French Businesses Build Earth Observation Station in Vietnam
French companies will exploit highway and building earth observation station in Vietnam. Moreover, many important cooperation agreements in the economic field have been signed this morning with the witness of heads of two countries. On the sidelines of the talk between President Tran Dai Quang and President of France – Francois Hollande on September 6th 2016, representatives of FPT Joint Stock Company and Telespazio France (France’s leading company in the field of satellite system management and exploiting) have signed cooperation agreements w…
Lotte Wants to Open 60 Supermarkets in Vietnam
Vietnam’s retail market has the highest growth rate in the region, therefore Lotte expects to grow further through setting up more retail business or M&A activity in Vietnam . South Korea is the largest investor in Vietnam with over 4,000 enterprises, total investment in Vietnam as of July 2015 is 32.8 billion USD. Among South Korean firms investing in Vietnam, Lotte Mart is one of the corporations with the most powerful investment force and they are leading in a number of areas with the models of retail, hotel, cinema… Mr. Hong Won Sik, …
U.S Company Plan to Invest in Vietnam’s Railway Infrastructure
At the meeting with the Vietnam Railway Corporation on September 21st, the National Standard Finance – NFS has proposed investment plans to create large-scale infrastructure assets with investment value of up to 2 billion USD/transaction. The investment models could be: PPP, DBFOT, DBOT or BOT… Two important tasks that must be performed by the Vietnam Railway Corporation from now until 2020 are to modernize the existing railway lines, along with construction and investment the new railway lines. The Corporation is mobilizing resources for inve…
TPP Helps Vietnam Become an Important Base in The World Production Chain
Vietnam is considered to be the biggest beneficiary country of the 12 countries participating in the TPP. The fact that countries which have large markets like the US, Japan and Canada reducing import tax to 0% for Vietnam goods will create tremendous boost to export of Vietnam. Particularly the textile industry, turnover could increase significantly. The textile and footwear industries, the agricultural, forestry and fishery goods of Vietnam will have the opportunity to increase export significantly. Joining TPP will also help Vietnam and oth…
Nielsen: Vietnam Is a Land of Potential Opportunities
According to Nielsen, Vietnam consumers is the motivation for economic development as they are willing to spend more and are also living in the lands of the potential opportunities. By 2020, Vietnam middle class will grow double, from 12 million people in 2014 increased to 33 million people in 2020. Vietnam is among the top countries with the most optimistic consumers in the world, with more income and more spending. The percentage of increasing in per capita income rose in 2012 by 44% compared to 2010. The average growth rate of the monthly s…
The France, Taiwan Phone Companies Invest in Vietnam to Take Advantage of TPP?
The information that Vietnam has finished the TPP negotiation pushing many phone manufacturing companies like Archos (France), Compal (Taiwan) to promote their market expansion plan and investment in through setting up business in Vietnam . The Archos phone company (France) and their distributor – Petrosetco (Vietnam) are recently launching 7 product lines in Vietnam market. Mr. Frederic Balay – Senior Vice President and CEO in charge of North American of Archos has opined that Vietnam is large market which phone demand is constantly increasi…
Finished the TPP Negotiation, Vietnam Entered the New Playground
At a press conference held in Atlanta (USA), the Trans-Pacific partnership agreement (TPP) has ended negotiations and this has meant alot for Vietnam in terms of attracting investment. 12 TPP partners have achieved things that previously seemed impossible to achieve. After more than 5 years of intense negotiations, we have an agreement to support job, promote sustainable growth, accelerate the comprehensive development and reform throughout the Asia – Pacific. TPP has the strategic importance for the countries in the region, not merely commerc…
Vietnam Prime Minister Visits Japan to Promote Investment
Japan has played more and more important role as a strategic investor in Vietnam through making investment and setting up business in Vietnam with growing number of foreign direct investment projects. Accepted the invitation of Prime Minister Shinzo Abe, Prime Minister Nguyen Tan Dung will lead Viet Nam delegation to attend The Seventh Mekong-Japan Summit Meeting in Tokyo from Jul 2 to Jul 4th, 2015. This is an important conference to unify the orientation about Mekong-Japan cooperation for the period 2016-2018. The conference will review th…
Which Sectors Attracting Investment in First Half of 2015?
The trend of foreign direct investment (FDI) in Vietnam continues to tremendously increase into key sectors such as industrial processing and manufacturing, business and real estate, wholesale and retail, through setting up business in Vietnam . Accordingly, the disbursed FDI inflows in June positively increased and exceeded the growth rate of last year. In June 2015, registered and new FDI is 1.19 billion dollars, bringing the total registered and new value to 5.49 billion dollars since the beginning of this year, equivalent to 80.2 % value …
Strong Flows of FDI Into Vietnam in Jul 2015
It has been reported foreign direct investment is strong in the month of Jul 2015 for which foreign investors have been putting more money into manufacturing through setting up business in Vietnam especially high tech area. There were a series of FDI projects that are newly granted with the investment certificate in July 2015, such as the 274 million USD project of Far Eastern in Binh Duong; or the project of Regina Miracle Company will invest 88 million USD to build a shoes manufacturing plant in an area of 13.6 hectares in the VSIP Hai D…
Japan Increases Investment in Vietnam in Finance and Services
Japanese investors have switched from setting up business in Vietnam in manufacturing into financial investment, retail. - Why Japanese Investors Invest in Vietnam? - Three Reasons Japan Invests in Vietnam - Why Japan Will Increase Investment in Vietnam Til end of Jan 2015, Japan is the second largest foreign investors in Vietnam in direct investment form with 2,494 projects, and total registered capital of nearly 36.9 billion USD however there have been changes in the structure of the investment capital in Vietnam. In particular, the man…
Vietnam Supports Australian Enterprises Investing and Setting-up Business in Vietnam
During an official visit to Australia, in the morning of March 17th (local time), in Sydney, Prime Minister Nguyen Tan Dung and high-level delegation to the Government of Vietnam had the dialogue with the businesses of Vietnam and Australia’s on the development of Vietnam’s economy as well as the opportunities, prospects for cooperation between the two countries. The dialogue of Prime Minister Nguyen Tan Dung has attracted the participation of hundreds of large enterprises of Vietnam and Australia in the areas of banking, finance, energy, oil …
Bloomberg Considers Vietnam as “New Tiger” in Asia
After several disappointing years, Bloomberg said that Vietnam’s economy is continuously emerging in Asia, with the advantage of a young workforce and impressive growth. According to the news, the large corporations as Samsung, Intel have poured money into the factories in Vietnam leading Southeast Asian countries to emerge as new tiger in Asia. After renovation in the 1980s, Vietnam’s economy has grown rapidly, exceeding 7% before leveling off in recent years due to the increase in bad debt from the state sector. According to PricewaterhouseC…
Vietnam is Increasingly Attracting Capital from the US
Vietnam is taking every opportunity to grow its economy and improve the living standard. This is not a vain dream since Vietnam has young and plentiful work force. That is why multinational companies wish to come and set up company in Vietnam . The year 2015 marked the 40 years since the war end and the 20 years of normalized the relationship between Vietnam and the US. Vietnam began the process of innovation since 1986 but not until 1995, foreign investment in Vietnam began to flow in when the Government established formal diplomatic relatio…
Set-up Partnership in Vietnam
A partnership is an enterprise which must be at least two members being co-owners of the company jointly conducting business under one common name. In addition to unlimited liability partners, there may be limited liability partners. Unlimited liability partners must be individuals who shall be liable for the obligations of the company to the extent of all of their assets. Limited liability partners shall only be liable for the debts of the company to the extent of the amount of capital they have contributed to the company. ANT Consulting is h…
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