Multiple foreign enterprises have acquired large packaging companies in Việt Nam, with the ambition to expand their presence in the country.
More than 150 international investors attended the Investor Conference 2023 hosted by VinaCapital Group on October 3 in Ho Chi Minh City.
Billions of US dollars flowing into Vietnam is contributing to the country’s whole-year target for foreign investment capital.
Việt Nam’s real economic growth is expected to slow to 4.7 per cent this year before recovering to 5.5 per cent in 2024 and 6.0 per cent in 2025, according to Việt Nam’s Macro and Poverty Outlook released by the World Bank on Monday.
Vietnam posted revenue of 1.89 billion USD from the export of 1.42 million tonnes of rubber during the first nine months of this year. Though volumes increased, there was a year-on-year fall of 17.4% in value.
Wood and wood product exports to the UK, as well as other major export markets, are expected to recover this year after a significant drop, industry experts have predicted.
On the evening of September 20 (local time) in New York, US, Prime Minister Pham Minh Chinh met with James Quincey, Chairman and Chief Executive Officer of The Coca-Cola Company, during the Prime Minister’s trip to the US to attend the 78th session of the United Nations General Assembly.
Benchmark indices ticked higher on Monday, buoyed by gains in manufacturing stocks and the return of foreign investors.
U.S. private equity firm Bain Capital has made its first investment in Vietnam, with at least $200 million in the Masan Group conglomerate, and could bring in other investors to raise that to $500 million, the firms said on Monday.
Continuing to apply investment incentives to attract hi-tech foreign projects is necessary to help Vietnam attract large corporations.
Việt Nam’s agriculture sector achieved a trade surplus of US$8.04 billion in the first nine months of 2023, an increase of 22.5 per cent over the same period last year, according to the Ministry of Agriculture and Rural Development.
Vietnam is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (MERCOSUR), which is expected to be a driving force for Vietnam to tap the Latin American market.
Wood pellets and wood chips are a bright spot in the shipment of forestry products, said head of the Wood Chip Section under the Vietnam Timber and Forest Product Association (Viforest) Thang Van Thong.
The export value of aquatic products is estimated at 862 million USD in September, equal to that in the same period last year, and 16 million USD higher than that of August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Prime Minister Phạm Minh Chính has required utmost efforts to fulfil to the highest possible level of targets and tasks for 2023.
The International Exhibition on Industrial Machinery, Equipment, Technology and Products (VINAMAC EXPO 2023) will take place from November 15 - 17 in Ho Chi Minh City.
Vietnam’s trade surplus in September was estimated at 2.29 billion USD, bring the figure in the first nine months of the year to 21.68 billion USD, the General Statistics Office (GSO) announced on September 29.
Recently, a number of mechanical products manufactured by Vietnam have had good quality, equivalent to that of some countries in the region.
With a coastline covering thousands of kilometers long and many international ports, Vietnam has a weak vessel fleet; thus, the freight transport market share is dependent on foreign shipping companies. The shipping industry is facing major investments and solutions are needed to promote the potential and advantages of a maritime nation.
Brands in Việt Nam and the Asia Pacific region are strongly investing in commercial conversation to improve the customer experience, experts said.