Improving FDI quality, quantity crucial for Vietnam: Insiders (30/05/2023)
Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”.

Việt Nam jumps 12 spots in business environment rankings (30/05/2023)
Việt Nam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators.

Vietnam’s industrial production rebounds but challenges remain (30/05/2023)
The index of industrial production (IIP) returned to growth in May after consecutive declines over the previous two months, but enterprises remained in difficulty due to rising input costs.

Vietnam FDI surges 28% in 5 months (30/05/2023)
Newly registered foreign direct investment (FDI) surged nearly 28% year-on-year to $5.3 billion in the first five months.

Slow recovery puts dent in export figures (30/05/2023)
Feeble global demands for consumption are expected to continue, making it hard for Vietnam to boost exports this year.

Vietnam posts trade surplus of 9.8 billion USD in five months (30/05/2023)
Vietnam’s import-export value in the first five months of this year was estimated at 262.54 billion USD, down 14.7% year-on-year, with a trade surplus of 9.8 billion USD, the General Statistics Office (GSO) announced on May 29.

Agro-forestry-aquatic product exports drop 11% in five months (30/05/2023)
Agro-forestry-aquatic product exports were estimated at 20.26 billion USD in the first five months of 2023, down 11.1% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Việt Nam is South Korea’s 4th largest rubber supplier (30/05/2023)
Vietnamese rubber exports to South Korea in the first four months of 2023 totalled 12,470 tonnes, valued at US$18.92 million, up 5.6 per cent in volume but down 15 per cent in value year-on-year, according to statistics from the General Department of Customs.

Vietnam’s vegetable, fruit exports likely to hit 4 billion USD this year (29/05/2023)
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam’s vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.

Vietnamese durian gets more farming area codes for export to China (29/05/2023)
China has approved another 47 farming area codes and 18 packaging facility codes for importing durian from Việt Nam, according to Ministry of Agriculture and Rural Development.

Ample room remains for Vietnamese exports to Africa (29/05/2023)
There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6% of the continent’s total import of 600 billion USD per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement.

PM urges VAT refunds for businesses (29/05/2023)
Prime Minister Pham Minh Chinh has ordered the Ministry of Finance (MOF) to streamline value added tax refund procedures to aid enterprises and residents.

Việt Nam’s five-month FDI reached nearly US$10.86 billion (29/05/2023)
Foreign investments were poured into 50 out of the 63 cities and provinces, of which Hà Nội received the most, with about $1.87 billion, accounting for about 17.2 per cent of the sum.

Boeing says will invest in aviation equipment supply chain in Vietnam (29/05/2023)
U.S. plane maker Boeing will boost its investment in the aircraft part supply chain in Vietnam, Steve Biegun, senior vice president of global public policy at The Boeing Company, told Vietnamese Minister of Industry and Trade Nguyen Hong Dien on the sidelines of the 2023 Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting in the United States, which wrapped up on Friday.

New decree to raise investor confidence in leisure property market (29/05/2023)
A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said.

Foreign investors snapping up cheap hotels in Vietnam (29/05/2023)
Foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts.

PM seeks improvements in foreign investment efficiency (26/05/2023)
Directive issued to address shortcomings and difficulties, improve the business and investment environment, and attract and improve the quality and efficiency of foreign investment flows.

Clime Capital & Touchstone Partners to invest $2mln in local cleantech company (26/05/2023)
Investment to accelerate Stride’s capacity to provide low-cost, clean energy solutions for residential and small business consumers in Vietnam.

Adani plans $2bln seaport project in Da Nang (26/05/2023)
Indian giant to invest initially in infrastructure at Lien Chieu Port.

Vietnam up 12 places in business environment rankings (26/05/2023)
Vietnam has climbed 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings, which measure the attractiveness of doing business in 82 countries based on 91 crucial indicators.