Phúc Sinh JSC has announced that the company successfully sold shares to an investment fund from Europe with an undisclosed amount.
Despite formidable challenges for the real estate market in 2023, industrial property market has stood out as a bright spot that has maintained its growth momentum on the back of the foreign direct investment (FDI) flow, according to insiders.
Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023, reported the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).
Ups and downs in the stock market were seen in 2023, but recovery was still the general trend. Better opportunities are expected to come this year.
The European Chamber of Commerce in Việt Nam (EuroCham) released its 2024 Whitebook on Tuesday in Hà Nội. According to EuroCham, the release aims to bring together key stakeholders to bridge commerce and policy, while offering insights from the European business community on Việt Nam’s business policy.
As of the end of November 2023, the amount of outstanding loans provided to the real estate sector had reached VND1 quadrillion, up 3 percent over the previous month (VND994 trillion).
Vietnam’s European Plastics Joint Stock Company (EuP) has inaugurated a factory specialising in producing filler masterbatch in Sadat city, Menoufaya province of Egypt, marking the first factory of a Vietnamese enterprise in the Middle East country.
The World Economic Forum (WEF) will help Ho Chi Minh City to establish a Centre for the Fourth Industrial Revolution (C4IR).
Delays in granting title deeds to foreign apartment owners might prevent investors from infusing Vietnam’s property sector with more money, the European Chamber of Commerce in Vietnam (EuroCham) has said.
Prime Minister Pham Minh Chinh has called on investors to bring more capital and cutting-edge technologies to Vietnam.
Prime Minister Pham Minh Chinh chaired a discussion with representatives of the world’s leading banks and financial investment funds about the potential and opportunities to invest in Vietnam’s financial market, in Davos, Switzerland, on January 17.
The Vietnam Trade Office in Spain has warned domestic enterprises to be cautious when signing contracts with Spanish businesses to avoid risks.
Vietnam’s shrimp exports to Australia have doubled since the nation became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) five years ago.
Two-way trade turnover between Vietnam and the European Union last year fell 5.3% to US$72.3 billion, resulting in US$34.3 billion in trade surplus.
According to the statistics of the General Department of VietNam Customs, Vietnam’s exports to China increased by 6.4% year-on-year to US$ 61.2 billion.
Vietnam’s good imports and exports in 2023 have fallen short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6.6% year on year.
With a total export turnover of up to US$2.2 billion, Vietnam’s durian export boomed in 2023, bringing a good harvest season for durian farmers and exporters.
Experts have pointed out 10 problems that are hindering the development of the rice value chain, though Vietnam has great advantages for production.
Amazon’s Vice President Eric Broussard said global retail e-commerce has opened up many opportunities and created a new movement for sellers from many countries, including Vietnam.
The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts.