Vietnam courts Saudi investment funds to boost infrastructure (23/10/2023)
Vietnam is pursuing concessional loans from Saudi Arabian sovereign investment funds, with a focus on enhancing transportation and urban infrastructure. It aims to secure support from the Saudi Fund for Development (SFD) and the Public Investment Fund (PIF).

Vietnam enhances positions in global value chain (23/10/2023)
The attraction of large foreign direct investment (FDI) inflows from the US and Europe, especially into industries with high added value such as manufacturing, technology and pharmaceuticals, is a positive signal about Vietnam’s economic development and international cooperation as well as the country’s efforts in improving its position on the global value chain, according to Savills Vietnam experts.

New FDI commitments reflect continued confidence by foreign investors in Viet Nam: WB (20/10/2023)
New foreign direct investment (FDI) commitments reflect continued confidence by foreign investors in Viet Nam’s outlook despite global uncertainties, noted the World Bank (WB).

Vietnam pledges to protect legal and legitimate rights and interests of foreign firms (20/10/2023)
Commitment made at Vietnam - Saudi Arabia Business Forum in Riyadh on October 19.

Vietnam remains attractive investment destination for international investors (20/10/2023)
Vietnam remains an attractive investment destination for international investors, according to the European Chamber of Commerce in Vietnam (EuroCham).

FDI firms enjoy trade surplus of over 55 billion USD in 9 months (19/10/2023)
Import-export turnover of FDI enterprises totaled more than 341 billion USD in the first 9 months of the year, down 11.9% (equivalent to more than 46 billion USD), according to the latest preliminary statistics of the General Department of Customs.

IMF maintains forecast for Vietnam’s 2023 GDP growth at 4.7% (19/10/2023)
Experts from the International Monetary Fund (IMF) maintained their forecast for Vietnam’s GDP growth at 4.7% in 2023 but expressed their optimism about the medium-term prospects, with GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.

Vietnam eyes foreign investment boost for banking sector (19/10/2023)
At the meeting conference between the prime minister and foreign investors on October 17, Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), gave a warm welcome to foreign investors as they stood ready to address the challenges faced by underperforming Vietnamese banks.

DEEP C: Foreign investors are committed long-term in Vietnam (18/10/2023)
Bruno Jaspaert, general director of DEEP C Industrial Zones, spoke at a conference converging members of the foreign investor community in Hanoi on October 16.

New investment draft resolutions draw near (18/10/2023)
The draft resolutions on simplified investment procedures and incentives are coming ever closer to approval, blazing a trail for high-tech investment attraction.

Realty demand gains strength amid economic recovery (18/10/2023)
The real estate sector is finally emerging from its slumber as the economic recovery in the third quarter of the year has triggered a resurgence of demand for realty properties.

Vietnam’s overseas investment up 4.6% during nine months (18/10/2023)
Vietnam’s overseas investment approximated 416.8 million USD during the first nine months of 2023, rising 4.6% year on year.

NIC ready for the inauguration next two weeks (17/10/2023)
The inauguration week of the NIC (the National Innovation Centre) as well as many exhibitions and seminars will take place during October 28 - November 1, 2023.

HiteJinro to build a $100 million soju plant in Thai Binh (17/10/2023)
South Korean soju maker HiteJinro will spend $100 million building a manufacturing plant in the northern province of Thai Binh, turning Vietnam into its first overseas manufacturing base.

Research needed to identify best investment plan for North-South high-speed rail project (17/10/2023)
Total investment in 1,545-km rail link estimated at $58.71 billion.

BeLuxCham holds ESG: Evolving to the Next Level conference (16/10/2023)
The Belgian-Luxembourg Chamber of Commerce in Vietnam (BeLuxCham), the Embassy of Belgium in Vietnam, and DEEP C Industrial Zones are co-organising the ESG: Evolving to the Next Level conference on November 30 and December 1 in Ho Chi Minh City.

NA delegation points out problems in wind, solar power development (16/10/2023)
The FIT (feed in tariff) electricity pricing policy spurred development of wind and solar power in Vietnam, but solutions to electricity purchase pricing after the FIT ended has caused policy interruption.

South Korean cable maker expands into Vietnamese market (16/10/2023)
LS C&S Asia, a cable manufacturer from South Korea, is partnering up with a state-owned enterprise in Vietnam and entering the nation’s subsea cable market.

Vietnam eyes emerging stock market status by 2025 (16/10/2023)
Vietnam is working hard to have its stock market upgraded from frontier status to an emerging market by 2025.

Foreign investors remain optimistic about Vietnamese stock market (13/10/2023)
Foreign investors have increased their net buying since the end of September, indicating that they still see the bright prospects of Vietnam’s economy and find its stock market attractive in the medium and long term.