Le Viêt Nam, aujourd'hui

The Italy-Vietnam Friendship Association in the Lombardy region (IVFA-L) on Saturday convenes its regular meeting in Milan city.

Overseas Vietnamese invested in 213 projects worth a total $1.047 billion in Vietnam in the first 9 months of this year, said an official from the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam is losing its frontrunner magnet to foreign investors to other regional countries as foreign business chambers and associations said the country's old macroeconomic problems coupled with global uncertainties have made it difficult for their member companies to do business.

The government has given the green light for foreign investors to develop a casino project in the southern resort island of Phu Quoc, requiring a minimum investment of $4 billion, local media reported Sunday.

In an interview with Tuoi Tre, Doctor Nguyen Dinh Cung, deputy head of the Central Institute for Economic Management, said Vietnam must reform its economy if it wants to develop further.

Recent instabilities in macroeconomic policy have started to reveal many weaknesses, making investors to be cautious and delay business decisions.

Large foreign players hurt by Vietnam's power shortages have offered the country some words of wisdom to improve the country's power market.

Vietnam has added new restrictions on foreign investors in the country's state-owned banks and imposed new limits on investors in banks being privatised in a move an analyst said would help protect state assets.

Despite Vietnam's persistent economic woes, a record deal this month has shown foreign investors are still lured to the frontier market by its young, growing population and rising disposable incomes.

Macau-based 25 leading firms are present in HCM City to seek investment opportunities in sectors such as real estate, management and services in Vietnam.

HANOI — Celebrated as a new "Asian Tiger" two decades ago, Vietnam has lagged behind its neighbours and needs further reforms in order to catch up, foreign investors say.

The U.S. and Vietnam have built a lasting relationship since re-opening diplomatic ties 15 years ago that has created wealth, boosted trade and investment and enhanced security, former President Bill Clinton said in Hanoi.

Overseas Vietnamese have invested in more than 3,200 projects in Vietnam with combined investments of around $5.7 billion, the Foreign Ministry said Thursday.

Vietnamese investors are continuing their drive to do business in Myanmar with local partners in a wide range of enterprises.

Dr Nguyen Van Nam, an overseas Vietnamese living in Germany, says that he intended to join forces with some friends and set up an information technology company in HCM City a few months ago.