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FDI capital: Breakthrough expectation in 2018

FDI capital: Breakthrough expectation in 2018

Many experts expect that this year will have many big turning points in attracting FDI with new directions from the Government.

Revenues from equitization and State divestment exceed the plan thanks to Sabeco

In 2017, the target of revenue from equitization and divestment is VND60 trillion (more than US$2.6 billion) but the sale of shares in Sabeco alone has brought in VND110 trillion (US$4.85 billion).

The State to auction over 475 million VRG shares at price of US$0.57 each

The Deputy Prime Minister Vuong Dinh Hue has approved the plan for the equitization and conversion of Vietnam Rubber Group (VRG) into a joint-stock company (JSC).

Ministry of Finance raises questions about Hancorp's investments

According to the Ministry of Finance (MoF), Hanoi Construction Corporation – JSC (Hancorp)’s outsourcing investment is not effective and potentially in risk of capital loss.

Vietnam Economic Outlook 2018: Waiting for miracles

Despite many breakthroughs in 2017, Vietnam economy outlook is still forecasted to face many problems in 2018.

Idemitsu Kosan plans to build retail petrol station in Hai Phong

The Dinh Vu Port Petrol Station with the total investment of over US$1 million is expected to locate in Dong Hai 2 Ward, Hai An District, Hai Phong.

The State to divest 430 million shares in Vietnam Airlines

The State will sell about 430 million shares in the Vietnam Airlines Corporation – JSC (Vietnam Airlines) to reduce its shareholding to 51 per cent of charter capital in the next three years.

Japan surpassed South Korea to lead foreign direct investment in Vietnam

According to the Ministry of Planning and Investment of Vietnam, foreign direct investment (FDI) disbursement in 2017 is estimated at US$17.5 billion, a 10.8 per cent year-on-year increase.

Garment exports increased by 40 times as a result of FTAs

Vietnam is expected to earn US$31 billion from exports of textile and garment this year, a ten per cent increase compared to last year.

Ben Tre approves Nexif Energy’s wind power project worth US$160 million

Ben Tre Provincial People’s Committee has approved the proposal of Nexif Energy, an independent power producer in Asia and Australia, to develop a wind power project with 80MW capacity in Thanh Hai commune, Thạnh Phu district.

TNG Holdings rushes to sell off assets

Over the past year, firms related to TNG Holdings have sold many assets worth more than US$100 million.