VIETNAM BUSINESS INFORMATION

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HIGHLIGHT

Viet Nam, China issue joint press release

Viet Nam, China issue joint press release

30/06/2023 | 13:27

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 to attend expanded G7 Summit in Japan

Prime Minister Pham Minh Chinh to attend expanded G7 Summit in Japan

19/05/2023 | 15:46

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.

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INVESTMENT

Vietnam attracts over 13.4 billion USD in FDI in H1

Vietnam attracts over 13.4 billion USD in FDI in H1

30/06/2023 | 13:32

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 approves Yen Hung LNG Port project

Quang Ninh approves Yen Hung LNG Port project

28/06/2023 | 16:54

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.

Thailand encourages firms to exploit Vietnam’s retail market

Thailand encourages firms to exploit Vietnam’s retail market

20/06/2023 | 13:24

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.

Vietnam tasked with gaining FDI edge

Vietnam tasked with gaining FDI edge

09/06/2023 | 18:11

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.

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MARKET

CORPORATE

50 businesses honoured for sustainable development

50 businesses honoured for sustainable development

30/06/2023 | 14:05

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).

Ministry proposes reducing 50% of various fees and charges

Ministry proposes reducing 50% of various fees and charges

05/06/2023 | 09:53

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.

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REAL ESTATE

Industrial real estate firms to benefit from land fund shortage

Industrial real estate firms to benefit from land fund shortage

30/06/2023 | 14:16

The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.

Industrial Market: Demand for tier 2 provinces

Industrial Market: Demand for tier 2 provinces

22/06/2023 | 13:40

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.

Real estate living on borrowed time

Real estate living on borrowed time

09/06/2023 | 17:59

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.

Vietnam's industrial rents are rising swiftly

Vietnam's industrial rents are rising swiftly

06/06/2023 | 13:52

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.

Eco-industrial park development targets net zero emissions

Eco-industrial park development targets net zero emissions

05/06/2023 | 09:56

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.

WORLD NEWS

Biden unveils election battle plan: 'Bidenomics'

Biden unveils election battle plan: 'Bidenomics'

30/06/2023 | 14:29

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.

EVENTS

VinFast to launch EV exhibitions across Việt Nam

VinFast to launch EV exhibitions across Việt Nam

30/06/2023 | 14:35

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.