Diverse investment strategies

Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1

SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves

Le Anh Duong (R), chairman of the Bac Giang Province government, gives an investment registration certificate to Foxconn’s Fukang Technology plant project to Trac Hien Hong, general director of Foxconn Vietnam, on January 18 in Bac Giang – PHOTO: VNA HCMC - Foxconn Singapore PTE Ltd will develop the Fukang Technology plant project at the Quang Chau industrial park in the northern province of Bac Giang to manufacture and assemble tablets and laptops, report VietnamPlus news site. … [Read more...] about Foxconn’s US$270-million tablet and laptop project approved in Vietnam

A mangrove forest in Ca Mau province - Illustrative image An environment monitoring project for mangrove aquaculture (AQUAM) in Ca Mau was kicked off on January 15 by the Mekong Delta province's Department of Agriculture and Rural Development, Australia’s University of Queensland and the Greenfield Consulting and Development Ltd (GFD). … [Read more...] about VIETNAM NEWS JANUARY 18

The Prime Minister initially assigned the People’s Committee of Ba Ria – Vung Tau Province to send a preliminary feasibility study report for approval of the project's investment policy. However, the Ministry of Transport had not added the project to the list of the public investment plan for the medium term of 2021 – 2025 and the People’s Committee of Ba Ria – Vung Tau Province had faced difficulties in the implementation process of related works to start the project. As this reason, the Ministry of Transport suggested the Ministry of Planning and Investment to adjust the public investment plan for the medium term of 2021 – 2025 in order to provide State budget for the project. In December 2020, the Ministry of Transport was in charge of reviewing and updating the report to the Prime Minister for the approval of the project's investment policy under the public-private partnership (PPP) form. The Ministry of Transport is currently promptly carrying … [Read more...] about Bien Hoa -Vung Tau expressway to receive US$293 million from State budget