Pho Noi A Industrial Zone

Geographic location: Located bordering the National Highway 5 road corridor (Km19) connecting Ha Noi and Hai Phong; 24km from the center of Hanoi, 60 km from Noi Bai International Airport, 75 km from Hai Phong port, 120 km from Quang Ninh deep-sea port. Planned area: 594 hectares, the area of industrial land for rent is approximately 400 hectares; the filled industrial land area is about 210 hectares. Industrial zone technical infrastructure: Pho Noi...

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Samsung Expands Investment in Vietnam

With the success of Samsung Electronics in Vietnam, many other members of the Group has also interested in expanding investment in Vietnam in such fields as energy, insurance. As reported by the General Director of Samsung Vietnam, the business activities of Samsung Electronics have performed well. Until May 2015, the total workforce working in the factories of Samsung in Bac Ninh and Thai Nguyen are more than 100,000 people. Due...

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US Investors Invest in Ho Chi Minh City

Ho Chi Minh City (HCMC) is an exciting investment destination with total FDI capital reached 40 billion USD. With many advantages in economic development and business environment, foreign investors have been coming to set up business in Ho Chi Minh City. Mr Dinh La Thang, Party Secretary of Ho Chi Minh City (HCMC) has met group of United States (US) investors led by Mr Howard Lutnick, Chairman and CEO of Cantor Fitzgerald Financial Group...

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16 Billion USD of FDI Capital into Vietnam

According to the data from the Foreign Investment Department, total foreign direct investment (FDI) in the first 9 months of 2016 reached 16.43 billion USD, equivalent to 95.8% compared to the same period of 2015. As of September 20th 2016, there were 1,820 new projects were granted the investment registration certificates with total registered capital of 11.165 billion USD, increased by 1.1% from the same period in 2015. Along with that, there...

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Vietnam Solar Power Industry

Many investors are interested in solar power in Ninh Thuan, Binh Thuan, Bac Lieu and the market is very dynamic. According to General Electric Plan VII, the total installed capacity of solar power of Vietnam by 2030 will achieve 12GWp, so there will be nearly 12 billion USD pouring into this sector. The lack of electricity price policies for renewable energy and solar energy are the main causes for the attraction of investment in this sector...

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Risk Management in Enterprise

Risk and manage risk Conceptually, risk is any uncertainty that may be harmful to the ability to successfully implement the business objectives of the enterprise. Businesses can identify potential risks to manage them. Fully understood, risk management is a process of a comprehensive review of the business operations to identify potential risks that may impact adversely to the operational aspects of the business. Based on that, the response...

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Hanoi Ranks the 3rd in Attracting Foreign Investment

This is the information published by the Department of Planning and Investment Accordingly, the situation of industrial production in the first 8 months of 2016 in Hanoi is relatively stable with positive growth rate. In particular, attracting foreign direct investment (FDI) increased, accrued to the date of August 30th 2016 reached 374 FDI projects (including 256 new projects and 118 projects that increase the capital). The total registered...

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Hong Kong Investment Funds Investing in Real Estate, Banking of Vietnam

In the talks with Vietnam Prime Minister Nguyen Xuan Phuc on September 14th 2016, representatives of corporations and large investment funds from Hong Kong have expressed their interest in investment opportunities in Vietnam. Talking to Hong Kong enterprises, Government leaders said that Vietnam has amended the Law on Investment towards more open and transparent, creating stable investment environment, ensuring maximum property rights...

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Danang Resort Real Estate Is Growing Well

Savills Vietnam has just published a report updating the situation of Danang real estate market in the first half of 2016. Accordingly, the segment of hotel, resort and villa continues to be exciting with the launch of many new projects as well as the presence of many famous brands in the world. Specifically, according to Savills Vietnam, in the first half of 2016, the number of tourists coming to Da Nang has increased by 28% year...

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Korea Convenience Store Chain Presented in Vietnam

In September 2016, the two first Ilahui stores in Vietnam have opened in Hanoi and Ho Chi Minh City (HCMC) in the form of franchise. According to Ilahui brand manager in Vietnam, in the fourth quarter of 2016, this brand will expand to 6 – 8 stores to serve the needs of customers both throughout the country. In the next 5 years, Ilahui will have at least 200 stores spreading across the provinces of Vietnam. With the advantages of products...

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Risk Management Necessity in Vietnam?

As Vietnam further integrates into the world business, more investors are eyeing Vietnam for investment. As part of investment due diligence, risk management are always well considered before foreign investors decide to do business with Vietnam partners. In any parts of the world inluding Vietnam, risk is an inevitable factor in business operation activities; higher return is always accompanied by higher risks. Coping and managing...

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German Enterprises Seeking Investment Opportunities in HCM City

At a meeting between the leaders of Ho Chi Minh City (HCMC) and the German Business Association (GBA), Mr Jens Ruebbert – Chairman of GBA said that Vietnam is an attractive destination for investment and business activities of foreign investors, including German businesses. Go along with Mr. Jens Ruebbert attending this meeting, there are more than 70 German enterprises operating in various fields, wishing to expand investment and...

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Forbes: Vietnam is Becoming Economic Tiger of Asia

The website of Forbes has recently published the article of author Ed Fuller with the title “Vietnam is ready to become the next economic tiger of Asia.” Like South Korea, Taiwan and China, Vietnam is having many base advantages. According to the economic report till August of 2016, foreign direct investment (FDI) into Vietnam has reached a record level in 2015 and this year could be higher. Only the first half of 2016, FDI into Vietnam reached...

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French Businesses Build Earth Observation Station in Vietnam

French companies will exploit highway and building earth observation station in Vietnam. Moreover, many important cooperation agreements in the economic field have been signed this morning with the witness of heads of two countries. On the sidelines of the talk between President Tran Dai Quang and President of France – Francois Hollande on September 6th 2016, representatives of FPT Joint Stock Company and Telespazio France (France’s leading...

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