The chairman of the Korean Chamber of Commerce and Industry in Việt Nam, Shon Young Il, has called on HCM City authorities to help Korean firms resolve difficulties they face in investing and operating in the city.

OnPoint, an e-commerce enabler in Việt Nam, has successfully raised US$50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings.

The Government of Việt Nam will keep following reform policies in administrative procedure, legal environment, more transparency and publicity in creating trusts and confidence among domestic and foreign businesses investing in Việt Nam and Đà Nẵng with the win-win target.

Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Việt Nam to fully tap high-quality and low-cost human resources.

While Việt Nam plans a 7,000MW of offshore wind power by 2030, most of wind farm investors shared their concern about the bidding mechanism for the industry in a recent energy workshop in Hà Nội.

"Investment strategy in the context of the new normal and fostering reform and innovation” will be the main topic of a workshop show in HCM City on June 17.

Việt Nam needs substantial investments to meet the country’s goal of net-zero emissions by 2050, but gathering sufficient financial resources for renewable transition is not an easy task.

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.

In view of the important contributions of investment capital to the local economy, Việt Nam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.