Vietnam has become an attractive destination for foreign investors largely due to the country's policies encouraging foreign direct investment (FDI), its political stability and strong economic growth, according to the latest report of JLL real estate services firm.
The Vietnam National Oil and Gas Group (PetroVietnam) has reported an estimated revenue of 111.8 trillion VND (over 4.8 billion USD) in the first two months of 2019, surpassing its target by 8 percent.
Hanoi’s consumer price index (CPI) in February rose by 0.89 percent month-on-month and 3.89 percent from the same month last year, according to the city’s Statistics Office.
Vietnam is in the early stages of developing renewable energy sources and needs to introduce more incentive policies to attract more investment, experts have said.
The Hanoi People’s Committee on March 3 proposed subsidised ticket rates on its first metro project – the Cat Linh-Ha Dong elevated railway – when the metro opens for commercial operation next month.
The agricultural sector posted a trade surplus of 1 billion USD in the January-February period despite a year-on-year decrease of 1.6 percent in export value.
Vietnamese shares are forecast to advance in March as investors may seize the chance to invest in companies that are about to provide clearer visions for 2019 at their annual shareholder meetings.
Northern Quang Ninh province is offering incentives to promote the opening of flights to Van Don International Airport, the first airport to be invested by a private business in Vietnam.
The State Treasury of Vietnam raised more than 18.8 trillion VND (809.9 million USD) via 10 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in February, down 48 percent from the previous month.
The Mekong Delta city of Can Tho will put into use 15 key projects with total investment of over 2.1 trillion VND (90.4 million USD) in 2019, according to Director of the municipal Department of Planning and Investment Nguyen Van Hong.
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