With the domestic housing market entering a period of stagnation, many construction companies of the Republic of Korea (RoK) have amended their business strategies, in which many choose Vietnam as their destination, the RoK’s Newdaily newspaper reported.
UK pharmaceutical exports to Vietnam witnessed a strong growth rate of 32% in the first nine months of 2022, according to British Ambassador to Vietnam Iain Frew.
The Republic of Korea (RoK) posted a trade surplus of 34.26 billion USD with Vietnam in 2022, according to the country's Ministry of Trade, Industry and Energy (MOTIE).
German Chancellor Olaf Scholz’s upcoming official visit to Vietnam will offer a good opportunity for the two countries to further beef up their bilateral relations, an expert from the German Asia-Pacific Business Association (OAV) has said.
Many Danish businesses, especially small- and medium-sized ones, have high hope for investment opportunities in the Vietnamese market, according to Ambassador to Denmark Luong Thanh Nghi.
Vietnam’s economy is on a growth trend driven by an opening up to foreign capital while the stock market is growing rapidly and offers attractive returns for a lower entry price than other Asian markets, said an article recently published on Luxembourg’s newswire delano.lu.
After seeing positive results in the first half of 2022, mergers and acquisition (M&A) activities in Vietnam are forecast to slow down in the second half as investors become more conservative about several macro trends impacting the country’s economy, according to an analysis of M&A data by Ernst & Young (EY).
The branded residence market is gaining a stronger foothold in the Vietnamese market with potential to further develop, shaping the lifestyle of the country’s elite, according to experts.
Ireland sees great potential to provide high-quality dairy products to the Vietnamese market, especially as tariffs will be reduced to zero percent on the first day of next year.
With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for spice production, consumption and export.
The International Vietbuild Exhibition 2022 is underway in the central city of Da Nang with the participation of more than 200 domestic and overseas businesses.
ASIM Telecom, developer of LOCAL mobile network, has officially been given a licence to establish a public telecom network from March 31, becoming the 8th network in the Vietnamese market.
Luxury airline Sun Air has become Gulfstream Aerospace’s international sales representative in the Vietnamese market following the signing of an agreement between the Vietnamese carrier and the US aircraft manufacturer in Hanoi on March 23.
Vietnam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.
As of December 30, five out of the best growth stocks in Vietnam have seen increases of more than 1,000 percent in value, with one even reaching an over 2,000 percent rise.
Nikkei Asia recently analysed foreign investment policies of Japanese retail groups, including retail giant AEON, noting that numerous groups plan to expand operations in the Vietnamese market.
The Republic of Korea (RoK) and Japan are eyeing bigger shares of Vietnam’s agricultural product and food market, given that the festive season is approaching with growing customer demand.