Prime Minister calls on China to pilot border economic cooperation zone
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
Global Infrastructure Hub estimated that Vietnam needs to invest US$110 billion between 2021 and 2025 for infrastructure.
From a longer-term perspective, Vietnam will benefit as companies further accelerate moves to diversify their manufacturing operations away from China.
Despite huge interest, German healthcare companies face challenges to access the Vietnamese market.
Vietnam targets by year 2025, to have 50% of its small and medium enterprises shifting to digital platforms and to create at least 100,000 digital technology enterprises.
While Vietnam is making good progress in the implementation of SDGs, significant investments are needed.
If Vietnam continues to contain the Covid-19 epidemic at its current level or better, the country will improve further its already-impressive FDI attraction.
Experts believed European investors would eye Vietnamese banks which have some good criteria.
“The EVFTA is a clear commitment for reliable trade based on transparent rules.”
In Vietnam, the greatest SDG investment opportunities are found in transport infrastructure and improving digital access.
Southeast Asian governments invest more as a share of total government expenditures than member countries of the OECD. Much of that spending goes for infrastructure.
JLL expects Vietnam’s fastest growing cities to maintain the level of interest from overseas investors, and continue on its growth trajectory, particularly with the help of government policy to resolve infrastructure deficit and city sustainability.
Hanoi had occupancy of more than 80%, average daily rate (ADR) of US$118, which made the city having one of the highest RevPAR in the region.
The prospect of the Vietnamese stock market this year will be brighter, with profits of listed firms in 2020 likely to increase by 18% against 2019 while the VN-Index may rise by 20.7%
To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework.
Vietnam has so far also outlined primary strategies to lure high quality foreign investment until 2030 under a Politburo resolution.
Seeing the growth potential ahead, many tech giants, such as Lenovo, Ericsson, Qualcomm, and Huawei, are targeting the Vietnamese market.
Vietnam's solar power sector holds much potential thanks to rising demand and a supportive regulatory framework.
A strong business community is an essential component of a prosperous country, said Prime Minister Nguyen Xuan Phuc.
Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.
In addition to being positive on cross-border investment, 62% of respondents in Vietnam expect to increase their domestic investment in the next 12 months, higher than other economies such as China, Japan and Singapore.