Prime Minister Pham Minh Chinh has concluded a trip from January 16-23 to attend the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, and pay official visits to Hungary and Romania. In his addresses, the Vietnamese Prime Minister conveyed a clear message of Vietnam’s dynamic development, innovation, and investment attraction for global corporations. His overseas trip promoted Vietnam’s new potential, position, and prestige.
Vietnam’s economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment thanks to the openness of its economy and the strength of its fundamentals.
New laws for next year are expected to help increase remittances into Vietnam, particularly towards the real estate sector.
According to the Asia House Annual Outlook 2024, Vietnam’s economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment, given the openness of the economy and the strength of its fundamentals.
Ho Chi Minh City is trying to bring a breath of fresh air to local industrial parks (IPs) and export processing zones (EPZs) with a view to attracting more foreign investment.
Việt Nam’s economy will grow by 6 per cent in 2024, faster than in 2023, according to economists of HSBC Vietnam.
Numerous ventures worth hundreds of millions of USD are pouring into Vietnam, promising positive results in foreign investment mobilisation and contributing to economic growth for 2024.
Prime Minister Pham Minh Chinh has invited Romanian businesses to invest in Vietnamese oil and gas projects.
Electronics manufacturers are forging ahead with investments in Vietnam in light of the rebound in global electronics demand, driven by a replacement cycle.
The 2024 Lunar New Year, the Year of the Dragon, is just around the corner. On these days, farmers in flower villages and retailers are busy with their work in anticipation of the most important and the longest festival in Vietnam, the Tet. The bustling atmosphere can be felt everywhere, from streets to villages. Those working far from home have completed booking their travel and readied everything they need for family reunion on this occasion.
Foreign firms contributed nearly 260 billion USD or over 73% of Vietnam’s total export revenue in 2023, statistics show.
For foreign investors and foreign enterprises operating in Vietnam, the business environment and administrative reforms are crucial factors in deciding to continue investment and expand operations.
The real estate markets in Vietnam’s two largest cities, Hanoi and Ho Chi Minh City, indicated signs of recovery amid protracted woes in the final months of last year, according to a Savills report.
Over 17 years of being a member of the World Trade Organisation (WTO), Vietnam has seen hallmark economic growth thanks to economic integration into the world, providing strong momentum for further development.
Vietnamese Prime Minister Pham Minh Chinh and his Hungarian counterpart Viktor Orbán have called on investors from two countries to invest in each other’s economies and vowed to protect legitimate rights and interests of investors.
Within the framework of WEF Davos 2024, Vietnamese Prime Minister Pham Minh Chinh on January 16 presided over a panel discussion with global technology firms on cooperation to develop AI, automotive technology and semiconductor industry.
South Korean industrial machinery manufacturer Hyosung wants to increase its investment in Vietnam by US$2 billion this year.
New tax policies in recent years have contributed significantly to building confidence from foreign investors and creating a competitive and sustainable business environment, directly contributing to Vietnam’s foreign investment growth in 2023.
Prime Minister Pham Minh Chinh presided over a seminar on January 17 with the theme “Vietnam - Leading sustainable investment in ASEAN” in Davos as part of his attendance at the 54th Annual Meeting of the World Economic Forum (WEF-54), according to a report from the Vietnam News Agency (VNA).
Delays in granting title deeds to foreign apartment owners might prevent investors from infusing Vietnam’s property sector with more money, the European Chamber of Commerce in Vietnam (EuroCham) has said.