A more sophisticated consumer base (04/01/2024)
Over the last decade, Vietnam has experienced a remarkable surge in food and beverage consumption, which opens vast potential for many international and local brands to jump into this bandwagon.

Momentum created for retail market (04/01/2024)
Retail businesses are still optimistic about their prospects, with the sector predicted to reach a growth rate of nearly 130 per cent in 2024.

Foreign investment attraction one of highlights of Vietnamese economy in 2023 (03/01/2024)
Foreign investment attraction is one of the highlights of the Vietnamese economy in the year 2023 when the world witnessed many difficulties. The arrival of technology corporations to Vietnam to explore opportunities promises a new development.

Vietnam sees huge opportunities to attract high-quality FDI (03/01/2024)
Boasting a highly-open economy, Vietnam has great potential to attract high-quality foreign direct investment (FDI) from major enterprises worldwide, according to insiders.

Vietnam’s 2024 GDP growth target easily obtainable: UNDP economist (03/01/2024)
Vietnam setting 2024 GDP growth target at over 6 percent is easily obtainable, said UNDP Senior International Economist Jonathan Pincus.

Vietnam’s manufacturing expected to grow in 2024 (03/01/2024)
Thanks to hopes for a recovery in demand both domestically and in export markets, plus business expansion plans, manufacturing is forecast to increase this year, according to S&P Global.

FDI performance ends year on a high (02/01/2024)
Vietnam was able to report strong foreign investment attraction results for the whole 2023 on the back of efforts to improve the domestic investment climate.

Further efforts planned to promote Vietnamese ‘bamboo diplomacy’: FM (02/01/2024)
The diplomatic sector will continue to focus on strongly developing the identity of the Vietnamese ‘bamboo diplomacy’ in 2024 by concentrating on a number of focal points, Foreign Minister Bùi Thanh Sơn told the media on the occasion of the New Year.

Time to roll out the “green carpet” for foreign investors (02/01/2024)
In the early stages of economic reform and integration, the Vietnamese government adopted a “red carpet” strategy to attract investors by offering a variety of incentives. This approach proved to be highly effective, resulting in significant achievements in investment attraction.

Vietnam remains destination for foreign investment next year (02/01/2024)
Despite failing to achieve the growth target, Vietnam is still considered a country with high growth in the region and remains to be regarded as a destination for 2024 by international investors.

Vietnam’s direct investment abroad tops 22 billion USD (29/12/2023)
Vietnam invested 421 million USD in overseas projects in 2023, equal to 78% over last year, said a report from the Ministry of Planning and Investment.

Fitch Ratings forecasts favorable medium-term growth for Vietnam (29/12/2023)
Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%.

New real estate law to clean up conditions (29/12/2023)
The new Real Estate Business Law, passed by the National Assembly in November and effective from 2025, could narrow the scope of regulation and tighten conditions for transferring real estate projects.

New strategies for attracting quality FDI to Việt Nam (29/12/2023)
Robust foreign direct investment (FDI) flows into Việt Nam has become the spotlight of the Vietnamese economy on the backdrop of global slowdown and rising uncertainty. The Government has switched the FDI attraction policies towards quality inflow and sustainable development, pinned by the ambition of becoming a global chip production centre. Việt Nam Institute for Economic and Policy Research’s Vice President Nguyễn Quốc Việt spoke with Việt Nam News reporter Mai Linh on new competitive advantages for Việt Nam to remain an attractive destination for the quality and high technology capital inflow.

SHTP collaborates with Ansys to improve quality of semiconductor manpower (29/12/2023)
HCM City’s Sài Gòn Hi-Tech Park (SHTP) and US-based Ansys Software Pvt Ltd. (Ansys) on Thursday signed a Memorandum of Understanding (MOU) to collaborate to foster electronic design expertise and advance the semiconductor industry in Việt Nam.

Vietnam seals major carbon credit deal, fetching $53 million (29/12/2023)
Vietnam has successfully executed a landmark transaction, selling 10.3 million tonnes of CO2 emission credits to the World Bank for nearly VND1.25 trillion VND ($52.74 million), as confirmed by the Ministry of Agriculture and Rural Development to the prime minister on December 28.

VN stays committed to developing clean and renewable energy (29/12/2023)
Việt Nam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.

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.

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.

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.