Since Vietnam and the Republic of Korea (RoK) set up diplomatic relations in 1992, bilateral ties have seen robust growth in all fields, from politics, economy, security-defense to culture, education and science-technology.
Foreign-invested enterprises have become an important driving force for Vietnam’s economic development and international integration after 30 years since the country began attracting foreign direct investment (FDI).
Vietnam continued to lead the ASEAN Manufacturing Purchasing Managers Index (PMI) rankings in August, despite a slower improvement in its goods-producing sector, Nikkei’s IHS Markit reported on Tuesday.
The real estate market in Vietnam has been active with new arrivals from foreign brokers and consultants.
Investors in solar energy projects are racing to begin operations before June 30, 2019, to qualify for incentives offered by the Government.
Improved PPP rules are expected to revitalize infrastructure investment in Vietnam, but legal entanglements continue to be a concern.
(Sourced from various news agencies)
If foreign investment inflows maintain their growth momentum until the end of the year, Vietnam can expect a new foreign investment record for the decade. Of particular note, the majority of the increase is generated by M&A deals.
Vietnam’s industrial production index (IPI) rose 11.2 percent on-year in the first eight months of 2018, the General Statistics Office (GSO) has announced.
The government’s plans to improve the quality of FDI inflows have brought initial results with more foreign investors targeting to set up high-tech projects in the country.
Many listed companies have announced reviews of their financial statements for the first half of this year; as usual, the review reports reveal a discrepancy between the internal papers and reviews by auditing companies.
The consumer-to-consumer (C2C) market in Vietnam will become a space for global tycoons following many recent investment deals with Vietnamese enterprises.
Credit growth in the first eight months of this year rose by 8.18 percent over the end of last year, the lowest level since 2015, a report from the Ministry of Planning and Investment showed.
(Sourced from various news agencies)
HCM City authorities on August 30 pledged to continue providing assistance and creating favorable conditions for real estate companies at a meeting held in the city.
Some 87,448 new enterprises were established in the first eight months of the year, registering a total capital of 878.6 trillion VND (37.7 billion USD), a year-on-year increase of 2.4 percent in number of firms and 6.9 percent in capital, according to the General Statistics Office (GSO).
Japanese investors are seeking opportunities to join new transport projects in Vietnam as the Vietnamese government considers the investment for infrastructure development among the country’s top priorities.
Stocks struggled on August 30 morning, but buying power was overwhelming in the afternoon’s session, helping the market rebound.
Credit growth had stood at about 8.18 percent as of August 15, 2018 and is expected to be curbed at around 17 percent this year, said Minister-Chairman of the Government Office Mai Tien Dung.
Raising long-term capital is vital for the sustainable development of the local economy in the future, and rather than relying entirely on locally sourced capital, Vietnam should look to capitalize on foreign resources to rectify the issue of thin capitalization and enrich its capital market by improving market access to foreign investors and allowing foreign-invested companies to be listed on the local bourses.