Viet Nam and China have issued a joint press statement on the occasion of Prime Minister Pham Minh Chinh's official visit to China and attendance at the 14th Annual Meeting of the New Champions (AMNC) of the World Economic Forum (WEF) in Tianjin from June 25 to 28.
Prime Minister Pham Minh Chinh is set to attend the expanded G7 Summit in Japan from May 19-21 at the invitation of his Japanese counterpart Kishida Fumio.
Vietnam had attracted a total of 13.43 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, down 4.3% year-on-year, according to the General Statistics Office
Quang Ninh province has granted approval for the Yen Hung liquefied natural gas (LNG) port project with an estimated capital of $32.2 million. It aims to support the adjacent Stavian Quang Yen Oil Refinery and be a significant advancement to Vietnam's LNG infrastructure.
The Ministry of Commerce of Thailand recommends its retail businesses adjust their strategies and expand operations in Vietnam, a market with high potential development, able to reach a value of 3.5 trillion USD by 2068.
Boosting both the quality and quantity of foreign investment is being called an imperative for Vietnam as it attempts to improve on 2023 results so far.
Dairy company Vinamilk, Bosch Vietnam – a supplier of technology and services and tech giant FPT are among winners of the 2023 Top 50 Corporate Sustainability Awards (CSA 2023).
The Ministry of Finance has proposed reducing by 10% to 50% of fees and charges in the securities sector, fees for appraisal of licenses for international travel service business, and for issuance of citizen identification cards from July 1 to December 31, 2023.
The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.
Viet Nam is an emerging manufacturing hub, especially for electronics, tech and high-value-added industries. Thomas Rooney, Senior Manager, Industrial Services, Savills Ha Noi discussed the outlook of Viet Nam’s industrial real estate sector.
In the first five months of 2023, 554 realty firms went out of business, up 30.4 per cent year-on-year. Others became worse off as their revenue and profit fell by nearly 7 and 40 per cent, respectively.
Land and industrial infrastructure rental costs are increasing by approximately 10 to 15 per cent annually in Vietnam, but according to the most recent analysis by Vietnamese real estate market research firms, land rents for development and infrastructure in the country's industrial parks (IPs) remain competitive compared to other emerging markets.
The development of eco-industrial parks is considered an effective solution to contribute to completing the net zero emission target by 2050 in Việt Nam. However, there are still many problems with the mechanism.
President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week.
A series of consecutive events will take place in 11 cities and provinces across Việt Nam, offering visitors a detailed look at the highly-anticipated new vehicles, including test drives for prospective buyers.