South Korea’s Hyosung eyes $2B expansion in Vietnam (19/01/2024)
South Korean industrial machinery manufacturer Hyosung wants to increase its investment in Vietnam by US$2 billion this year.
South Korean industrial machinery manufacturer Hyosung wants to increase its investment in Vietnam by US$2 billion this year.
Large multinationals plan investment expansion in Vietnam (19/01/2024)
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 setting 2024 GDP growth target at over 6 percent is easily obtainable, said UNDP Senior International Economist Jonathan Pincus.
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.
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.
Boasting a highly-open economy, Vietnam has great potential to attract high-quality foreign direct investment (FDI) from major enterprises worldwide, according to insiders.
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.
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.
Retail businesses are still optimistic about their prospects, with the sector predicted to reach a growth rate of nearly 130 per cent in 2024.
CT Group proposes high-speed rail project for Vietnam (05/01/2024)
CT Group announced a bold proposal to the Vietnamese government on January 3 for a high-speed rail line connecting Ho Chi Minh City with Can Tho.
CT Group announced a bold proposal to the Vietnamese government on January 3 for a high-speed rail line connecting Ho Chi Minh City with Can Tho.
Vietnamese firms invest nearly 421 million USD overseas in 2023 (05/01/2024)
Vietnam’s overseas investment, including both newly-registered and adjusted capital, hit 420.9 million USD in 2023, down 21.2% from 2022, reported the General Statistics Office (GSO) under the Ministry of Planning and Investment.
Vietnam’s overseas investment, including both newly-registered and adjusted capital, hit 420.9 million USD in 2023, down 21.2% from 2022, reported the General Statistics Office (GSO) under the Ministry of Planning and Investment.
Manpower training crucial for foreign investment attraction (05/01/2024)
As foreign-invested businesses always need high-quality human resources to apply new technologies, training skilled manpower is believed to help Vietnam attract more foreign investment.
As foreign-invested businesses always need high-quality human resources to apply new technologies, training skilled manpower is believed to help Vietnam attract more foreign investment.
Vietnam’s VinFast to set up $500 million EV facilities in India (07/01/2024)
Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world’s third-largest vehicle market.
Vietnamese electric vehicle (EV) maker VinFast signed an agreement on Saturday to set up its first manufacturing facilities in India, as the ambitious company seeks to penetrate the world’s third-largest vehicle market.
Three key trends shaping consumer industry’s journey towards digital maturity (07/01/2024)
Deloitte’s latest report reveals three key trends that encapsulate the forces shaping the consumer industry’s journey towards digital maturity.
Deloitte’s latest report reveals three key trends that encapsulate the forces shaping the consumer industry’s journey towards digital maturity.
Vietnam’s app-based food delivery market not so sweet (07/01/2024)
The market of Vietnamese food delivery through apps has grown strongly in the past few years, especially during the COVID-19 pandemic.
The market of Vietnamese food delivery through apps has grown strongly in the past few years, especially during the COVID-19 pandemic.
Vietnam Value hits US$431 billion, up in global ranking (07/01/2024)
The Vietnam Value has moved up one spot to 32nd out of 100 strong national brands globally, with its value hitting US$431 billion, according to a Government official.
The Vietnam Value has moved up one spot to 32nd out of 100 strong national brands globally, with its value hitting US$431 billion, according to a Government official.
Mergers and acquisitions market set to thrive in 2024 (09/01/2024)
After a sluggish period, the mergers and acquisitions (M&A) market is expected to rebound in 2024, with significant deals anticipated across various industries.
After a sluggish period, the mergers and acquisitions (M&A) market is expected to rebound in 2024, with significant deals anticipated across various industries.
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