Ashui.com | Hội Quy hoạch Phát triển Đô thị Việt Nam

Friday
Aug 17th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home English News

News

Malaysia emerges as Vietnam's biggest investor in Jan-Sept

Malaysia emerges as Vietnam's biggest investor in Jan-SeptMalaysia has surpassed traditional top investors like South Korea, Japan, Taiwan and Singapore to become the biggest foreign investor in Vietnam in the first nine months of this year, says the Foreign Investment Agency.

The agency of the Ministry of Planning and Investment (MPI) says the country attracted a total of US$57.12 billion in foreign direct investment (FDI) in January-September, and that Malaysia made up some 26% of the amount via 37 licensed projects. Malaysia's rising profile in Vietnam's FDI scenario, according to the MPI, is attributed to some big-ticket projects licensed this year.

These include a US$9.8 billion venture between Maju Stabil Sdn. Bhd, a unit of Malaysia's Lion Group, and Vietnam Shipbuilding Industry Group (Vinashin), to develop a giant steel complex and supporting facilities in the central coast province of Ninh Thuan. This was also the biggest FDI project to be licensed in Vietnam in the first nine months.

Vietnam's steady economic growth over years and its bright prospects have encouraged Malaysian investors to pour money into the country, say experts. Vietnam's entry into the World Trade Organization (WTO) has opened many opportunities for foreign investors, including Malaysian investors. Apart from small and medium enterprises, many big Malaysian businesses are setting up production facilities here. These advantages have prompted Malaysian investors to come to Vietnam where they are particularly interested in industry and real estate.

Real estate projects took the lead and one Malaysian investor that has major plans for real estate investment is Berjaya.

Meanwhile, Malaysia's Wijaya Baru Group has been conducting a feasibility study for two environmental projects in HCMC since the signing of memorandums with HCMC earlier this year. It will build a facility in District 2 to treat wastewater from residential areas in the basin of the Nhieu Loc-Thi Nghe Canal. Vietnam has so far attracted over US$142 billion with about 9,580 FDI projects. Taiwan is the biggest foreign investor in Vietnam with some 1,950 projects capitalized at over US$19.46 billion. Malaysia has 281 projects with investment capital of US$17.7 billion.
 

Real estate registration law drafted

Real estate registration law draftedTo provide detailed guidance on registration of land-use rights, ownership of assets attached to land and creating a legal base for the registration o...

New project hopes to rescue Hoi An River within 2 years

New project hopes to rescue Hoi An River within 2 yearsA US$13 million project is expected to protect the environment in Hoi An City, Quang Nam Province, including the city’s iconic Hoai River, in the ne...

Real estate market to warm up soon: experts

Real estate market to warm up soon: expertsThe real estate market is expected to become warmer in the time to come as the market correction period has bottomed out, experts say. ...

City overflows with serviced apartments

City overflows with serviced apartmentsReal estate experts denied there was a shortage of apartments for rent in the city, following warnings to foreigners by leading real estate corporatio...

East-West Avenue: disbursement for some projects paused

East-West Avenue: disbursement for some projects pausedHCM City authorities have asked related agencies and the East-West Highway and Water Environment Project Management Unit to temporarily stop disbursin...

BusinessWeek and Architectural Record Announce 2008 Awards

BusinessWeek and Architectural Record Announce 2008 AwardsBusinessWeek and Architectural Record magazines have announced the winners of their 11th annual "Good Design is Good Business" international competiti...

New golf courses halted to preserve land for rice

New golf courses halted to preserve land for riceVietnam has suspended giving out licenses for new golf courses in an effort to save soil for rice cultivation and protect poor farmers, reports said T...

Work Begins On Paris Twin Towers

Work Begins On Paris Twin Towers The scheduled completion date of the project will be sometime in 2011.

Capital preservation efforts hit snag

Capital preservation efforts hit snagNearly 70 per of the ancient relics in the Thang Long-Ha Noi are seriously damaged, and have been partly overtaken by residents and agencies. However,...

Foster + Partners Paints a New Future for Pushkin Museum

Foster + Partners Paints a New Future for Pushkin MuseumFoster + Partners has been commissioned to design an ambitious, $177 million masterplan for the Pushkin Museum of Fine Arts, the largest museum of Eur...
Trang 22 trong tổng số 22
Bảng quảng cáo

Tìm kiếm

Tạp chí

Green Building Review

Sách

Xanh hóa Châu Á / Greening Asia

TP. Hồ Chí Minh: MEGA City (2017)

Hiện có 1295 khách Trực tuyến

Quảng cáo