VN keeps drawing foreign firms despite lingering snags

European businesses are increasingly shifting their investment focus from China to Vietnam as a safer destination amidst shrinking global investment, said Alain Cany, European Chamber of Commerce Chairman.

The EuroCham representative said a lot of European CEOs visiting Vietnam have approached him recently with the message that “they are going to do less in China and want to do more in other Asian countries.”

Property remains strong, attractive

Vietnam’s property market remains strong and will attract even more investors in the near future, delegates said at a two-day international real estate conference that ended on Oct. 22 in HCM City.

Cruise tourism needs strategic plan

Poor port facilities have contributed to an alarming drop in cruise tourism to Vietnam, according to Vu The Binh, a senior official of the Vietnam National Administration of Tourism.

Since the beginning of this year, only 52,300 visitors came to Vietnam by sea, Binh said, a fall of 54 percent from the same period last year.

Vietnam focuses on developing craft villages

Developing craft villages so they can enable rural residents to earn a stable income, is one of the Ministry of Agriculture and Rural Development’s (MARD) major policies, said a senior ministry official.
Forum to call for investment in Central Highlands Business

Forum to call for investment in Central Highlands

A total of 120 projects calling for an estimated 100 trillion VND (5.6 billion USD) in investment will be put forth at a forum slated for Sept. 5 in Buon Ma Thuot city, in the Central Highlands province of Dak Lak .