Investment

FDI commitments in 2020 fell nearly 25% year-on-year to US$28.5 billion.

A survey found that 81% of manufacturing and processing enterprises expected stability and even improvements in performance in the first quarter of 2021.

The Japanese Ambassador lauded the comprehensive and strategic partnership between Vietnam’s state-run Vietinbank and Japan-based MUFG Bank over the years, which has served as a bridge for two business communities to boost trade and investment cooperation.

With huge investment capital required to realize the target, the transport ministry is responsible for finalizing legal framework to help attract greater investment capital for transport infrastructure development.

The country is projected to grow 6.8% in 2021 on condition that the pandemic be contained.

Prime Minister Nguyen Xuan Phuc has allowed localities to use state capital and social resources to upgrade eight border gate economic zones in the period 2021-25.

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 annual Vietnam Business Forum 2020 with the theme “Challenges & Opportunities in the new normal” opened on December 22 in Hanoi.

Equitisation and divestment from SOEs have not reached the Government’s targets.

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.

Changes in these laws make it easier for market entry and create favorable conditions for enterprises doing businesses, which is expected to facilitate more investment and business activities in Vietnam.

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.

The capital will pay attention to developing outlet malls and promote investment in large-scale outlet centers.

It is the right time for Vietnam to promote the growth of digital government, digital economy and digital society.

While debt-to-equity swap may pose risks to the economy, this practice is actually an efficient channel for enterprises to mobilize capital, Lawyer Ha Huy Phong, CEO of Inteco law firm told Hanoitimes in an interview.

The financing will support the company’s working capital needs to ensure ample supply of active pharmaceutical ingredients for essential generic medicine production.

Bilateral economic engagement is well established with trade and investment flows on upward trend.