Viet Nam draws interest from private equity
(Dec 27, 2014)
Private equity investors are paying more attention to the Vietnamese
market, readying additional resources in expectation of better long-term
results, according to the Grant Thornton global private equity report
for 2014 to 2015.
Vietnamese businesses are not fully aware of technical barriers to
trade, said Duong Dinh Giam, general director of the Industrial Policy
and Research Institute, at a seminar yesterday in HCM City.
The capital recorded a trade deficit of approximately US$13.8 billion in 2014, according to the municipal Statistics Office.
Charter flights between Moscow and Viet Nam's travel destinations are to be cancelled starting January next year. The cancellation is the result of the declining number of Russian
tourists visiting Viet Nam due to the recent devaluation of the ruble.
Small and medium-sized enterprises (SMEs) account for over 95 per cent
of businesses in Ha Noi and provide most jobs in the city, said Mac Quoc
Anh, vice chairman and general secretary of the Ha Noi Small and
Medium-Sized Enterprises Association.
Two-way trade between Viet Nam and Chile surpassed $791.9 million in the
first 11 months of this year with the balance of trade in favour of the
Southeast Asian nation.
The Central Highlands province of Lam Dong organised a trade promotion
conference on December 25 with the goal of drawing more investors to the
locality and the region at large.
Viet Nam's Mekong Delta has been chosen among the 10 best-value
destinations for 2015 by Rough Guides, a British publisher of travel and
The total foreign direct investment (FDI) registered in the country
topped US$20.23 billion in 2014, according to the Ministry of Planning
and Investment's Foreign Investment Agency.
The Government and Asian Development Bank (ADB) on December 26 signed a
loan agreement for $85 million in additional financing to expand
investments in rural infrastructure in six central provinces.
The prime minister has permitted the import of 36 different kinds of
scrap as production materials, newly launched site Vietnamplus reported
on December 26.