NGUYỄN TẤN LƯỢNG (Trường Đại học Mở TP. Hồ Chí Minh)
Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.
Digital transformation is not only a trend but also essential for businesses to thrive as the fourth industrial revolution (4IR) has boomed globally, heard at a conference held in Ho Chi Minh City on October 20.
Deputy Prime Minister Trinh Dinh Dung on October 18 received Robert Yap, Executive Chairman of YCH Group - a leading Singaporean logistics enterprise which intends to invest in developing a logistics centre in Vietnam.
The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.
A string of important IT events will be held in the central coastal city of Da Nang from October 21-24, helping promote cooperation among Vietnamese and foreign IT firms, the Vietnam Software and IT Services Association (VINASA) said on October 16.
The administration of Ho Chi Minh City and the British Business Group Vietnam (BBGV) held a conference on October 14 to seek ways for removing difficulties facing British investors.
Hanoi raked in about 6.23 billion USD in foreign direct investment (FDI) during the first nine months of this year, continuing to lead the country in FDI attraction, according to the municipal People's Committee.
The northern province of Vinh Phuc has become popular among both domestic and foreign investors as a friendly and promising destination for successful projects.
Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.
Politburo member and Secretary of the Ho Chi Minh City People's Committee Nguyen Thien Nhan hosted a reception on September 24 for new US Consul General in the city Marie C.Damour.
The jobless rate among Singaporean citizens stood at 3.3 percent in June 2019, as compared to 3.2 percent in March, according to the Ministry of Manpower.
A workshop titled 'Heritage Preservation & Economic Development' was held by the Consulate General of Italy in Ho Chi Minh City and the Italian Chamber of Commerce in Vietnam (ICHAM) on September 11 in the framework of the Italian Design Day 2019.
Of the total 25,000 vacant jobs Ho Chi Minh City needs to fill in September, 81.36 percent require skilled workers, according to Vice Director of the city's Human Sources Forecast and Labour Market Information Centre Tran Le Thanh Truc.
Vietnam encourages businesses from the Republic of Korea (RoK) to make investment in specialized industrial parks targeting Korean firms and Vietnamese small- and medium-sized enterprises.
New products and advanced technologies in real estate, construction, building materials and exterior-interior décor are being showcased at nearly 1,600 pavilions during the second edition of the Vietbuild Hanoi International Exhibition in 2019, which opened in the capital city on September 4.
As many as 90,500 new businesses were established in the first eight months of the year, with a combined registered capital of 1.1 quadrillion VND (47.3 billion USD), a year-on-year increase of 3.5 percent in the number of enterprises and 31 percent in capital, according to the General Statistics Office (GSO).
The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.
Vietnamese businesses have invested nearly 440 million USD abroad since the beginning of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
A delegation of businesses from Asahikawa city of Japan visited Thua Thien-Hue on August 29 and 30 to explore investment chances in the central province of Vietnam.
Vietbuild Hanoi 20019 will take place from September 4-8 in the capital city, featuring 1,600 pavilions from 18 countries and territories, organizers said at a press conference on August 30.
Positive business performance and the divestment of State capital from enterprises has helped firms in the water supply and drainage sector draw attention from investors.
The merger and acquisition (M&A) scene in Vietnam has become increasingly active with more domestic firms setting up ties with global partners so their brands can reach global customers and develop domestically.
Vietnam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vietnam can take advantage of the shifting FDI flow out of China remains to be seen.
After lagging behind other provinces and cities nationwide in attracting Japanese investment, the central city of Da Nang has emerged as a popular destination for investors from the Land of the Rising Sun.
Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said.
Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.
Opportunities for Australian firms to invest in Vietnam have never been better than now when the Southeast Asian economy is growing rapidly, said participants at a Vietnam-Australia business dialogue held in Sydney on July 22.
The Government and competent agencies of Vietnam pledge to create favourable conditions and business environment for Japanese enterprises to do business in Vietnam, Prime Minister Nguyen Xuan Phuc has said.
The government has continued to push for the increased use of rubber in the construction of roads nationwide by having rubber resin mixed with para soil cement.
Vietnamese enterprises are set to take part in the Vibrant Goa Global Expo and Summit (VG GES) 2019 to be held in October in Goa, India, delegates have told a seminar to introduce the event in Ho Chi Minh City.
Vietnam's booming economy will see another surge of new investment after signing a free trade agreement with the European Union (EU) that could hasten the exodus of manufacturers from China, according to analysts.
After Vietnam signed a bilateral free trade agreement with the European Union (EU), many Japanese enterprises expressed their optimism about business opportunities that the deal could bring to the Southeast Asian market.
Workshops to promote trade and investment from Spain to the northern province of Tuyen Quang of Vietnam have been held in Madrid and Sevilla, attracting representatives from 50 Spanish enterprises.
Leading Japanese corporations on July 1 signed Memoranda of Understanding (MoU) with Hanoi to invest a total of close to 4 billion USD in projects in the capital city.
Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.
Many solar power plants have become operational in the southern region in the first half of 2019, showing part of the solar power development wave to meet the economic growth demand in Vietnam.
The State Capital Investment Corporation (SCIC) plans to sell State capital at 108 businesses including many big ones this year.
The Mekong Delta city of Can Tho always welcomes and creates favourable conditions for Japanese corporations to land their investment in the locality, Vice Chairman of the city People's Committee Duong Tan Hien said on June 19.
Thai firms are stepping up investment in renewable energy projects in Vietnam, particularly solar power, through merger and acquisition (M&A) deals.