While both newly- and additionally-registered capital soared by double-digits in the first 10 months, foreign direct investment disbursement decreased slightly during the period.
Foreign direct investment (FDI) is to continue flowing into Vietnam from Europe in the medium to long-term thanks to the EU-Việt Nam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.
Medtronic Vietnam, a subsidiary of Medtronic Plc. (NYSE: MDT), a global leader in healthcare technology, has been named as one of the Best Companies to Work for in Asia 2021 by leading human resources magazine HR Asia.
Vietnam’s benchmark VN-Index returned to the 1,390-range with a 0.45 percent gain Tuesday as the majority of blue chip tickers ended in the green.
Fitch assigned a long-term issuer default rating (LT IDR) of ‘B’ to Phat Dat Real Estate Development Corporation (HSX: PDR), reflecting the company’s healthy financial indicators and strong growth in Vietnam.
One energy project and three automotive projects will be removed from the list of projects calling for foreign investment in 2021-2025.
Foreign direct investment (FDI) is to continue flowing into Việt Nam from Europe in the medium to long-term thanks to the EU-Việt Nam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.
The State Bank of Vietnam set the daily reference exchange rate at 23,129 VND/USD on October 26, down 7 VND from the previous day.
The sharp increase in gas prices recently will surely affect the speed of economic recovery and increase prices of goods. However, this is not the time to intervene and regulate the domestic petroleum market through tax exemption or reduction.
Switzerland and Vietnam signed an agreement on the implementation of the Trade Policy and Export Promotion (SwissTrade) project on October 22 to improve trade performance and international competitiveness of small- and medium-sized enterprises by enhancing the framework conditions for trade, improving public-private dialogue mechanisms, and strengthening the eco-system for trade promotion.
Developing supporting industries is one of the most important solutions for Vietnam to improve the quality and competitiveness of the economy, develop sustainably, and avoid the middle-income trap. Therefore, the government has been making efforts to promote this development through the revision of many important policies in a strategic, comprehensive, and synchronous manner.
The Hoa Binh Construction Group (HBC) and Scotland’s Shire Oak International (SOI) have struck a strategic deal to develop rooftop solar power.
Homegrown audiobook apps have been soaring in popularity in Vietnam as people spent more time at home this summer, accelerating the shift of traditional book readers to digital sources.
The State Bank of Vietnam set the daily reference exchange rate at 23,142 VND/USD on October 22, down 3 VND from the previous day.
Intensive efforts are underway with support from diverse stakeholders to promote the sustainable use of rice husks and other biomass resources for electricity and heat production throughout Vietnam.
A workshop on cooperation opportunities in clean and renewable energy development between Vietnam and Quebec of Canada took place on October 21 in both online and face-to-face forms, attracting the participation of Canadian scholars and representatives from businesses of the two countries.
As Hanoians were able to go out on the streets to get breakfast, a coffee, and enjoy the chilly early autumn air last week, the city’s retail market showed signs of improvement after a period of low growth in which the total retail sales of consumer goods and services in the first nine months of the year fell by 7.1 per cent over the same period in 2020.
The Regional Comprehensive Economic Partnership (RCEP) is especially important today because you need to keep trade lanes open – and this is a trade-dependent region. But you also need to have new sources of economic growth. It seems clear that we are going to have an uneven recovery coming out of COVID-19, so you want to be harnessed to different possible engines to drive the recovery.
Masan has been continuously opening multi-experience stores CVLife to integrate more services from its latest acquired startup Mobicast. At CVLife stores, customers can buy necessities at WinMart+, make financial transactions at Techcombank, buy medicine and functional foods at Phano, enjoy famous Phuc Long tea and coffee, and soon use Mobicast’s digital services.
With the Regional Comprehensive Economic Partnership expected to enter into force early next year, more prospects could open up for Vietnam to woo additional investment and expand its trade with international partners.