Switzerland wishes to sign FTA between Việt Nam and EFTA members (03/07/2023)
President of the National Council of Switzerland Martin Candinas expressed his wish that the Free Trade Agreement (FTA) between Việt Nam and European Free Trade Association States (including Norway, Switzerland, Iceland, and Liechtenstein) will soon be signed, during his talks with Prime Minister Phạm Minh Chính on Friday in Hà Nội.
President of the National Council of Switzerland Martin Candinas expressed his wish that the Free Trade Agreement (FTA) between Việt Nam and European Free Trade Association States (including Norway, Switzerland, Iceland, and Liechtenstein) will soon be signed, during his talks with Prime Minister Phạm Minh Chính on Friday in Hà Nội.
Ho Chi Minh City attracts 2.9 billion USD in FDI in H1 (30/06/2023)
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
Vietnamese firms need to meet net zero standards (30/06/2023)
Net zero is a global game and Vietnamese firms need to quickly prepare to meet its standards so as not to miss, experts said.
Net zero is a global game and Vietnamese firms need to quickly prepare to meet its standards so as not to miss, experts said.
Vietnam needs to roll out red carpet for investors in airport projects (30/06/2023)
Twelve airport projects have been included on the list of projects to be developed with diverse capital sources. The state needs to offer attractive incentives to lure investors as these are not high-profit making ventures.
Twelve airport projects have been included on the list of projects to be developed with diverse capital sources. The state needs to offer attractive incentives to lure investors as these are not high-profit making ventures.
Opportunities for Swiss fintech startups numeral in Vietnam: report (28/06/2023)
Swiss fintech startups should tap into opportunities in VN – the country with rising demand for digital financial solutions, supportive policies, and government initiatives to nurture fintech innovation, according to a new Vietnam Fintech report.
Swiss fintech startups should tap into opportunities in VN – the country with rising demand for digital financial solutions, supportive policies, and government initiatives to nurture fintech innovation, according to a new Vietnam Fintech report.
PM calls for more Chinese investments (28/06/2023)
Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
VN-Index extends five-session rally, albeit with declining liquidity (28/06/2023)
Shares extended their rallying streak on the Hồ Chí Minh Stock Exchange but liquidity decreased significantly, showing investors’ caution ahead of the closing of Q2 net asset value of funds this week.
Shares extended their rallying streak on the Hồ Chí Minh Stock Exchange but liquidity decreased significantly, showing investors’ caution ahead of the closing of Q2 net asset value of funds this week.
Belt Road No. 3 Project to officially start (27/06/2023)
The ambitious Belt Road No. 3 Project in Ho Chi Minh City will officially open for construction on 18 June and it is hoped that along with the people of Ho Chi Minh City, other neighboring provinces will also benefit from this breakthrough infrastructure which has been 12 years in the planning.
The ambitious Belt Road No. 3 Project in Ho Chi Minh City will officially open for construction on 18 June and it is hoped that along with the people of Ho Chi Minh City, other neighboring provinces will also benefit from this breakthrough infrastructure which has been 12 years in the planning.
Exchange rate forecast to remain stable in second half of 2023 (27/06/2023)
According to experts of Yuanta Vietnam Securities Company, the USD/VND exchange rate from the beginning of 2023 fluctuated around a range of +/- 1.9% at 23,240 - 23,630 VND per dollar, much more stable than in 2022 when the rate sometimes peaked at 24,692 VND per dollar, up 4.2% against the State Bank of Vietnam (SBV)’s reference exchange rate.
According to experts of Yuanta Vietnam Securities Company, the USD/VND exchange rate from the beginning of 2023 fluctuated around a range of +/- 1.9% at 23,240 - 23,630 VND per dollar, much more stable than in 2022 when the rate sometimes peaked at 24,692 VND per dollar, up 4.2% against the State Bank of Vietnam (SBV)’s reference exchange rate.
Members determined to smooth CPTPP path for UK (27/06/2023)
Vietnam continues to back up Britain’s entry into a major trade pact, although the exact benefits for members are yet to be fully understood.
Vietnam continues to back up Britain’s entry into a major trade pact, although the exact benefits for members are yet to be fully understood.
Pharmacy firms prosper, attract foreign investors (27/06/2023)
The second largest pharmacy firm coveted by many foreign investors is planning a big dividend payment campaign.
The second largest pharmacy firm coveted by many foreign investors is planning a big dividend payment campaign.
Việt Nam remains ideal destination for global giants (27/06/2023)
Despite a decline in global investment flows, Việt Nam remained an attractive destination for foreign companies, especially large-scale ones, experts have said.
Despite a decline in global investment flows, Việt Nam remained an attractive destination for foreign companies, especially large-scale ones, experts have said.
Food industry faces challenges but remains competitive (26/06/2023)
Faced with increased competition at home and stringent export requirements, food companies can remain competitive only by improving quality and production methods, experts have said.
Faced with increased competition at home and stringent export requirements, food companies can remain competitive only by improving quality and production methods, experts have said.
South Korean giants to pour billions of dollars into Vietnam (26/06/2023)
More than 100 MoUs were signed by South Korean and Vietnamese businesses at the Vietnam-South Korea Business Forum on June 23.
More than 100 MoUs were signed by South Korean and Vietnamese businesses at the Vietnam-South Korea Business Forum on June 23.
Vietnam, Netherlands tighten cooperation in climate change adaptation (26/06/2023)
Deputy Prime Minister Tran Hong Ha will co-chair the 8th meeting of the Vietnam-Netherlands Intergovernmental Committee on Climate Change Adaptation and Water Management slated for June 25-27 in The Hague.
Deputy Prime Minister Tran Hong Ha will co-chair the 8th meeting of the Vietnam-Netherlands Intergovernmental Committee on Climate Change Adaptation and Water Management slated for June 25-27 in The Hague.
Vietnam, RoK exchange 17 cooperation documents (26/06/2023)
President Vo Van Thuong and his visiting counterpart from the Republic of Korea (RoK) Yoon Suk Yeol witnessed the exchange of 17 cooperation documents across fields between agencies of the two countries after their talks in Hanoi on June 23.
President Vo Van Thuong and his visiting counterpart from the Republic of Korea (RoK) Yoon Suk Yeol witnessed the exchange of 17 cooperation documents across fields between agencies of the two countries after their talks in Hanoi on June 23.
Vietnam considered rising star to become emerging market (23/06/2023)
A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.
A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.
HSBC Vietnam helps Vietnamese e-vehicle start-up access foreign investment (23/06/2023)
The HSBC Vietnam will support Dat Bike Vietnam Co. in digitalising its financial operations and taking initial steps into the international financial market.
The HSBC Vietnam will support Dat Bike Vietnam Co. in digitalising its financial operations and taking initial steps into the international financial market.
Interest rate cuts expected to revitalize businesses (23/06/2023)
Experts say the State Bank of Vietnam (SBV) is expected to cut interest rates further to rates seen during the pandemic. However, the effectiveness of the cut is unclear.
Experts say the State Bank of Vietnam (SBV) is expected to cut interest rates further to rates seen during the pandemic. However, the effectiveness of the cut is unclear.
M&A in Vietnamese real estate heat up (23/06/2023)
The market is witnessing a significant number of mergers and acquisitions as large corporations and investment funds quietly acquire real estate businesses and projects in Vietnam.
The market is witnessing a significant number of mergers and acquisitions as large corporations and investment funds quietly acquire real estate businesses and projects in Vietnam.
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