FDI is expected to remain a pivotal catalyst for economic advancement throughout ASEAN countries, with VN positioning itself as a leading contender in the pursuit of top-tier FDI from Japan.
According to a report from the China Wind Power Database, Envision Energy now ranks first out of 14 turbine manufacturing contractors for the total capacity of its wind power projects, with 22,526MW. Goldwind Technology is now ranked second with 20,632MW.
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Aiming to support the under-privileged communities after a challenging 2023, HEINEKEN Vietnam organised the “HEINEKEN Cares - Joining Hands towards a happy and healthy Tet” programme in collaboration with the Vietnam Red Cross Society.
The increasing inflow of remittances to Vietnam over the years has increased the foreign currency reserve while helping enterprises expand production and business, thus creating an impetus for socio-economic development, according to economists.
As we approach the financial announcement season of 2023, numerous securities firms have released analysis reports focusing on the TPB code of Tiên Phong Commercial Joint Stock Bank. Notably, all these analyses underscore the deterioration in the bank’s asset quality.
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.
Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.
The lifting of the trade embargo against Vietnam by President Bill Clinton 30 years ago paved the way for all the terrific advances made in the US-Vietnam trade and economic relations, said US ambassador to Vietnam Marc Knapper.
Last year marked Pharma Group’s 25-year journey of partnership in Vietnam. That year was even more significant for healthcare as we have witnessed several key laws issued with great improvements, notably the Law on Bidding and the Law on Medical Examination and Treatment.
The overseas Vietnamese (OV) community in the Czech Republic have been updated on a new resolution of the Vietnamese National Assembly (NA) on piloting some specific mechanisms and policies for the development of Ho Chi Minh City.
Vietnam plans to invest in two to four additional international telecommunications cables, each with a data capacity of 60 Tbps, by 2025.
Jadestone Energy plc, an independent upstream company focussing on the Asia-Pacific region, announced that it has signed a Heads of Agreement (HOA) with PetroVietnam Gas Joint Stock Corporation for the Gas Sales and Purchase Agreement (GSPA) relating to an offshore development in southwest Vietnam.
The National Assembly passed a new Law on Housing and new Law on Real Estate Business last November. Anh Le, managing partner at DN Legal, analyses a number of legal changes related to housing ownership of foreigners in Vietnam.
The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.
In 2023, Vietnamese people spent $1.4 billion on online food delivery platforms like Grab, ShopeeFood, Baemin, and GoJek.
The new Land Law should promote market mechanisms, regulate interest groups, put people first, and minimise disparities between real estate businesses.
FPT Long Chau and top private healthcare provider IHH Healthcare Singapore signed a cooperation agreement on January 29 to enhance the quality of high-tech medical treatment available in Vietnam.
Limited financial resources for industrial park technical infrastructure is preventing new investments and project expansions.
The positive growth trend of remittances during festive seasons 2024 contributes to the stability of exchange rates, the foreign exchange market, and economic growth in Ho Chi Minh city.