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Investment

Results for Investment

Central bank ordered to cut borrowing costs

The Government has ordered the State Bank of Viet Nam to take action to lower interest rates in order to improve access to credit and boost stalled credit growth. In a resolution issued late last week, the Government set a target of lending ...

Business News - myvietnam - 05/11/2010 - 09:52 - 1 comment

Foreign investors going local

They are taking advantage of a legal gap. At present, the Vietnamese government is still embarrassed to control the method of selling houses on paper Increasing numbers of foreign developers are mobilising funds within Vietnam to develop real estate ...

Business News - myvietnam - 05/03/2010 - 16:20 - 0 comments

FDI bites into trade deficit

A rise in foreign direct investment inflows is set to eat into Vietnam’s sizeable trade deficit. The Ministry of Planning and Investment’s Foreign Investment Agency (FIA) data indicated that disbursed foreign direct investment (FDI) capital in the ...

Business News - myvietnam - 05/03/2010 - 16:19 - 2 comments

Investors changing the face of Vietnam

Vietnam is no longer the poor cousin of urban and resort developments in Asia. Foreign investment has seen to that. According to Colliers International's just-released The Knowledge Report, Vietnam's GDP grew by 5.8 per cent in the third quarter of ...

Business News - myvietnam - 04/29/2010 - 11:42 - 1 comment

Are Viet Kieu investors ‘domestic’ or ‘foreign’ persons?

The legal status of overseas Vietnamese who seek to invest in Vietnam remains ambiguous and, these Viet Kieu point out, that uncertainty has hindered their investment in their former homeland. Dr. Nguyen Van Nam, a Viet Kieu from Germany, told ...

Business News - myvietnam - 04/28/2010 - 15:35 - 0 comments

Top 10 FDI destinations in 2010

Vietnam ranked 12th in attracting foreign directed investment (FDI) in a recent report of A.T. Kearney. Top 10 FDI destinations in the survey belonged to newly-emerging economies with China taking the lead. Business Week quoted the findings from ...

Business News - myvietnam - 04/23/2010 - 09:07 - 0 comments

Australian bank buys 15 per cent stake in VIB

The Vietnam International Bank and the Commonweath Bank of Australia reached a strategic co-operation agreement yesterday, April 21, in Ha Noi. Under the agreement, the Commonwealth Bank (CBA) will take a 15 per cent stake in the Vietnam ...

Business News - myvietnam - 04/22/2010 - 05:52 - 1 comment

Applause for project’s triumph over adversity

The long-awaited Can Tho bridge, whose two approaching spans tragically collapsed during construction two years ago, is set to officially open this week. The Ministry of Transport (MoT) announced that the cable-stayed bridge would be opened on ...

Business News - myvietnam - 04/20/2010 - 15:38 - 0 comments

US firms determined to find traction in Vietnam’s market

This year is anticipated to see continued high levels of US company interest in Vietnam and a new record in bilateral trade ties. On the sidelines of the Nuclear Security Summit in Washington last week, Prime Minister Nguyen Tan Dung witnessed ...

Business News - myvietnam - 04/20/2010 - 15:33 - 1 comment

MPI ready to have greater say in FDI

A big question mark still hangs over who should have the final say in foreign invested projects. According to a draft decree, which will replace Decree 108/2006/ND-CP guiding the implementation of the Investment Law issued in 2005, the Ministry of ...

Business News - myvietnam - 04/19/2010 - 14:03 - 0 comments

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