The relatively low devaluation of the VND against the USD in comparison with that of other currencies in the region shows that the Vietnamese stock market remains an attractive destination for investment flows, as uncertainties persist in most of the global financial market, according to a weekly investment strategy report of the Vietcombank Securities Co., Ltd (VCBS).
The northern province of Vinh Phuc raked in close to 1.15 billion USD in investment during the first three quarters of 2021, a slight increase from the same period last year, despite economic uncertainties caused by the COVID-19 pandemic.
Richard Maude, Senior Fellow at Australia’s Asia Society Policy Institute, has spoken highly of trade prospects of Southeast Asian nations against the backdrop of COVID-19.
Although the COVID-19 pandemic has interrupted the global supply chain and hurt regional economies, it may become a driving force for the signing of the Regional Comprehensive Economic Partnership (RCEP), said Chheang Vannarith, President of the Cambodian-based Asian Vision Institute (AVI).
The Chan May – Lang Co Economic Zone in the central province of Thua Thien – Hue, which boasts comprehensive infrastructure and an open investment environment, is hoped to attract new investment flows following the COVID-19 pandemic.
An online conference was jointly organised in Hanoi on July 9 by the Ministry of Planning and Investment (MoPI), the Japanese Embassy in Vietnam, the Japan External Trade Organisation (JETRO) and the Japan Bank for International Cooperation (JBIC) to promote Japanese investment flows into Vietnam.
Vietnam would welcome a new foreign direct investment capital flow after the COVID-19 pandemic with many favorable opportunities seriously in order to tap those opportunities effectively. Economic experts have said at a seminar on new FDI flow held recently in Hanoi.
Vietnam is like a rising star, meeting all the factors to improve its economic image and attract more foreign investment flows, according to an article published by The Times of India.
Japanese supplier of construction materials and equipment the JUTEC Corporation and Vietnam’s ISN Corporation have established a joint venture headquartered in Hanoi to welcome investment flows from Japan.
The Ho Chi Minh City People’s Committee released its approvals of nine investment projects, including a foreign direct investment (FDI) project and eight domestic ones, into the Saigon Hi-tech Park (SHTP) with a total value of 777.29 million USD.
Philippine President Rodrigo Duterte and his Singaporean counterpart Halimah Yacob have discussed measures to strengthen defence and security cooperation, and boost trade and investment flows.
The garment-textile sector has gained significant benefits brought about by the EU-Vietnam Free Trade Agreement (EVFTA) as more and more European businesses are investing in the industry.
Since Vietnam and the Republic of Korea (RoK) set up diplomatic relations in 1992, bilateral ties have seen robust growth in all fields, from politics, economy, security-defence to culture, education and science-technology.
New technology will be among key forces promoting investment flows into the Association of Southeast Asian Nations (ASEAN), Chief Executive Officer of Maybank Kim Eng Group of Malaysia Dato John Chong said at the Invest ASEAN Conference held recently in Singapore.
Deputy Prime Minister Vuong Dinh Hue has requested the Electricity of Vietnam (EVN) to review loss-making projects to ensure investment flows for its production and business.
Vietnam has become an attractive destination for Chinese and Taiwanese solar panel makers who want to make use of tax advantages to export to the US and Europe, according to Dau Tu newspaper.
The northern province of Quang Ninh has proved its attractiveness to both domestic and foreign investors, which can be seen in the flow of investment in recent years.
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