The foreign direct investment (FDI) sector has become an important part in Vietnam’s economy, with remarkable contributions to the country’s socio-economic development.
Private business conglomerate Vingroup is seeking shareholders’ approval for targets of 34 percent and 50 percent increases in revenue and net profit, respectively, this year.
The upcoming valid EU-Vietnam Free Trade Agreement (EVFTA) will create a strong driving force for fostering Vietnam – EU comprehensive economic partnership via the abolition of 99 percent of import tariffs in the next 7-10 years.
Selling pressure embraced the whole stock market on May 21, pushing the VN-Index on the Ho Chi Minh Stock Exchange (HOSE) down to 1,014.98 points, a fall of 25.56 points as compared with the previous day.
The real estate sector in the northern coastal province of Quang Ninh has become more attractive to investors thanks to the robust development of local infrastructure.
Vinhomes JSC, the real estate arm of Vingroup, listed nearly 2.68 billion shares on the Ho Chi Minh Stock Exchange on May 17.
President Tran Dai Quang hosted separate receptions for Ambassadors of the United Arab Emirates, Mozambique and the Republic of Korea (RoK) after receiving their letter of credentials on May 17.
The BW Industrial Development JSC, a joint-venture between the US private equity fund Warburg Pincus and Vietnam’s Investment and Industrial Development Corporation (Becamex IDC), made debut in the southern province of Binh Duong on May 15.
Vietnam’s industrial real estate sector stands ready to take off after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect, experts have said.
More attention should be paid to developing affordable house- for-rent projects in an effort to resolve the severe shortage of housing for low-income earners, young couples, the elderly and workers in urban areas, experts have said.
Local investors are concerned with recent increases in net selling by foreign traders, fearing a capital flight, but experts have tried to calm the market with positive recommendations.
Vietnam and the Middle East hold potential to boost trade and investment, as heard the Vietnam – Middle East trade forum held in Ho Chi Minh City on May 11.
Many commercial banks in the country have increased loan interest rates by 1-2 percent to investors in real estate as property prices continue to rise.
Cambodia's economy is likely to expand 6.9 percent this year, a slight increase as compared with the growth rate of 6.8 percent in 2017, mainly thanks to a recovery in textiles and garment exports, tourism and agricultural sectors, the World Bank (WB) said.
Platinum Victory Pte. Ltd, a wholly-owned subsidiary of Singapore-based automotive group Jardine Cycle and Carriage, has registered to purchase an additional 14.51 million shares of Vinamilk.
The average labour productivity in Vietnam increased from 1,700 USD per laborer in 2006 to 2,672 USD in 2017, according to the Vietnam Institute for Economic and Policy Research (VEPR).
Cambodia’s economic growth is expected to reach about 6.9 percent this year, according to a report recently released by the World Bank (WB).
The legal corridor for social housing development has recently changed towards providing more incentives than it was first mentioned in the Housing Law in 2005.
