French businesses seeking investment opportunities in safe agriculture
Investors from France keen on safe farming models, renewable energy, construction, and infrastructure investment.
PM meets with South Korean businesses
At a dialogue with representatives from South Korean associations and businesses in Vietnam on July 30, Prime Minister Pham Minh Chinh emphasized that the Vietnamese Government will create the best possible conditions for businesses to succeed. South Korea is currently the largest foreign investor in Vietnam, with nearly 9,400 projects and total investment of nearly $80 billion.
Wind power likely to disappoint foreign investors
Vietnam will see about 4,000 MW of wind power projects not gaining Commercial Operation Date (COD) recognition due to Covid-19, leading to losses of about $6.51 billion in the Feed-In-Tariff (FIT) price and $151 million in annual operating costs. If there are no suitable solutions, Vietnam’s wind power segment will be a disappointment for foreign investors.
Foreign stock market investors huge net sellers in 8M
Foreign investors net sold VND32.064 trillion ($1.41 billion) on Vietnam’s stock exchange in the first eight months of 2021, double the figure in 2020 as a whole, which was a record VND15.7 trillion ($689.26 million). Experts expect that the stock market will become more attractive to foreign investors in the time to come thanks to barriers being actively removed.