Barriers challenge Vietnam investors in Laos, Cambodia Thuy Dung HANOI - Changing policies and strict quotas for guest workers are among the key barriers to Vietnamese investors in Laos and Cambodia, the two neighboring countries that account for over one-third of Vietnam’s outbound investments. The hindrances were pointed out at a seminar held in Hanoi last week on opportunities and challenges for Vietnamese investors in Laos and Cambodia. Vietnamese firms have got involved in nearly 1,200 projects worth a total of roughly US$21.4 billion in Russia, Africa, Laos, Cambodia and other overseas markets. The total comprises of more than US$5 billion in Laos and almost US$3 billion in Cambodia. Vietnamese investment in Laos and Cambodia mainly concentrates on the agricultural-forestry sectors, telecommunications, mining and medical treatment which Vietnamese businesses have an advantage, heard the seminar. Vietnamese firms have registered a combined US$2.2 billion for rubber … [Read more...] about Barriers challenge Vietnam investors in Laos, Cambodia
Vietnam investors
Laos touted as promised land for Vietnam investors
Laos touted as promised land for Vietnam investors By Quoc Hung - The Saigon Times Daily HCMC - Both Lao officials and Vietnamese practitioners in this neighboring country at an investment conference here on Monday said opportunities there are plentiful for Vietnamese investors to grasp, given preferential incentives and favorable business conditions. The agriculture-based Laos has attracted a lot of Vietnamese businesses to invest in farming, husbandry, power generation and mineral mining. It is also encouraging infrastructure development and industrial manufacturing, and construction of schools, hospitals and hotels, Lao officials said, adding they wished to see more long-term investment projects from Vietnam. Successful Vietnamese investors on Monday took turns to call on their peer entrepreneurs to set up ventures in the neighboring country, saying Laos was a destination for local investors who want to invest long-term. Doan Nguyen Duc, chairman of Hoang Anh Gia Lai Joint Stock … [Read more...] about Laos touted as promised land for Vietnam investors
U.S., Germany appealing to Vietnam investors
U.S., Germany appealing to Vietnam investors Quoc Hung By Quoc Hung - The Saigon Times Daily HCMC – Vietnamese investors registered more than US$155.4 million for projects in overseas markets in the first half, with the United States and Germany emerging to the second and third most attractive places respectively, according to the Foreign Investment Agency (FIA). FIA under the Ministry of Planning and Investment ranked Vietnamese investments in the U.S. and Germany in the period after Laos, which is a traditional market and neighbor of Vietnam. Data of FIA showed the ministry allowed Vietnamese firms to invest in 47 new projects in 22 countries and territories and revise up funding for 19 operational projects worth US$155.4 million in the period. Laos continued attracting much more capital of Vietnamese enterprises with four new and two adjusted projects approved with combined capital of US$53.9 million, accounting for 35% of total registered capital in the period. The … [Read more...] about U.S., Germany appealing to Vietnam investors
Hong Kong, Vietnam Investors Plan Big Property Project
Hong Kong, Vietnam Investors Plan Big Property Project Rich Fine, a wholly-owned subsidiary of the Hong Kong-listed Leroi Holdings Limited, signed a deal with Vietnam’s Nguyen Hung Company last week to jointly carry out a US$200 million real estate project in southern Vietnam, Leroi’s press please said. The two investors will build a complex including a golf course, luxury villas, and a residential area. The 586-hectare work will be located in Duc Hoa district in Long An province, some 50 kilometers of southwest of Ho Chi Minh City. However, more details about the project has not made available at the moment, the new source said. Many foreign and domestic investors have great interests in golf course projects in the Mekong Delta Long An province, local state media said, adding that eight of them are awaiting licenses. Of the eight, four belong to South Korean businesses, and the rest are of the domestic ones. The provincial authorities have granted investment licenses … [Read more...] about Hong Kong, Vietnam Investors Plan Big Property Project
Myanmar Parliament Speaker meets Vietnam Investors Association in Myanmar
(VOVworld) - Myanmar Speaker Thura U Shwe Mann met Vietnam Investors Association in Myanmar on Sunday. The Speaker praised the association’s contribution to Myanmar’s socio-economic development. He briefed participants on Myanmar’s active renovation policy with a focus on institutional reform, market open for economic growth while improving people’s living standards. After listening to comments and requests from Vietnamese investors, the Myanmar Speaker called for more Vietnamese investment in agriculture, hotel, tourism, finance and banking. Vietnamese investors expect to invest 1.5 billion dollars in Myanmar, ranking 5th in the top investors list by next year. … [Read more...] about Myanmar Parliament Speaker meets Vietnam Investors Association in Myanmar