Category Archives: Vietnam News

Where will the German real estate tycoon invest in Vietnam? Reply

by • Vietnam News • Tags: , , , ,

German real estate tycoon Thomas Kramer looks for in Vietnam where he would put his money into.

German real estate tycoon Thomas Kramer looks for in Vietnam where he would put his money into.

Reposted from VietNamNet Bridge

Vietnamese real estate developers now keep curious about what the German real estate tycoon Thomas Kramer looks for in Vietnam and where he would put his money into. Thomas Kramer is expected to come to Vietnam in July. Some sources said that the German tycoon would stay in Vietnam for six days, during which he would visit HCM City, Hue, Da Nang, the Ha Long Bay and Hanoi. He also plans to meet Vietnamese businessmen to share his investment plan in the Vietnamese real estate market. More…

Vietnam’s Star Is Dimming Reply

by • Vietnam News • Tags: , , ,

Heavy reliance on state-owned enterprises and top-down planning is now holding the nation back.

Heavy reliance on state-owned enterprises and top-down planning is now holding the nation back.

Reposted from Bloomberg
By William Pesek

Like other would-be tiger economies, Vietnam faces a trifecta of new threats: a crisis-paralyzed Europe, a faltering America, and a newly spendthrift Japan. Yet the biggest risk to the nation’s future may be old-fashioned nostalgia. More…

Tax breaks aimed at attracting investment Reply

by • Vietnam News • Tags: , , ,

Investors with new IZ projects will be exempted from corporate income taxes.

Investors with new IZ projects will be exempted from corporate income taxes.

Reposted from Viet Nam News

Industrial zones (IZs) may become more appealing if tax incentives are re-introduced. This is the thinking behind a draft law on Corporate Income Tax prepared by the Ministry of Finance. According to the draft law, investors with new IZ projects will be exempted from corporate income taxes (CIT) in the first two years of operation. More…

Vietnam gets ready to receive Korean third investment wave Reply

by • Vietnam News • Tags: , , , ,

South Koreans flock to Vietnam to invest in the real estate, retail, consumer goods and electronics projects.

South Koreans flock to Vietnam to invest in the real estate, retail, consumer goods and electronics projects.

Reposted from VietnamNet Bridge

Lotte and E-Mart, two of the biggest South Korean investors, have made their presence in Vietnam. In July 2011, E-Mart, the biggest South East retail brand belonging to Shinsegae, signed a contract with Vietnamese U&I to set up a retail joint venture. The E-Mart Vietnam joint venture, which has 80 percent of investment capital from the South Korean partner, plans to open the first supermarket in mid 2013. More…

Investors on the lookout for hotel opportunities in Asia’s emerging markets Reply

by • Cambodia News, Myanmar (Burma) News, Vietnam News • Tags: , , , , , , , ,

Burmese-hotels-MyanmarReposted from eTravel Blackboard Asia

Investors are turning their attention to emerging markets in South East Asia again, on the back of robust hotel transaction volumes in Asia which hit US$620 million in Q1 2013, up 190 percent from the same period in 2012, according to Jones Lang LaSalle.

“Rising visitor arrivals, robust trading performance and positive market dynamics have put emerging South East Asian markets such as Vietnam, Cambodia and Myanmar back into the investment spotlight,” Tom Oakden, Executive Vice President, Investment Sales for Jones Lang LaSalle’s Hotels & Hospitality Group revealed at an industry event co-hosted with Ashurst.

Airlift has been the big game changer for many markets in South East Asia and upgraded infrastructure has enhanced the ease of travel and improved links to the rest of Asia. This is evident in the double digit tourism growth witnessed in Vietnam (15 percent), Cambodia (25 percent) and Myanmar (55 percent) in 2012, when compared with 2011. More…

Investors make wrong decisions, shopping malls stay deserted Reply

by • Vietnam News • Tags: , , , ,

A lot of high end shopping malls have closed down after the failed efforts to drag out their existence.

A lot of high end shopping malls have closed down after the failed efforts to drag out their existence.

Reposted from VietNamNet Bridge
By Duy Anh

High expectations, big failure

When it opened again in September 2011 after it changed its look, Hang Da Galleria was believed to become an ideal place for merchants to gather in a market, and for people to relax and enjoy entertainment services. However, this has not come true yet. Hang Da Galleria cannot attract merchants to lease retail premises. With the low occupancy rate, the shopping mall has been closed down for upgrading. More…

Mammoth $4.3 billion Hanoi-Can Tho expressway upgrade under scrutiny Reply

by • Vietnam News • Tags: , ,

Capital planning for mammoth Hanoi-Can Tho expressway expansion project is put under consideration for bond financing.

Capital planning for mammoth Hanoi-Can Tho expressway expansion project is put under consideration for bond financing.

Reposted from Vietnam Investment Review

Under Document 2738/BGTVT-KHDT the Ministry of Transport (MoT) submitted to the prime minister in late April 2013 regarding capital resources for 17 road sections under 1,887 kilometre long Hanoi-Can Tho expressway upgrading and expansion project the capital need will be offset through issuing government bonds. More…

Vietnam calls for investments in airports Reply

by • Vietnam News • Tags: , , , ,

The development of 25 airports has been approved.

The development of 25 airports has been approved.

Reposted from VietNamNet Bridge

Making classification would help attract investments

The capacity of the domestic airports has increased from 6 million passengers in 2000 to 52 million in 2012. In 2009, the Prime Minister approved the airport development program which foresaw the increasingly high demand for traveling. More…

Venture funds still cannot play in full swing in Vietnam Reply

by • Vietnam News • Tags: , , , ,

DFJV, belonging to the joint venture between VinaCapital and the US Draper Fisher Jurvetson proves to be the best-known venture fund in Vietnam.

DFJV, belonging to the joint venture between VinaCapital and the US Draper Fisher Jurvetson proves to be the best-known venture fund in Vietnam.

Reposted from VietNamNet Bridge

A lot of venture investment funds have been set up in Vietnam. However, due to many reasons, the venture funds still cannot make adventurous investments as per their nature.

Venture funds, who are they?
DFJV, belonging to the joint venture between VinaCapital and the US Draper Fisher Jurvetson proves to be the best-known venture fund in Vietnam because it was one of the first funds established in the country. Besides, the Japanese CyberAgent fund, IDG Ventures Vietnam (IDGVV) are also the well-known names. More…

Japan to fortify supporting industries Reply

by • Vietnam News • Tags: , , , ,

Japan will provide concessional loans for Vietnamese supporting industry firms in a bid to strengthen its industrial investments in Vietnam.

Japan will provide concessional loans for Vietnamese supporting industry firms in a bid to strengthen its industrial investments in Vietnam.

Reposted from Vietnam Investment Review
By Thanh Thu

The Japan International Cooperation Agency (JICA) and the State Bank last week introduced a credit programme for Vietnamese small- and medium sized enterprises (SMEs) operating in supporting industries. Under the plan, an SME, which in Vietnam is defined to have total maximum assets of VND20 billion ($961,358) and employees of no more than 300, would be granted consessional loans worth $1.2 million for each supporting industry project, within ten years and with a grace period of maximum two years. Credit will be provided by 23 local banks. More…