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.
Attractive opportunities for merger and acquisition in the Vietnamese market have led to a busy end of the year for investors who are closing record deals.
The country benefits from strengthening international integration through multiple free trade agreements.
A network of expressways with a combined length of 400 kilometers would be built until 2025, including those of Cantho – Ca Mau, and Soc Trang – Chau Doc – Cantho – Tran De.
Some businesses plan to hire more workers in the next three months.
Vietnam’s consistent investment policies would ensure long-term stability for investors in the future, Prime Minister Pham Minh Chinh has said.
Many Dutch businesses are looking for investment opportunities in logistics in Vietnam.
The slow pace of transportation area expansion compared to the growing number of vehicles has led to overloaded urban infrastructure, traffic congestion, and air pollution.
Vietnam remains an attractive destination for foreign direct investment and continues to benefit from a changing global supply chain, US-China trade tensions, and production disruptions in other regions.
Low labor costs, adequate infrastructure quality, and simplified administrative procedures are seen as Vietnam’s pull factors for investors like Samsung, Foxconn, Nike, Adidas, Gap, and Levis.
The FDI inflows to Vietnam have been stable compared to other countries in the region, which shows the continued trust and confidence of foreign investors.
Hanoi is considered a potential destination for microchip development as it is home to many research institutes and universities providing highly qualified and abundant human resources.
Agritech companies from the GRAFT Challenge Vietnam would kickstart a wave of agricultural innovation in the country.
South Korea continues to be Vietnam’s largest foreign investor with an accumulated registered capital of US$72 billion in 9,100 projects.
Ineffective State-owned enterprises should be privatized and leave the playground for others to step in.
Finance banking and insurance are Swiss businesses’ advantages but there are a few that have invested in Vietnam.
Southeast Asia-focused venture capital funds are putting more effort into early-stage investment in Vietnam, and such a trend is expected to continue growing in the next 10 years.
The result remained positive at a time when the Covid-19 crisis led to a 35% contraction in global FDI flows to US$1 trillion, the lowest level since 2005.
The EuroCham Business Climate Index reaffirms the urgent need for Vietnam to accelerate vaccinations.
The country continues to offer appealing business and investment opportunities given its strong fundamentals.
Vietnam is a standout economy in Southeast Asia in terms of being able to capture new supply chains moving near, stated an expert.