Shares rebound on large-caps, Vinfast Nasdaq debut (17/08/2023)
Vietnamese shares rebounded on Wednesday thanks to strong investors’ interest in large-cap stocks, and upbeat sentiment on the Nasdaq debut for EV maker Vinfast.
Vietnamese shares rebounded on Wednesday thanks to strong investors’ interest in large-cap stocks, and upbeat sentiment on the Nasdaq debut for EV maker Vinfast.
Bond mobilisation needed for Ho Chi Minh City infrastructure (16/08/2023)
To realise its ambition of becoming Southeast Asia and Asia’s leading hub in multiple sectors, Ho Chi Minh City must bolster its infrastructure. With the city’s budget only covering 30-40 per cent of infrastructure costs, amidst an economic slump, there is an urgent need to devise strategies to entice international financing, potentially through bonds. A future financial centre could also be instrumental in this endeavour.
To realise its ambition of becoming Southeast Asia and Asia’s leading hub in multiple sectors, Ho Chi Minh City must bolster its infrastructure. With the city’s budget only covering 30-40 per cent of infrastructure costs, amidst an economic slump, there is an urgent need to devise strategies to entice international financing, potentially through bonds. A future financial centre could also be instrumental in this endeavour.
Masterise Homes teams up with branded furniture distributor Modale (16/08/2023)
Masterise Homes signed a cooperation agreement with the exclusive distributor for Modale on August 11, creating more value for customers. All furniture is imported from Europe, and consulting services and interior construction that is in line with international standards are available.
Masterise Homes signed a cooperation agreement with the exclusive distributor for Modale on August 11, creating more value for customers. All furniture is imported from Europe, and consulting services and interior construction that is in line with international standards are available.
South Korean tycoons compete with Vietnamese billionaires in $16 billion market (16/08/2023)
Many South Korean investors have recently injected big money into pharmacies, considered a sector with high potential in Vietnam. American and Japanese pharmacies have been present here for many years.
Many South Korean investors have recently injected big money into pharmacies, considered a sector with high potential in Vietnam. American and Japanese pharmacies have been present here for many years.
VN’s power plan lacks mechanisms to attract private investors (16/08/2023)
There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).
There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).
Bright future for Vietnam’s foreign investment attraction: insiders (15/08/2023)
Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
Thu Duc City, districts regulate their land prices (15/08/2023)
Mr. Phan Van Mai, Chairman of the HCMC People’s Committee, approved an ordinance empowering the Thu Duc City People’s Committee and districts to decide on land prices.
Mr. Phan Van Mai, Chairman of the HCMC People’s Committee, approved an ordinance empowering the Thu Duc City People’s Committee and districts to decide on land prices.
Vietnam expects stronger FDI inflows with large-scale projects (15/08/2023)
Foreign direct investment (FDI) inflows into Vietnam have gradually recovered with many large-scale investment projects following the COVID-19 pandemic as well as political and economic uncertainties in the world.
Foreign direct investment (FDI) inflows into Vietnam have gradually recovered with many large-scale investment projects following the COVID-19 pandemic as well as political and economic uncertainties in the world.
Vietnam’s real estate thirsty for M&A deals (15/08/2023)
Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.
Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.
Foreign companies ramp up interest in Vietnam’s cold storage market (14/08/2023)
On August 11, Lineage Logistics, a United States-based international cold chain solutions provider, announced its expansion in Vietnam through a joint venture with Hanoi-based, cold-storage warehouse operator SK.
On August 11, Lineage Logistics, a United States-based international cold chain solutions provider, announced its expansion in Vietnam through a joint venture with Hanoi-based, cold-storage warehouse operator SK.
Highway projects to create new development space: PM (14/08/2023)
Prime Minister Pham Minh Chinh on August 10 asked ministries, agencies, and localities to prepare plans to exploit the new development space created by major highways and roads when he chaired a meeting of the State steering committee for national key transport projects.
Prime Minister Pham Minh Chinh on August 10 asked ministries, agencies, and localities to prepare plans to exploit the new development space created by major highways and roads when he chaired a meeting of the State steering committee for national key transport projects.
Korean investors pour USD2.34 billion into Vietnam in 7 months (14/08/2023)
In July, Korean investors alone poured more than USD1.1 billion into Vietnam, bringing the total investment capital of Korean enterprises in Vietnam in the first 7 months to USD2.34 billion, accounting for 14.4% of the total foreign investment capital to Vietnam in the first 7 months of the year.
In July, Korean investors alone poured more than USD1.1 billion into Vietnam, bringing the total investment capital of Korean enterprises in Vietnam in the first 7 months to USD2.34 billion, accounting for 14.4% of the total foreign investment capital to Vietnam in the first 7 months of the year.
Low investment efficiency hinders Vietnam’s economic growth: World Bank (14/08/2023)
A decline in public investment efficiency and climate change vulnerabilities are holding back Vietnam from making the desired progress in its economic development, according to the World Bank.
A decline in public investment efficiency and climate change vulnerabilities are holding back Vietnam from making the desired progress in its economic development, according to the World Bank.
Vietnam – attractive destination for North European investors: official (14/08/2023)
Thanks to incentives under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has emerged as an appealing destination for enterprises from the European Union (EU) in general and Northern Europe in particular, Vietnam’s Trade Counsellor in Sweden and Northern Europe Nguyen Thi Hoang Thuy has said.
Thanks to incentives under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has emerged as an appealing destination for enterprises from the European Union (EU) in general and Northern Europe in particular, Vietnam’s Trade Counsellor in Sweden and Northern Europe Nguyen Thi Hoang Thuy has said.
14 solar projects under scrutiny for improper FIT gains (11/08/2023)
Vietnam’s Ministry of Industry and Trade (MoIT) has raised concerns over 14 solar projects in the central province of Ninh Thuan that are believed to be unjustly benefiting from preferential tariffs. A comprehensive review and a set of corrective actions are being proposed to address these discrepancies.
Vietnam’s Ministry of Industry and Trade (MoIT) has raised concerns over 14 solar projects in the central province of Ninh Thuan that are believed to be unjustly benefiting from preferential tariffs. A comprehensive review and a set of corrective actions are being proposed to address these discrepancies.
Changes required to improve efficiency and management of public invesment: WB (11/08/2023)
Major changes are required to improve Việt Nam’s public investment, both in efficiency and post-management, said a report by World Bank (WB) released yesterday.
Major changes are required to improve Việt Nam’s public investment, both in efficiency and post-management, said a report by World Bank (WB) released yesterday.
Vietnam makes considerable contributions to all pillars of ASEAN Community: Expert (11/08/2023)
Vietnam has made specific contributions to the development of the pillars of the ASEAN Community as well as the building of the ASEAN Vision 2025, said Dr. Nguyen Hong Hai, a lecturer of Queensland University of Technology’s School of Justice in Australia.
Vietnam has made specific contributions to the development of the pillars of the ASEAN Community as well as the building of the ASEAN Vision 2025, said Dr. Nguyen Hong Hai, a lecturer of Queensland University of Technology’s School of Justice in Australia.
Wistron injects additional $24.5 million into Vietnam (11/08/2023)
The Board of Directors at Wistron – an Apple partner – has recently greenlit a plan to inject an additional $24.5 million into its manufacturing site in Vietnam.
The Board of Directors at Wistron – an Apple partner – has recently greenlit a plan to inject an additional $24.5 million into its manufacturing site in Vietnam.
Most of surveyed German firms plan expansion in Vietnam (10/08/2023)
About 91% of German companies are planning to expand their investment in Vietnam, according to a survey conducted by the Delegation of German Industry and Commerce (AHK) in Vietnam.
About 91% of German companies are planning to expand their investment in Vietnam, according to a survey conducted by the Delegation of German Industry and Commerce (AHK) in Vietnam.
New development space opens for Vietnam’s ICT industry (10/08/2023)
Despite ongoing challenges, new development opportunities are emerging for Vietnam’s ICT industry, driven by 4G and 5G networks.
Despite ongoing challenges, new development opportunities are emerging for Vietnam’s ICT industry, driven by 4G and 5G networks.
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