamese partner BIFI. It aims to become one of the leading..

Japanese Kyoei Steel Company buys 20% shares of VIS

Japanese Kyoei Steel Company officially became strategic shareholder of Việt Nam-Italy Steel Joint Stock Company (VIS).   Việt Nam-Italy Steel Joint Stock Company holds around  3.6 per cent of the country’s steel market share. - Photo   The Japanese Kyoei Steel Company purchased 20 per cent stake from Thái Hưng Company, VIS’s biggest shareholder. After the VNĐ480..

Local wood sector takes firmer root

With the leading position in Southeast Asia, Vietnam’s wood production and processing industry is under the spotlight of foreign companies and suppliers.   Vietnam’s $7 billion-plus wood production and processing sector is half foreign-backed Photo: Le Toan   Ingo Bette, a representative from German Woodworking Machinery Manufacturers (GWMM), said that Vietnam’s woodworking industry..

APEC both symbol and crux of FTA era

The 2017 APEC Economic Leaders’ Week will officially kick off this week in the central city of Danang, with CEOs of thousands of firms from APEC member economies gathering and discussing investment and business opportunities and plans in Vietnam. Nguyen Dat reports.   As the 2017 APEC Economic Leaders’ Week arrives, Vietnam’s various  business potentials will be brought to the..

Suncity to buy into Hoiana An casino resort

Macau’s biggest junket operator Suncity Group is negotiating the purchase of 34 per cent stake in South Hoi An integrated casino resort complex, now called Hoiana, while simultaneously confirming to pour $26.2 million in the project, according to newswire Dealstreetasia.   Suncity plans to break open the Vietnamese casino industry   Accordingly, Suncity will take over 34 per cent stake..

Solar market embraces local-international partnerships

High-quality partnerships of local know-how and international experience are key to unlock Vietnam’s solar potential.   Sonia Lioret, head of GIZ’s 4E project addressing participants at the workshop   This insight was shared today with more than 100 representatives from provincial authorities, investors, and other stakeholders at the workshop entitled “Introduction of Circular..