With preferential policies on land investment and value-added and corporate taxes for enterprises, the number of investment projects for key exports is expected to increase.
Ikea Vietnam plans to invest US$450 million on a retail centre and warehouse system in Hanoi, according to a government official.
Japan tops the list of 112 countries and territories invested in Vietnam in 2018, with USD 8.59 billion, contributing 24 percent to the nation’s total FDI.
A student of Vinh Long Technical Education University has invented a model of raising pangasius using herbs, helping farmers generate sustainable economic value.
Vietnam may be the next destination of Apple manufacturers if the US government applies the 25 per cent tax rate on its products, which are mainly manufactured in China.
An article published by US magazine Forbes has recently considered Vietnam as the hottest investment destination in Asia.
Analysts believe banking credit growth will ease off next year, but since lending activities will mainly be focused on the economy, growth will not be affected.
Google is considering procedures to set up a representative office in Vietnam on the basis of compatibility between local and international laws.
A Japanese newspaper has heralded Ho Chi Minh City as a “Silicon Valley of Asia” thanks to its upgraded infrastructure and growing financial areas.
According to the Vietnam News, ViMariel S. A. – a subsidiary of Vietnam Glass and Ceramics for Construction Corporation (Viglacera) on November 28 kick started the construction of the first industrial park in Mariel Special Economic Development Zone (ZEDM) (Cuba).
Prime Minister Nguyen Xuan Phuc suggested Sumitomo Mitsui Banking Corporation (SMBC) further expand its investment in Vietnam during a reception in Hanoi on November 22 for President of Sumitomo Mitsui Financial Group (SMFG) and SMBC President Koichi Miyata.
Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Việt Nam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).
Việt Nam is one of top targets for cross-border investment, according to PwC’s survey released recently.
"If you are working hard but seeing little to no increase in sales, this could be attributed to a lack of understanding about human behaviors", said Ted Chong, founder of Ice Cube Marketing, a direct response digital marketing agency in Singapore.
The Vietnamese Government and the European Commission (EC) have pledged to carry out the Europe-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (IPA) in a timely and effective manner.
Ten investors have pledged to invest more than VND35 trillion (US$1.52 billion) into 16 tourism development projects in the northern province of Bac Giang.
Vietnam has experienced 30 years of successfully attracting foreign direct investment (FDI) and more opportunities stay ahead. Caitlin Wiesen, UNDP country director in Vietnam, writes about the need for the country to shift the FDI focus from quantity to quality.