On September 9, the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT), the Vietnam Trade Office in Japan, and the Japan External Trade Organization (JETRO) held an online trade conference to connect investment between Vietnam and Japan with the participation of hundreds of enterprises from the two countries. At this event, Director General of the Vietnam Trade Promotion Agency Vu Ba Phu affirmed that Japan is always one of the major investors in Vietnam in both terms of the number of projects and the total investment capital. According to Mr. Vu Ba Phu, the wave of Japanese investment in Vietnam has constantly increased in both the number of enterprises and investment capital. Specifically, in 2018, Japan led the list of countries investing in Vietnam with US$8.59 billion, accounting for 24.2 percent of the total investment capital among 112 countries and territories with investment projects in Vietnam. By the end of 2019, more than 2,000 Japanese … [Read more...] about Japanese investors expand investment in Vietnam
Investment capital
Ministry proposes overhaul of investment framework for power projects
Despite the rapid development of renewable energy, including in the central region, the national grid has not been able to handle its full output. Several solar farms in the provinces of Ninh Thuan and Binh Thuan with a total combined output of 690 MW have had to cut back production. Anh said this issue would only be resolved at the end of the year when a number of infrastructure projects in the region were completed. … [Read more...] about Ministry proposes overhaul of investment framework for power projects
Do Ventures raises $28 million to invest in Vietnamese startups
The second tier focuses on regionally-scaled business-to-business (B2B) platforms that “create synergies for tier 1 portfolio companies and enable these companies to scale regionally.” This includes companies that offer software-as-a-service (SaaS) solutions, data management, and e-commerce services. … [Read more...] about Do Ventures raises $28 million to invest in Vietnamese startups
Foreign capital in wait for fresh policy move
The investors also expect the new IT platform for the Vietnamese stock market to come online soon, helping to boost trading as the Ministry of Finance is gathering comments for a new draft circular guiding transactions in the Vietnamese stock market that will supersede Circular No.203/2015/TT-BTC. … [Read more...] about Foreign capital in wait for fresh policy move
S.Korean venture fund invests in Vietnam
FacePay, a service people can use to make payments by scanning their faces, was developed by Wee Digital - PHOTO: WEE DIGITAL HCMC - InterVest Co., Ltd., a venture capital firm from South Korea, has entered the Vietnamese market through an injection of capital into Wee Digital, which specializes in the fintech sector. … [Read more...] about S.Korean venture fund invests in Vietnam
