As many as 17.15 billion USD in foreign direct investment (FDI) was poured into Vietnam in the first nine months of 2015, a year-on-year surge of 53.4 percent, according to the Ministry of Industry and Trade.
Vietnamese credit institutions and foreign bank branches in Vietnam continue to see a bright business outlook for 2015, according to a survey of the State Bank of Vietnam (SBV)’s Monetary Forecasting and Statistics Department.
Though noting its impressive growth in the first half, a recent World Bank report also identifies certain risks to be addressed in Vietnam’s economy.
All the favorable conditions for the stock market to prosper can be seen at this moment: open policies, the strong recovery of the national economy, interest of international investors in Vietnamese stocks, and strong capital flow to frontier markets.
As of the first quarter 2015, the amount of money flowing into infrastructure, residential and commercial center projects in the eastern axis of Saigon was estimated at $8 billion, and capital flow is constantly increasing.
Large retailers in Vietnam are either distributing more Thai goods or raising the proportion of Thai goods in their chains.
The new position of Vietnam in the global rankings of competitiveness is 56, as announced on Wednesday by the World Economic Forum (WEF).
Vietnam will cut the standard visa fee for visitors from US$45 to $25 on November 23, a move that comes amid efforts to reverse a slump in foreign arrivals.
With Japanese Sapporo in Sapporo Vietnam (SVL) joint venture buying 29 percent of SVL stake from the Vietnamese partner, the Vietnamese beer market is heating up.
The Ministry of Finance is considering changing a tax regulation following concerns that the rule has been abused by Chinese exporters to ship a large amount of steel to Vietnam without paying duties.
Another working day of Vice Minister Hoogeveen in HCMC meeting with Dutch business and Vietnamese partners.
Commercial banks expect to attract foreign investment in their newly-established financial companies thanks to the profitable domestic consumer financial market, according to Dau tu (Investment) newspaper.
Countries of the Trans-Pacific Partnership (TPP), including Viet Nam, will remove tariff on new cars in the 13th year after the agreement comes into effect, a finance ministry official said.
Vietnamese businesses simply do outsourcing for foreign enterprises. They just do what they are told to do. As they don’t have markets, their productivity is low, business people say.
Small and medium-sized enterprises in Viet Nam have paid little attention to the nearing formation of the ASEAN Economic Community (AEC), while larger companies with a “national brand name” are actively preparing for the regional integration process.
Vietnam’s deeper integration into ASEAN is bringing the country golden opportunities in the real estate sector.
About 20 companies are projected to launch initial public offerings (IPOs) on domestic exchanges this month with a total estimated value of more than VND4 trillion (US$178.6 million).
A group of foreign businesses are in talks with the operator of a US$2-billion expressway recently opened to traffic in the north to buy its operating rights, media reports said Tuesday.
Viet Nam is expected to attract more foreign investment next year and in the future due to the opportunities and advantages resulting from free trade agreements (FTAs), according to experts.
Experts have said any adjustments in monetary policies should be carefully considered with great attention being given to inflation, as low inflation will create room for interest rate cuts.
In most of the merger & acquisition (M&A) deals in the textile and garment industry which were made recently, the buyers were foreign investors.
Scientists have warned that the serious drought is just the ‘overture’ for a succession of blows that natural calamities and human activities will have on the Mekong Delta.
Plastics manufacturers complain that the current laws make it easier for foreign conglomerates to swallow domestic companies.
Vietnamese e-commerce firms are excited rather than worried about the news that Alibaba has taken over Lazada.
Though Vietnam is seeing the strong rise of the modern distribution channel, it is traditional retail which still plays an important role in the Vietnamese distribution system.
Leading pharmacy firms such as Hau Giang Pharmacy, Domesco and Traphaco have not been included on the list of enterprises that the State Capital Investment Corporation (SCIC) plans to divest from in at least three years.
General Director of Siemens in Southeast Asia, Mr. Armin Bruck, expressed the company’s interest in building the North-South high-speed railway at a meeting with the Ministry of Transport (MoT).
Drought and consequential saltwater intrusion in the first three months of 2016 have had a devastating impact, destroying thousands of hectarage of prime fish farming area
Ten Vietnamese brands have been named in Asia’s Top 1,000, even though most stay in the lower half of the Nielsen ranking.
With a 20-40 percent growth rate and predicted 15 percent growth rate in upcoming years, the processed food market is attractive to many investors.
