The Coca-Cola Foundation has announced funding for the “Plastic waste management in Can Gio based on the circular economy model” project led by GreenHub in collaboration with Can Gio People’s Committee.
Vietnam’s major cities are changing at blinding speed. Over the past 20 years, cities like Ho Chi Minh and Hanoi have seen residential areas expand, malls open, skyscrapers rise, and populations grow, among many other changes that project the country’s rapid economic growth.
Prime Minister Pham Minh Chinh received Chief Operating Officer of Nike, Inc., Andy Campion in Hanoi on December 1, speaking highly of the firm’s contributions to Vietnam’s exports and job creation in the recent past.
Completing plans for public spending on investment has proved difficult due to several adverse factors in construction, such as volatility, choppy gasoline prices, difficulties for contractors to access credit capital, unfavourable weather in many key projects, and unusual amounts of rain.
The disbursement of foreign direct investment (FDI) in Vietnam went up 15.1% between January and November to some 19.68 billion USD, the highest 11-month figure over the past five years, according to the General Statistics Office (GSO).
Vietnam’s debt market was still in its infancy and sound policies were required to bolster growth, said policymakers and financial experts during a conference in Hanoi on November 29.
Ho Chi Minh City is an attractive investment destination for Japanese businesses thanks to its both development potential and mechanism to accompany and support investors, heard a seminar held by the Investment & Trade Promotion Centre of HCM City (ITPC) and the Japanese Business Association of Ho Chi Minh City (JCCH) on November 30.
Competitive pressures in tandem with digital economy development is likely to help boost the numbers of mergers and acquisitions in the logistics field in Vietnam next year.
Having been the dominant players in Vietnam’s merger and acquisition market for years, new activities from Japanese, South Korean, and Singaporean investors are demonstrating that interest in the fast-growing market remain unchanged.
Total foreign direct investment inflows for January-November have narrowed the gap with on-year performance by less than 5 per cent, instead of the two-digit drop seen in previous months.
Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming tỉme.
Vietnam attracted 25.1 billion USD in foreign investment in the first 11 months of 2022, up 0.5% month-on-month but down 5% year-on-year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has said.
The global chip race is heating up, and Vietnam should be able to raise its position on the global semiconductor manufacturing map as some leading corporations are investing in chip production in the country, local economists said.
Vietnam will target 7% GDP growth, $7,500 per capita GDP, agriculture workforce reduction to less than 20% and trained workforce augmentation to 35-40% by 2030, a Party resolution says.
The initial successes of the railway container transport network from Vietnam to Europe have provided a fulcrum inspiring the railway sector to increasingly engage with the international network.
An international conference was held in Hanoi on November 25 to seek the enhancement of cooperation with global investment institutions to mobilise green finance for State-owned enterprise (SoE) restructuring and sustainable development.
Prime Minister Pham Minh Chinh on November 26 stressed the need for a new mindset, new breakthroughs, and new values to promote the development of the southeastern region.
Malaysian property developer Gamuda Land has acquired a local company to develop a high-rise apartment building in Thu Duc of Ho Chi Minh City.
The consumer, industrial, real estate, energy, and utilities sectors were the most sought-after targets in 2022-2023 when split by industry.
Vietnamese Ambassador to the Philippines Hoang Huy Chung has described National Assembly (NA) Chairman Vuong Dinh Hue’s official visit to the archipelago nation from November 23 to 25 as a significant milestone in bilateral ties.