Vietnam’s commodity market remains attractive investment channels: Expert
Commodity trading volumes worldwide, and in Vietnam in particular, will continue to grow significantly in the second half of the year.
Commodity trading volumes worldwide, and in Vietnam in particular, will continue to grow significantly in the second half of the year.
The event takes place from April 26 to May 1 in Thai Nguyen City, in the northern province of Thai Nguyen.
Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.
The top three neighboring countries whose companies are eager to expand their operations in Vietnam are Thailand (66%), Malaysia (58%), and Indonesia (55%).
Building and consolidating relations with China and its regions have always been a high priority for Hanoi.
Over 300 international businesses and 600 delegates attended the Vietnam Global Manufacturing 2024.
The city will also innovate and diversify the methods used to promote trade, leveraging the application of Information Technology and digital transformation.
In the first few months of 2024, although work on construction sites in Hanoi was affected by the Lunar New Year holiday, capital disbursed was still up significantly on the same period last year.
Indian-born RMIT Senior Lecturer Dr. Majo George shared his thoughts on a Vietnamese company's strategic move to tap into one of the world's most populous nations and rapidly expanding other markets.
As of February 20, Vietnam has attracted more than 39,500 FDI projects with a total registered capital of nearly US$473.1 billion.
By 2030, the country aims to have approximately 5,000 kilometers of expressways.
Transport infrastructure projects remain a priority with an estimated fund of VND422 trillion (US$17.2 billion).
The city would focus on accelerating the construction progress of key and large projects in 2024.
The No.2 urban railway line is expected to play a crucial role in the public transportation network, easing the ever-increasing severe traffic congestion in the capital's central area.
In 2024, Hanoi's public investment plan is set at VND81 trillion (US$3.3 billion), 1.4 times higher than the 2023 plan.
Vietnam promised to balance the interests of the government, the general public, and businesses while sharing risks to ensure the legitimate rights of investors.
Hanoi's industrial and commercial sector has been focusing on green growth - a trend that catches investors' attention.