FDI into Vietnam Reached 25.5 Billion USD in 9 months of 2017
FDI into Vietnam is always an impressive figure with steady growth every year, proving that many foreign investors have chosen to set up business in Vietnam . According to the latest figures from the Foreign Investment Agency, from the beginning of 2017 to the end of September 2017, foreign direct investment (FDI) has hit a record of 25.48 billion USD, increased by 34, 3% over the same period in 2016. Of which, there were 1,844 new projects with total investment of 14.56 billion USD, increases by 30.4%; 6.75 billion USD of 878 projects reg…
AES (USA) Wants to Invest in Son My 2 Thermal Power Plant
AES Energy Company (USA) wants to invest and deploy the project of Son My 2 Gas Hydropower Plant and LNG Port Warehouse in Son My commune, Ham Tan district, Binh Thuan province together with PV Gas Corporation Vietnam (PV Gas). At the working session with Vietnam Oil and Gas Group (PVN), Mr David Stone - General Director in charge of Vietnam market of AES Energy Company (USA) expressed the wish to be supported by PVN to invest and deploy the project of Son My 2 Gas Hydropower Plant and LNG Port Warehouse in Son My commune, Ham Tan district,…
US Investors Have Poured 1.1 Billion USD into Ho Tram Strip Project
Asian Coast Development Ltd is one of the large US investor who come and set up company in Vietnam . Ho Tram Project Company (HTP) is a wholly foreign-owned subsidiary of Asian Coast Development Ltd, with more than 1 billion USD of committed capital deployed, which is the largest US private company investing in Vietnam. Moreover, they are also the first company to register for Vietnamese to play casino. According to HTP – the investor of the 4-billion-dollar-super-project named “Ho Tram Strip”, the Company has poured 1.1 billion USD in thi…
Quang Binh Is Selected by AT Capital for Its Renewable Energy Project
That is the information released by representatives of the Orange Renewable Company (Singapore), under AT Capital Corporation at a meeting with Quang Binh People's Committee Chairman Nguyen Huu Hoai on May 24 th . According to representatives of Orange Renewable Company, by studying the data on natural conditions as well as investment policy in Quang Binh, the Company found that this locality is very suitable for investing in renewable energy projects of AT Capital Corporation, therefore, the Corporation wishes to carry out renewable ene…
Many Incentives When Investing in Solar Power Projects
According to Decision No. 11/2017/QD-TTg, organizations and individuals involved in the development of solar power projects are entitled to investment, tax and land incentives. Specifically, organizations and individuals involved in the development of solar power projects can legally mobilize capital from domestic and foreign organizations and individuals to invest in the implementation of solar power projects in accordance with the provisions of current law. Solar power projects are exempted from import duties on imported goods to create f…
Quang Nam Province Welcomes Foreign Investors
In 2017, Quang Nam province is expected to continue to become the bright spot of the central region on investment attraction, welcoming foreign enterprises to come and invest in Vietnam. In fact, Quang Nam province is an ideal destination for investors at home and abroad. There were presence and long-term commitment of the major investors such as Truong Hai Auto, Suntory - Pepsico, Vietnam Brewery VBL, Inax sanitary equipment, Groz-Beckert textile equipment and famous travel brands such as The Nam Hai, Montgomerie Links golf course, Victori…
Potential of Vietnam’s Renewable Energy
Vietnam territory is located in the tropical climate zone with over 3,200 km long coastline. Therefore, there is great potential for renewable energy development. The available renewable energy sources in Vietnam are: solar energy, wind energy, biological energy, hydropower and energy from the sea. Vietnam has great potential for hydroelectric power, with total theor etical capacity of about 35 GW, the technical potential is about 26 GW, annually it can produce more than 100 GWh; in which the small hydropower (the installed machine capaci…
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