Vietnamese brands gain more recognition in international markets (28/12/2023)
Building brands for products and enterprises in international markets will help raise the position of the national brand to a new level, especially when many free trade agreements (FTA) to which Vietnam is a signatory have come into force. Many businesses have sought to seize opportunities offered by these FTAs to enable Vietnamese products to compete with products of other rivals in the international marketplace, which is a long and bumpy road ahead.
Building brands for products and enterprises in international markets will help raise the position of the national brand to a new level, especially when many free trade agreements (FTA) to which Vietnam is a signatory have come into force. Many businesses have sought to seize opportunities offered by these FTAs to enable Vietnamese products to compete with products of other rivals in the international marketplace, which is a long and bumpy road ahead.
Stay-away investors neglecting completion process (28/12/2023)
The physical absence of certain foreign investors is slowing down procedures and hampering planned construction projects.
The physical absence of certain foreign investors is slowing down procedures and hampering planned construction projects.
Foreign investment disbursement hits record high in 2023 (28/12/2023)
Disbursement of foreign investment reached US$23.18 billion in 2023, up 3.5 per cent year-on-year and marking a record high thus far, a report from the Ministry of Planning and Investment’s Foreign Investment Department (FIA) has shown.
Disbursement of foreign investment reached US$23.18 billion in 2023, up 3.5 per cent year-on-year and marking a record high thus far, a report from the Ministry of Planning and Investment’s Foreign Investment Department (FIA) has shown.
HCM City lures over 1 billion USD to industrial parks (28/12/2023)
Ho Chi Minh City has attracted more than 1 billion USD, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57%, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on December 27.
Ho Chi Minh City has attracted more than 1 billion USD, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57%, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on December 27.
Vietnamese enterprises hold only 20 percent of domestic cloud market share (28/12/2023)
The market share of Cloud services between foreign and domestic enterprises is 80 percent and 20 percent respectively.
The market share of Cloud services between foreign and domestic enterprises is 80 percent and 20 percent respectively.
Vietnam’s textiles, garments yet to fully tap FTAs’ advantages and potential (27/12/2023)
Vietnam’s textile and garment industry has not been able to fully capitalise on the advantages and potential of FTAs, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s textile and garment industry has not been able to fully capitalise on the advantages and potential of FTAs, according to the Ministry of Industry and Trade (MoIT).
FDI disbursement reaches new record (27/12/2023)
Foreign direct investment (FDI) registered in Vietnam neared US$36.61 billion as of December 20, 2023, up 32.1 percent over the same period in 2022, announced the Foreign Investment Agency under the Ministry of Planning and Investment.
Foreign direct investment (FDI) registered in Vietnam neared US$36.61 billion as of December 20, 2023, up 32.1 percent over the same period in 2022, announced the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam enjoys surge in FDI inflows in 2023 (27/12/2023)
Vietnam attracted nearly 36.61 billion USD of foreign direct investment (FDI) this year to December 20, a rise of 32.1% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam attracted nearly 36.61 billion USD of foreign direct investment (FDI) this year to December 20, a rise of 32.1% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Potential is substantial for the electric vehicle industry (27/12/2023)
In Vietnam, the automotive sector anticipates maintaining its growth trajectory of recent years. The Vietnamese government has set high goals for the sector, hoping to make the country a regional centre for vehicle exports and production by raising localisation rates in 2025.
In Vietnam, the automotive sector anticipates maintaining its growth trajectory of recent years. The Vietnamese government has set high goals for the sector, hoping to make the country a regional centre for vehicle exports and production by raising localisation rates in 2025.
Swiss logistics company Militzer & Münch makes foray into Vietnamese market (27/12/2023)
Swiss logistics company Militzer & Münch has opened a new subsidiary in Vietnam as part of its board strategy to grow in Asia.
Swiss logistics company Militzer & Münch has opened a new subsidiary in Vietnam as part of its board strategy to grow in Asia.
Modern goals crafted for diplomatic sector (27/12/2023)
With a view to boosting economic cooperation, including expansion of exports and attraction of more investment, diplomatic economic activities will continue to be amplified, according to the Ministry of Foreign Affairs.
With a view to boosting economic cooperation, including expansion of exports and attraction of more investment, diplomatic economic activities will continue to be amplified, according to the Ministry of Foreign Affairs.
ICAEW: Vietnam, a soft 2024, but a bright medium-term outlook (27/12/2023)
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Vietnam’s economy to grow by 4.7 per cent in 2023.
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Vietnam’s economy to grow by 4.7 per cent in 2023.
Logistics chains crucial for boosting exports of agro-forestry-aquatic products (27/12/2023)
Establishing logistics chains that connect producers with traders is an immediate imperative to enhance the efficiency of agro-forestry-aquatic product exports, as emphasised during a roundtable discussion held in HCM City on Monday.
Establishing logistics chains that connect producers with traders is an immediate imperative to enhance the efficiency of agro-forestry-aquatic product exports, as emphasised during a roundtable discussion held in HCM City on Monday.
Vietnam a bright spot in global panorama (26/12/2023)
Vietnam has recorded many encouraging results amid complex and unexpected developments in the world situation in 2023. Many experts and international organisations perceived that the country remains a bright spot in the global panorama.
Vietnam has recorded many encouraging results amid complex and unexpected developments in the world situation in 2023. Many experts and international organisations perceived that the country remains a bright spot in the global panorama.
Japan and Vietnam assert to advance project conditions (26/12/2023)
Japan will continue providing more of its official development assistance to Vietnam in a series of sectors, especially in infrastructure projects.
Japan will continue providing more of its official development assistance to Vietnam in a series of sectors, especially in infrastructure projects.
Ample room remains for cold storage market to grow further: experts (26/12/2023)
The increasing demand for fresh food and e-commerce is serving as the main driving force of the domestic cold storage market – a niche segment of logistics that is expected to grow in the future.
The increasing demand for fresh food and e-commerce is serving as the main driving force of the domestic cold storage market – a niche segment of logistics that is expected to grow in the future.
Ten outstanding science-technology events of Vietnam in 2023 (26/12/2023)
The Vietnam Science and Technology Journalists’ Club has announced a list of 10 outstanding science and technology events of Vietnam in 2023, which covers various aspects such as policy and mechanisms, social sciences, natural sciences, applied sciences, the honouring of scientists, and international integration.
The Vietnam Science and Technology Journalists’ Club has announced a list of 10 outstanding science and technology events of Vietnam in 2023, which covers various aspects such as policy and mechanisms, social sciences, natural sciences, applied sciences, the honouring of scientists, and international integration.
Continuous trade surplus helps stabilize exchange rates (26/12/2023)
This year the export of many products such as electronics, spare parts, garments and textiles, footwear, and wooden furniture all failed to achieve as expected.
This year the export of many products such as electronics, spare parts, garments and textiles, footwear, and wooden furniture all failed to achieve as expected.
HTCV exports vehicles to Peru and the Philippines (26/12/2023)
The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.
The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.
Exports of surimi and fishmeal expected to hit $1bln (26/12/2023)
Vietnam’s exports of surimi (fish paste) and fishmeal have the potential to reach $1 billion a year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports of surimi (fish paste) and fishmeal have the potential to reach $1 billion a year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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