UK finance minister Sajid Javid said in an interview with the Financial Times published on Saturday that "there will not be alignment" with the EU once the post-Brexit transition period shuts at the end of the year. — AFP … [Read more...] about UK PM Johnson seeks post-Brexit deals at Africa summit
Uks investment in vietnam
Noteworthy projects in the period included the smart city project in Dong Anh district which costs more than 4.2 billion USD, invested by a joint venture between BRG Group and Sumitomo Corporation of Japan. Hong Kong’s BeerCo Limited spent 3.85 billion USD on acquiring a stake in Vietnam Beverage Co., Ltd, a local unit of Thai Beverage Public Co., Ltd. Meanwhile, Japan’s Meiko Electronics added 200 million USD to its facility. … [Read more...] about Vietnam’s FDI inflow up in ten months
HCM City (VNA) - VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of 10 million USD, aiming to continue its investment strategies in technology startups. The firm also publicised the fund’s first investment activities in Logivan and FastGo - the two prominent startups in technology solutions in the field of transport in Vietnam. Tran Nhat Khanh, Technology Investment Director of VinaCapital, said that the launch of the fund aims to enhance cooperation with engineers, scientists and innovators who use technologies to create solutions to difficulties in different areas, thus encouraging customers to apply new technologies to improving the economic efficiency for each individual and the whole society. The value of each investment can be up to 10 million USD with unlimited time for share holding. VinaCapital Ventures also gives enterprises that the fund invests in the … [Read more...] about VinaCapital launches venture investment fund
Meanwhile, foreign investors spent $15.5 billion in 2019 to buy into Vietnamese enterprises. The total foreign indirect investment (FII) in the first 11 months of the year was $11.2 billion only, and the remaining $4.3 billion was spent within one month alone. … [Read more...] about What’s behind the $7.1 billion worth of capital flowing into Vietnam?
A recent report by the US News and World Report ranked Vietnam eighth out of the 29 economies, up from 23 last year. Meanwhile, some neighbouring nations – Malaysia, Singapore and Indonesia – stood in the 13th, 14th and 18th positions, respectively. … [Read more...] about Vietnam among top destinations for investment