Brands in Việt Nam and the Asia Pacific region are strongly investing in commercial conversation to improve the customer experience, experts said.
CT Group launched its ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) on September 29, becoming the first Vietnamese enterprise to kick off a voluntary carbon emissions exchange in an attempt to respond to trade policies on international environment, and to develop a low-carbon emission economy.
Vietnam aims to become a leading country in ASEAN and East Asia in chip production, with deeper participation in the global production and supply chain by 2030, according to an expert.
With a coastline covering thousands of kilometers long and many international ports, Vietnam has a weak vessel fleet; thus, the freight transport market share is dependent on foreign shipping companies. The shipping industry is facing major investments and solutions are needed to promote the potential and advantages of a maritime nation.
Vietnam attracted close to US$20.21 billion in foreign investment in the year to September 20, up 7.7 percent year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
As Vietnam faces the prospect of a coal shortage and the challenges of securing supply, more actions are needed to ensure a long-term coal supply for power generation.
A number of large enterprises from the South Korea are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.
In the third quarter of 2023, Vietnam’s tech startups secured a total of $50.1 million in funding—a tremendous 504 per cent increase compared with the second quarter of 2023, according to a report by Tracxn, a leading global SaaS-based market intelligence platform.
Thanh Quang Group and Australia’s Acuity Funding on September 27 signed a funding approval agreement in which the latter will provide up to US$450 million for the former’s two cemetery projects in Việt Nam.
Vietnamese enterprises are moving towards digital offerings to offset future losses, but long-term vision is still needed in order to develop in a sustainable manner.
The Singapore-based sovereign wealth fund GIC and other investors are vying to scoop up a 20 per cent stake in Bach Hoa Xanh, Mobile World’s grocery store chain.
There were 38,379 valid foreign-invested projects in Vietnam with a total registered capital of 455.06 billion USD as of September 20, reported the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.
Experts have called for policies to support investment in high technology, which they said will help Vietnam grasp the opportunities in luring foreign direct investment (FDI) and at the same time avoid becoming the venue of low-quality and small-scale projects.
An array of investor-friendly attributes are transforming Vietnam into one of Southeast Asia’s most powerful magnets for foreign direct investment (FDI), magazine Global Finance of the United States recently wrote in its article “Vietnam’s Great Expectations”.
The Vietnam Stock Exchange (VNX) said it has become an official member of the World Federation of Exchanges (WFE) following voting by the WFE General Assembly as part of the federation’s annual meeting from September 19-21.
Vietnam is increasingly playing an important role in Apple’s supply and manufacturing chain, with its key suppliers ramping up operations in the country.
SK Group, one of the largest companies in South Korea, and its subsidiaries continue to bolster investment in Vietnam across various fields.
Secretary-General of the Permanent Court of Arbitration Marcin Czepelak said that the court will create favourable conditions for Việt Nam to participate in training courses and work at the PCA.
Project to Attract Investment - Ho Chi Minh City