Retail and real estate industries have become top attractions for Japanese investors Japanese to expand business Japan, the first G7 member to recognize Vietnam’s market economy (in 2011), currently ranks second among 126 countries and territories investing in Vietnam with 3,725 projects totaling US$50.5 billion in registered capital. Vietnam has become the second choice in the region for Japanese investors, after China. In 2017, the Bank of Japan (BOJ) announced that Vietnam overtook Malaysia to become the most lucrative foreign market for Japanese companies. BOJ data showed that Japanese FDI in Vietnam yielded total revenues of JPY198.1 billion or US$1.74 billion in 2016, up 70 percent from JPY116.2 billion in 2014. These impressive figures encourage investors from Japan and other countries to invest further Vietnam, and explain why more than 70 percent of Japanese companies have plans to expand their business in Vietnam in the near future. Vietnam’s economy is … [Read more...] about Japan tops foreign investors in first half
Foreign investors in us
Iran woos foreign investors amid US economic pressures
Iranian Foreign Minister Mohammad Javad Zarif said on Monday that Iran is "the most reliable and safest market" for foreign investments, official IRNA news agency reported. Iranian Foreign Minister Mohammad Javad Zarif - Photo: Reuters. Referring to the US financial and economic pressures against Iran, Zarif said that the Islamic republic has experienced many difficulties since the victory of Islamic revolution in 1979, and the Iranian people have been the ardent supporters of the country in the face of pressures. Imposing pressures may cause negative impact in the market, but private sector has always managed to tackle the problems, he made the remarks at a meeting with foreign representatives in Iran. Zarif encouraged foreign investors to actively enter Iran's market. The US State Department announced last month that the United States had been pushing its allies to stop oil imports from Iran by Nov. 4. Some of the international companies which also signed major deals with … [Read more...] about Iran woos foreign investors amid US economic pressures
South Korea largest foreign investor in Viet Nam
South Korea has retained its position as Viet Nam’s leading source of foreign direct investment (FDI) in the first quarter of this year. This was mainly attributed to the additional US$500 million plus invested by LG Innotek Co in a project in the northern port city of Hai Phong. During the reviewed period, South Korean firms invested $1.84 billion in Viet Nam, accounting for 31.6 per cent of the country’s total registered FDI, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). Besides South Korea, businesses from Hong Kong poured $689 million into Viet Nam, making up 11.9 per cent of the country’s total FDI, while those from Singapore injected $649 million, equivalent to 11.2 per cent of the total FDI. During January-March, FDI witnessed a significant yearly decline of 25 per cent to $5.8 billion, but disbursement rose by 7.2 per cent year-on-year to $3.88 billion, FIA said. Manufacturing remained the most attractive sector … [Read more...] about South Korea largest foreign investor in Viet Nam
Top five foreign investors in Vietnam’s real estate announced
Investors from Thailand, China and the US are expected to invest more in Vietnam’s realty market in the near future. Photo: enternews.vn According to experts, domestic investors have bought more since 2017, leading to competition with foreign investors with supply limited. The trend is forecast to continue this year. Residential land leads in terms of supply and transaction volume while housing and land for developments are most popular. Hanoi and Ho Chi Minh City have seen increases in new supply and transaction volume over the past years. House prices have tended to rise slightly while demand for quality housing increasingly grows. Investors have competed to buy projects at higher prices and several buildings under construction have been transferred to new investors. The shortage of supply will encourage investors to work with domestic partners to build projects. At the same time, real estate funds will seek to buy stakes in major realty companies. … [Read more...] about Top five foreign investors in Vietnam’s real estate announced
Binh Duong draws foreign investors in support industries
(VEN) - Binh Duong Province has recently received foreign direct investment (FDI) flows into support industries, a result of sound development directions and an open investment environment. This is a positive signal for investment in this sector as a whole. Good signals According to the Binh Duong Province People’s Committee, the province attracted US$2.514 billion worth of FDI capital in 2017, a more than 80 percent increase from the annual projection. In particular, many large-scale projects have recently received investment licenses or been allowed to increase capital in various sectors, including support industries. Examples are the Singapore-based Tetra Park Binh Duong Joint Stock Company’s US$124 million project in the Vietnam-Singapore II-A Industrial Park, producing sterilized food packaging from paper, plastic and aluminum, and the Korea-based Sewoon Medical Vina Company Ltd.’s medical equipment project in the Vietnam-Singapore II-A Industrial Park, which … [Read more...] about Binh Duong draws foreign investors in support industries