Foreign retailers ramp up investment in Vietnam

Earlier, numerous giants in the retail sector have entered the Vietnamese market and now, many of them are planning to enhance investment and expand their businesses to exploit market potential.   AEON MALL Binh Duong Canary   Enhancing investment in Vietnam   Recently, when talking with VIR, Yasuo Nishitohge, general director of AEON Vietnam Co., Ltd., said that Vietnam has great..

SCG reaffirms determination to develop $5.4 billion Long Son petrochemical complex

Siam Cement Group (SCG) has signed a Memorandum of Understanding (MoUs) with PetroVietnam, aiming to reinforce the development of Long Son petrochemical complex (LSP) in the southern province of Ba Ria-Vung Tau.   The signing ceremony was organised in the framework of Prime Minister Nguyen Xuan Phuc’s visit to Thailand   At the signing ceremony, another MoU was signed between SCG..

Vân Đồn zone to be green, urban area

The northern province of Quảng Ninh plans to turn Vân Đồn special administrative-economic zone into a smart and green island urban area, Nguyễn Văn Đọc, secretary of the provincial Party Committee, said.   Quảng Ninh Province aims to develop Vân Đồn into a dynamic economic centre with a focus on services,  high-end tourism and high-tech industries.-Photo   The..

Deputy PM welcomes Kirin’s stronger investment in Vietnam

Deputy Prime Minister Vuong Dinh Hue has hailed the Kirin Holdings Co. Ltd’s investment expansion in Vietnam as a right decision since the country’s beer and beverage market boasts huge potential.   Deputy Prime Minister Vuong Dinh Hue (R) receives Keisuke Nishimura,  Executive Vice President and Senior Executive Officer of Kirin Holdings Co. Ltd    He made the remarks at a..

VSIP goes far beyond industrial parks

VSIP has developed world-class industrial estates across Vietnam with self-contained facilities to serve the needs of its customers. John Lim HM, head of Commercial & Residential Properties at VSIP JV Co., Ltd., shared with Thanh Van the group’s vision to complement foreign investors’ growth in the park.   Following the success of industrial parks (IPs), VSIP has transformed into a..

AIA Group urged to expand investment in Vietnam

Deputy PM Vuong Dinh Hue on August 15 in Ha Noi received Chief Executive and President of AIA Group Limited Ng Keng Hooi.   Deputy PM Vuong Dinh Hue receives Chief Executive and President  of AIA Group Limited Ng Keng HooiHa Noi,  August 15, 2017   At the reception, Ng Keng Hooi hailed the Vietnamese Government’s efforts to improve local investment and..

ExxonMobil to kick off multi-billion dollar gas-to-power complex in October

ExxonMobil Corporation from the US is completing the geological survey and build the design of the pipeline installation, aiming to conduct the construction of the onshore infrastructure of the Blue Whale (Ca Voi Xanh) gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.   ExxonMobil seems eager to start project implementation   At a working session with..

Bình Dương supports investors

Authorities in the southern province of Bình Dương and the representatives of South Korean companies operating in the province met on Wednesday to resolve difficulties faced by businesses in the area.   illustration photo source:   At the meeting, companies raised questions about human resources, product displays, business expansion, fire prevention, work safety,..

$4-billion South Hoi An casino officially starts construction

Contractor Coteccons today began the construction of the first phase of the $4-billion South Hoi An integrated casino resort, now named Hoiana, located in the central province of Quang Nam.   The first phase of Hoiana casino and resort complex will start operation in 2019   The project is invested by a joint venture of Vietnam-focused asset management firm VinaCapital, Macau-based SunCity..

Taiwan eyes Vietnamese healthcare sector

Taiwan is increasing its focus on the Vietnamese healthcare sector with a view to promoting quality healthcare services and smart healthcare solutions in the country.   Representatives of the Taiwanese healthcare sector visited Taiwan Expo 2017 to promote cooperation   Angela Chang, manager of the Taiwan External Trade Development Council, said that most state hospitals in Vietnam are..

New wave of billion-dollar FDI projects hits Vietnam

In the first seven months of this year, Vietnam lured in nearly $22 billion in foreign direct investment (FDI) with the comeback of multibillion dollar projects, promising a breakthrough in FDI attraction for the whole year.   The location of the future Thu Thiem New Urban Area    The age of multibillion dollar projects   On July 25, Korean Lotte Group and the Ho Chi Minh City..