VinFast expands into Southeast Asian market (19/05/2023)
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.

FDI sector posts over 14 billion USD in four-month trade surplus (19/05/2023)
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.

Vietnamese unicorn VNG targets $100 million in funding round to fuel expansion (19/05/2023)
VNG Corporation, a prominent Vietnamese internet company supported by Singapore’s sovereign wealth fund GIC, is pursuing a fresh funding round with the goal of raising $100 million.

Asian investors leaning towards going greener across Vietnam (19/05/2023)
Asian investors are leading foreign investment inflows into Vietnam, with the trend towards a greener transition.

Vietnamese logistics firms losing home market (18/05/2023)
Vietnamese logistics firms believe that their workforce, infrastructure and service lines are not inferior to foreign ones. But they say they still have to work for foreign firms located in Vietnam.

HCM City to host export forum and trade fair late May (18/05/2023)
The Ho Chi Minh City Export Forum and Trade Fair 2023 will take place at the Saigon Exhibition and Convention Centre (SECC) from May 25-28, the municipal Department of Industry and Trade announced at a press conference on May 17.

Vietnam eyes stronger economic cooperation with China’s Guangdong province (18/05/2023)
The Vietnamese General Consulate in Guangzhou has exerted efforts to push up economic diplomacy in order to contribute to promoting the bilateral cooperation between Vietnam and Guangdong province – the largest locality with the strongest economy of China.

Strategic investors’ engagement helps promote Vietnam’s tourism growth (18/05/2023)
The investment of domestic and foreign investors in tourism infrastructure, especially resort real estates, poor rural areas have been turned into enchanted destinations for tourists, making Vietnam more attractive to investors.

FDI sector posts over 14 billion USD in four-month trade surplus (18/05/2023)
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.

Shares continue losses on selling forces (18/05/2023)
Shares extended losses on Wednesday as the state of profit-taking from the previous session still asserted and restraining indices’ development.

Firms in supporting industries in dire need of skilled workers (17/05/2023)
Firms in supporting industries in Vietnam are in desperate need of high-qualified and skilled workers in addition to solutions regarding capital and raw materials.

Vietnam becomes global production centre thanks to boom of foreign investment (17/05/2023)
Despite impacts caused by the COVID-19 pandemic, foreign direct investment (FDI) is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world.

Marvell Technology launches IC design centre in HCM City (17/05/2023)
US’s Marvell Technology, Inc., on May 16 announced the establishment of a world-leading IC design centre in Ho Chi Minh City by upgrading its Marvell Vietnam Technology Company Limited in the city’s District 7.

HCMC’s poor infrastructure unattractive to FDI (17/05/2023)
Ho Chi Minh City is experiencing a decline in foreign direct investment as its limited supply of land and outdated infrastructure make the economic hub less attractive than competing localities.

Trade office, embassy explore chances for Vietnamese firms in Africa (17/05/2023)
The Trade Office and Embassy of Vietnam in Algeria are attending the ninth African Investment and Commerce Forum (AFIC9) in Algiers on May 16-17 to popularise Vietnamese goods and seek investment and business opportunities for Vietnamese enterprises.

Vietnamese enterprises try to enter markets with new products (17/05/2023)
As the economic downturn remains unpredictable and purchasing power weak, Vietnamese enterprises have been trying every possible way to seek new partners and potential export markets by making specific products for each market.

Tea exports earn 50 mln USD in first four months of 2023 (17/05/2023)
According to the Ministry of Agriculture and Rural Development (MARD), tea exports in the first four months of this year reached 30,000 tonnes, worth 50 million USD, down 4.8% in volume and 5.8% in value compared to the same period last year.

Vietnam expected to emerge as a prominent logistics player in Asia (17/05/2023)
Vietnam’s logistics industry is gaining recognition in the global market, with growing expectations that it will emerge as a “rising star” in Asia.

Foreign invested sector - important growth driver of Vietnam: official (16/05/2023)
With the increasing project number and investment value, foreign invested enterprises have become a dynamic sector and an important growth driver for the Vietnamese economy, said Deputy Minister of Planning and Investment Do Thanh Trung.

Australian firms eye expanded Vietnam presence (16/05/2023)
At a recent Vietnam-Australia Investment Forum, Australian investors praised Vietnam as a potential market with a favorable geographic location, abundant labor resources, low production costs and rapid digital transformation.