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This comes on top of over US$2.24 billion that was already secured by the UOB to Vietnam as the bank helps companies seize opportunities in the region’s fastest-growing economy.

Foxconn plans to roll out full-scale production in Vietnam and receive the benefits of the recently-signed RCEP.

For the first time, the Vietnamese government would issue a list of sectors with limited market access for foreign investors under the negative list principle.

Many tech firms in Silicon Valley are exploring opportunities of moving their production chains of electronic products to Vietnam, stated a representative of the US – ASEAN Business Council.

Hanoi holds major advantages over other peers thanks to its strategic location and the position as a transportation hub with a concentration of airports, train stations, and major ports.

Vietnam – South Korea relations are growing strongly in all spheres, which have brought mutual benefits and trust to all parties involved, stated a Vietnamese senior official.

Mergers and acquisitions (M&A) provides an effective solution to several obstacles foreign investors face when they want to enter Vietnam’s market.

Domestic production and exports are key driving forces for Vietnam’s economy this year, state an expert.

IPs and EZs in Vietnam have attracted a total of 10,055 foreign-invested projects with total registered capital of nearly US$198 billion to date, 70% of which has been disbursed.

Vietnam has now become a top investment destination for foreign companies that are looking to form a sustainable supply chain for the future.