Forum To Call For Japanese Investment In Vietnam Tourism A forum appealing for investment into the Vietnamese tourism market took place in Tokyo on November 25 Among those participants were Nguyen Phu Binh, Vietnamese ambassador to Japan, Nguyen Thi Hong, deputy chairwoman of HCM City People’s Committee, representatives of the Vietnam National Administration of Tourism and businesses from HCM City. Saigontourist was the main organizer of the forum. On the Japanese side, there were a representatives from the Japanese Ministry of Foreign Affairs and around 70 businesses concerned with the Vietnamese market. “HCM City has been and will always be the choice for investors with a strategic vision. The cooperation for investment in Vietnam’s tourism market between Vietnamese and Japanese enterprises will bring about new and successful outcomes,” Nguyen Huu Tho, general director of Saigontourist, vice chairman of the Vietnam Tourism Association and chairman of the HCM … [Read more...] about Forum To Call For Japanese Investment In Vietnam Tourism
Investments in vietnam
The fund received over US$300 million in subscriptions, 6 times over the originally targeted US$50 million, but the final figure is being considered by VinaCapital's management board, according to one source. "We are immensely pleased with the overwhelming response to our new property fund. But as with the previous rounds of funding, we will possibly have to turn down a significant number of new subscribers," said Don Lam, Managing Partner of VinaCapital. "We received subscriptions from both investors in our first fund, who have seen the demonstrated results of VinaCapital's disciplined investment approach, as well as new investors, who believe in the real estate potential of Vietnam's robustly growing economy." VinaLand will list on the London Stock Exchange's Alternative Investment Market (AIM) on March 22, 2006, becoming the first publicly traded fund dedicated to property investments in Vietnam. VinaLand will invest in five property sectors: office, retail, residential, … [Read more...] about VinaLand: The New Face of Property Investment in Vietnam
VietNamNet Bridge - Vietnamese real estate developers now keep curious about what the German real estate tycoon Thomas Kramer looks for in Vietnam and where he would put his money into. Thomas Kramer is expected to come to Vietnam in July. Some sources said that the German tycoon would stay in Vietnam for six days, during which he would visit HCM City, Hue, Da Nang, the Ha Long Bay and Hanoi. He also plans to meet Vietnamese businessmen to share his investment plan in the Vietnamese real estate market. The German millionaire now has the huge asset worth $90 million. He has been well known as a successful venture investor who has accurate predictions about the real estate market prospect. Therefore, the information about the working visit of the tycoon to Vietnam has caught the special attention from the public. While some Vietnamese real estate developers say they wonder what attracts the German millionaire to a small market like Vietnam, Nguyen Dinh Tung, Director of Hanoiland, … [Read more...] about Where will the German real estate tycoon invest in Vietnam?
The Vietnamese State will create favourable conditions for foreign investors, including those from the US, to operate efficiently, said State President Nguyen Minh Triet. Mr Triet made the affirmation while receiving Peter R. Ryder, CEO and General Director of the Indochina Capital group, in Hanoi on July 25. Mr Triet thanked Mr Ryder for supporting the ratification of the Vietnam-US Bilateral Trade Agreement (BTA) and Vietnam's admission to the World Trade Organisation (WTO). The President appreciated the Indochina Capital's contributions to Vietnam and expressed his hope that the group will continue to promote Vietnam's image in the US and encourage other US investors to come to the country. For his part, Mr Ryder briefed his host on his group's investment of US$1 billion in real estate projects in Vietnam. The Indochina Capital is the first securities investment fund in Vietnam to be listed at the London Exchange. The group's Nam Hai Resort in central Quang Nam province was … [Read more...] about State President encourages US investment in Vietnam
Proud to Be the First Foreigner to Invest in Vietnam Aviation Changi Airports International (CAI) of Singapore on February 26 signed a memorandum of understanding (MoU) with the Middle Airport Authority (MAA) in Hue to invest in and develop Phu Bai International Airport. The signing ceremony was attended by Singaporean President S.R Nathan. This event marked the first close cooperation by a foreign investor with Vietnam Aviation, a big opportunity for Vietnam’s aviation development after Vietnam opened its skies. On the occasion, Vietnam Business Forum talked with Chow Kok Fong, executive general director of CAI. Why did CAI choose Phu Bai Airport to invest in? Phu Bai International Airport is located in Hue City, an ideal gateway into Thua Thien Hue Province for businessmen and visitors to come to central region of Vietnam. It is on the East West corridor linking to Thailand, Laos and Myanmar. In 2007, Vietnam recognized Hue as a development city in culture and tourism, and … [Read more...] about Proud to Be the First Foreigner to Invest in Vietnam Aviation