On June 26, 2024, the 11th floor of the Vietnam Economy Times (VET) Building in Hanoi was abuzz with the energy and enthusiasm of industry leaders, investors, and professionals who came together for the Vietnam Industrial Connect 2024 conference. FIBIC team were pleased to participate the event as one of the sponsors and contribute to the organization of a successful event. The event really provided a platform for meaningful discussions on socio-economic development, foreign investment trends, and the future prospects of Vietnam's FDI attraction.
🔴 Key Highlights
The conference kicked off with an opening ceremony and guest introductions, followed by a series of insightful presentations:
Mr. Nguyen Dinh Nam, Chairman & CEO of IPAVIETNAM, shared trends in attracting foreign investment in the first half of 2024 and forecasts for the second half of the year and 2025.
Mrs. Sophie Mermaz, Head of the French Chamber of Commerce and Industry in Vietnam (CCIFV), Hanoi Office, discussed the investment trends of European enterprises into Vietnam.
Mr. David Jackson, Representative of Hong Kong Business Association Vietnam and CEO of Avison Young Vietnam, highlighted the opportunities for the industrial real estate sector.
Mr. Ling Foong, Head of Sustainability at Frasers Property Vietnam, emphasized the importance of sustainable industrial park development.
Mr. Amnat Chulajata, Minister Counsellor at the Thailand Board of Investment, Hanoi Office, provided insights into the investment trends of Thai enterprises into Vietnam.
The event also featured a teabreak and networking session, a Q&A segment, and a commemorative photo session.
On August 3rd, Taseco Real Estate Investment Corporation, a subsidiary of Taseco Group, held a groundbreaking ceremony for the "Construction and Infrastructure Business of Đồng Văn 3 Support Industrial Park," located east of the Cầu Giẽ - Ninh Bình expressway. The event was attended by Deputy Minister of Construction Nguyễn Tường Văn, Hà Nam's Deputy Secretary Đinh Thị Lụa, Provincial Chairman Trương Quốc Huy, and 500 distinguished guests.
Vietnam kicked off 2025 with a strong surge in foreign direct investment (FDI), reaching $4.33 billion in January—a 48.6% increase from the same period last year. Despite a slower start in new projects, additional investments and stake acquisitions skyrocketed, highlighting growing confidence from foreign investors.
Vietnam Sunergy Wafer, a Japan-invested solar cell manufacturer, is set to begin production at its $30 million factory in Hung Yen province this June. According to a project report, the company aims to finalize administrative procedures by May and install equipment in June, preparing for full-scale operations. The plant spans 2.65 hectares in Minh Quang Industrial Park and will focus on producing silicon wafers, a critical component in solar cells.
The Foreign Investment Agency released data on newly registered, adjusted, and capital contributions or share purchases by foreign investors (FDI) after nine months of 2024.
The Secretary General and Chairman of the Office of the National Assembly, Lê Quang Tùng, recently announced the top 10 notable events and activities of the National Assembly in 2024. Among these, three significant laws with a direct impact on the real estate market were prominently featured.
Sunwoda will pour an additional $300 million into the manufacturing facility in Yen Lu Industrial Park. The project will employ 5,000 local workers and generate $1 billion in revenue per year. Sunwoda will continue to make additional investments in the next stages based on its upcoming growth in Vietnam