Ho Chi Minh City attracts 2.9 billion USD in FDI in H1 (17/07/2023)
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, a year-on-year increase of 30.7%.

Vietnam could benefit as investors look for low-cost production centres: Savills (17/07/2023)
Countries like Vietnam and Indonesia could be beneficiaries if firms start to look for low-cost production centres in Asia, particularly for labour-intensive and low-margin industries, Savills Asia Pacific has said.

Ziehl-Abegg expands footprint with new production facility in Vietnam (17/07/2023)
Ziehl-Abegg, a manufacturer of electric motors, air conditioning equipment, and fans that is headquartered in Germany, has just unveiled its strategic plans to establish a new production facility in Vietnam, a move aimed at expanding its global footprint.

Experts confident in Vietnam’s economic recovery (14/07/2023)
Although Vietnam’s growth has slowed down amid global economic crises, he country is showing stronger performance than the majority of others in the world and continuing to be an attractive destination for foreign manufacturers, according to insiders.

FDI inflows into VN real estate total over US$66 billion (14/07/2023)
Vietnam has to date attracted 37,500 foreign direct investment (FDI) projects worth nearly 450 billion USD, including 1,100 projects in real estate with a total capital of 66.4 billion USD, heard an international workshop in Hanoi on July 13.

Foreigners wishing to buy a house in Vietnam in great demand (14/07/2023)
More than three million foreign individuals and organisations have purchased apartments in Vietnam, and the number is expected to continue rising moving forward, heard a workshop held on July 13 in Hanoi.

AMRO revises up Vietnam’s growth forecast for 2024 (13/07/2023)
Vietnam’s growth forecast for 2024 has been raised to 7.6% from last April’s projection of 7.1%, reflecting signs of an emerging turnaround.

Vietnam sees sharp increase in new FDI projects in first half of 2023 (13/07/2023)
The total of foreign direct investment (FDI) capital in Vietnam was more than 13 billion USD in the first half of this year. 1,300 new projects have been granted investment registration certificates, up 70% from last year.

Vietnam sets out stall on GMT impacts (13/07/2023)
Concerns among multinational corporations about new global tax impacts are expected to be eased by Vietnam’s efforts to facilitate the foreign business community.

Vietnam struggling to secure new PPP contracts since 2021 (13/07/2023)
Vietnam’s efforts to attract new investments through the public-private partnership (PPP) model have faced a setback, with no new contracts being signed since the enactment of the PPP Law in 2021.

Intel to pour more investment in Vietnam (12/07/2023)
Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.

Overseas remittances to Ho Chi Minh City hit US$4.4 billion in first half (12/07/2023)
Overseas remittances to Ho Chi Minh City during the first half of the year stood at an estimated US$4.4 billion, equivalent to 66% compared to 2022’s figure, according to the latest report released by the Ho Chi Minh City People’s Committee.

Vietnam remains attractive to European investors (12/07/2023)
Vietnam remains appealing to European investors amidst the tough global situation, according to the latest report by The the European Chamber of Commerce in Vietnam.

Vietnam sets out stall on GMT impacts (12/07/2023)
Concerns among multinational corporations about new global tax impacts are expected to be eased by Vietnam’s efforts to facilitate the foreign business community.

Capital region’s second airport expected by 2050, to serve int’l flights (11/07/2023)
The investment is estimated at about VNĐ420 trillion (US$18 billion), mobilised from the State budget, non-budget capital and other legal capital sources.

Foreign firms expect better business in Q3: EuroCham (11/07/2023)
The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) report for Vietnam in the second quarter of 2023, showing a 9% increase in the number of business leaders who positively assess their business prospects for the third quarter of 2023 compared to their assessment for the second quarter.

Singaporean interest in Vietnam flourishes (11/07/2023)
Singaporean and regional investment in Vietnam is expected to thrive in the months to come, following a number of cooperation agreements and commitments reached by the two governments last week.

Vietnam’s economic moment has arrived: Financial Times (11/07/2023)
The UK-based Financial Times has posted an article in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.

Ample room remains for food processing industry’s development (10/07/2023)
There remains an ample room for the food processing industry to develop further and attract more investment, experts have said at a recent seminar on new trends and technologies in the food processing field held in HCMC.

German companies have high expectations of VN market: survey (10/07/2023)
German businesses in Việt Nam are more confident about growth and have positive expectations about the country’s economic growth than they did in autumn 2022, according to a biannual survey.