Malaysia invests nearly $5bln in HCMC to date (15/06/2023)
Malaysian businesses had invested in 329 projects in Ho Chi Minh City as of the first quarter of 2023, with total registered capital of nearly $4.9 billion, according to Mr. Phu Lu, Deputy Director of the Ho Chi Minh City Center of Trade and Investment Promotion.

Vietnam, RoK intensify trade cooperation (15/06/2023)
Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen Hong Dien.

Vietnamese stock market becomes reliable destination for investors worldwide: official (15/06/2023)
The Vietnamese stock market has become a reliable destination for many investors worldwide in recent years, especially those in the Asia-Pacific, said Chairwoman of the State Securities Commission Vu Thi Chan Phuong.

Four mega highway projects to kick off (14/06/2023)
The construction of inter-regional highway projects and Ho Chi Minh City’s Ring Road No.3 will start in mid-June, according to the prime minister’s plan.

Vietnam, Belgium promote partnership in seaport, logistics (14/06/2023)
There are great opportunities for Belgian investors in the development of seaports in Vietnam, a country owning a coastline of over 3,200km, heard a conference held in Anvers city of Belgium on June 12.

Việt Nam, Thailand to advance “three connections” to raise bilateral trade to US$25b (14/06/2023)
Vietnamese Deputy Minister of Foreign Affairs Đỗ Hùng Việt and Permanent Secretary for Foreign Affairs of Thailand Sarun Charoensuwan co-chaired the ninth political consultation between the two countries in Hà Nội on Tuesday.

Vietnam becomes attractive colocation markets for foreign investors (14/06/2023)
Vietnam ranked seventh among the top 10 emerging colocation markets globally with a market size expected to hit 1.5 billion USD by 2026, according to a recent report by KPMG published earlier this month.

Five Vietnamese banks named in Forbes Global 2000 (13/06/2023)
A total of five local banks have been included in this year’s Forbes list of the world’s 2,000 largest firms.

Small-scale projects still in ascendency (13/06/2023)
Foreign-invested projects that are valued at less than $1 million continue to make up the majority of ventures as a whole, with enterprises often hedging their bets in terms of diversification and the upcoming global tax overhaul.

Vietnamese major bourse’s profit plunges 23% in 2022 (13/06/2023)
The Ho Chi Minh Stock Exchange (HOSE)’s total revenue in 2022 reached over 2.5 trillion VND, down 23% compared to 2021, the country’s major bourse has announced.

VN eyes investment in clean energy to develop carbon market (13/06/2023)
Viet Nam is seeking investment in clean energy as part of its scheme to develop a carbon market to achieve net zero emissions by 2050.

HoREA proposes using $5 billion credit programme to assist struggling enterprises (12/06/2023)
This capital, according to the Ho Chi Minh City Real Estate Association (HoREA), should be used to assist enterprises that are experiencing hardships but have the potential to be rehabilitated.

Deputy PM urges early handover of clean land for Long Thanh airport’s sub-projects (12/06/2023)
Deputy Prime Minister Tran Hong Ha has requested the Airports Corporation of Vietnam (ACV) to closely coordinate with the People’s Committee of the southern province of Dong Nai to accelerate ground clearance work and early hand over clean land for construction of sub-projects of Long Thanh international airport.

Carpe diem for EU firms to invest in Vietnam’s food processing industry: Vietnam Briefing (12/06/2023)
The EU firms have an especially advantageous position to enter Vietnam’s food processing market due to the close trade ties between Vietnam and the bloc, as well as a favourable image of European products among Vietnamese consumers, according to Vietnam Briefing news site.

Deputy Foreign Minister hails Hungary for considering Vietnam priority partner (12/06/2023)
Deputy Minister of Foreign Affairs Le Thi Thu Hang has hailed Hungary for considering Vietnam a priority partner in its policy of strengthening and expanding ties with Southeast Asian nations.

HCMC seeks ways to unlock resources of overseas Vietnamese (12/06/2023)
The Ho Chi Minh City People’s Committee is organizing a public consultation for the “Project on Policies to Attract and Promote Remittance Resources in HCMC.”

Thailand’s THG joins forces with IFF Holdings and Mithmitree Clinic to build wellness clinic (12/06/2023)
Thailand-headquartered Thonburi Healthcare Group (THG) forged a strategic alliance on June 9 with Vietnam-based property developer IFF Holdings and Mithmitree Clinic to embark on the construction of a state-of-the-art wellness clinic in Vietnam.

Two Chinese energy storage manufacturers consider investments in Vietnam (12/06/2023)
Two Chinese companies, Xiamen Hithium Energy Storage Technology and Growatt New Energy, are contemplating significant investments worth hundreds of millions of dollars in Vietnam’s renewable energy industry. The news comes as the country’s economy flourishes and electricity shortages persist.

Foreign Direct Investment will grow in Vietnam (09/06/2023)
In terms of Foreign Direct Investment inflow, Vietnam benefits more than any other country from the ongoing US-China trade war because of three important strengths that have promoted investment from multinational corporations and seen an increase in some exports.

Transport staples in need of funding (09/06/2023)
Foreign investment into transport segments continues to deviate despite the efforts of the transport sector and authorised agencies.