Japanese companies highly evaluate Vietnam’s business climate and tend to boost investment in the manufacturing industry, heard a press conference held by the Japan External Trade Organisation (JETRO) Office in Ho Chi Minh City on March 4.
Almost all industrial sectors in Hanoi witnessed a decline in their production in February, partly due to the nine-day Lunar New Year holiday, according to the city’s Statistics Office.
Hanoi needs to use a different approach in order to attract and effectively use foreign direct investment (FDI), given new opportunities and challenges that are expected to pop up in the next 10 years, Deputy Prime Minister Vuong Dinh Hue said at a working session with municipal leaders on January 29.
Standard Chartered Bank has forecast that Vietnam will see a stable economic growth of 6.9 percent in 2019, buoyed by strong FDI-supported manufacturing industry.
New policies promoting development of the domestic automobile sector will create opportunities for the industrial real estate market, according to a CBRE Vietnam report released in December.
The southern province of Ba Ria – Vung Tau is one of the top three localities in the country in luring investment, especially foreign direct investment (FDI), with total registered capital of 3.6 billion USD in 2018.
The rate of land rental in the industrial parks (IPs) and industrial clusters in the southern province of Binh Duong has reached 80.8 percent and 70.6 percent, respectively.
Vietnam’s manufacturing Purchasing Managers’ Index (PMI) climbed from a 10-month low of 51.5 in September to 53.9 in October, pointing to the strongest improvement in the health of the country’s manufacturing industry since July, IHS Market’s Nikkei reports released on November 1 showed.
Prime Minister Nguyen Xuan Phuc called on Austrian businesses to invest in a wide range of areas in Vietnam while addressing the Vietnam-Austria Business Forum in Vienna on October 15.
Vinfast Manufacturing and Trading Company Limited, a subsidiary of Vietnamese conglomerate Vingroup, unveiled two of its new car models at the 120th Paris Motor Show on October 2.
As many as 165 companies from 15 countries and territories will participate in the 6th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA HANOI 2018), scheduled to take place in the city from October 16-18.
The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam now has a golden population structure and a fast growing middle class – potential buyers of private cars, which is forecast to boost domestic car sales by about 22 percent annually from now to 2025.
The processing and manufacturing industry has been the most attractive sector for foreign investors this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam’s manufacturing and processing industry is optimistic for the second quarter of 2018, with 91 percent of enterprises in the industry predicting production volume to expand or stay flat from the first three months of the year
Ho Chi Minh City reeled in 1.28 billion USD in foreign direct investment (FDI) in the January-March period, 3.8 times higher than that the same period of 2017, via newly-licensed and added investments and share purchase.
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