Vietnam, US to enhance economic cooperation after Covid-19
The US state wishes to boost bilateral trade with Vietnam in the energy sector.
The US state wishes to boost bilateral trade with Vietnam in the energy sector.
The success of Samsung and Intel has led to other tech giants, such as Google and LG, shifting their supply chain to Vietnam.
Many European business leaders expect to increase their investment in the first quarter of this year, up from 20% in third quarter of 2020.
The reform for the business environment is required to bring benefits for local businesses and people in the coming time.
The latest step forwards for regional integration is a reminder for foreign investors that Vietnam is open for business.
Vietnam is currently among top 25 destinations for Indian pharmaceutical products.
Vietnam is one of the first countries to apply electronic medical declarations, Bluezone contact tracing application and Covid-19 safety maps.
The fund will focus on retail, education, restaurants, consumer services, FMCG, and health care.
The law envisages that five sectors eligible for PPP investment including transportation, power industry, irrigation, healthcare, and infrastructure.
Vietnam will do best efforts to take a high position in the international arena.
Vietnam is believed to have the most competitive commercial tax regimes and local supply chains to lure foreign investors.
Foreign business associations expect the Vietnamese government to further focus on the development of nuclear power.
Vietnam is the top choice for Japanese companies looking to diversify their supply chains, the Japanese Ambassador to Vietnam has said.
The business community expects to get more support from the government to overcome impacts caused by the Covid-19 pandemic.
Given uncertainties surrounding the US – China relations and the serious Covid-19 situations globally, Vietnam has become a logical choice in the eyes of investors.
With the current minimum wage of US$132-190 per month, Vietnam has been listed in the top three ASEAN countries having the lowest labor cost.
Two thirds of marketers in Vietnam expected an increase in the allocation of the digital ad budget to programmatic ad next year, the 2nd highest percentage in the region.