Eurocham

EuroCham Chairman Nicolas Audier said Covid-19 is having a deep and serious impact on European companies in Vietnam. “However, it is important to remember that this is a global pandemic, and businesses around the world are suffering from the impact of this crisis. There is also no doubt that, without the swift and decisive actions of the government, the situation here could have been much worse. For this reason, our members welcome the measures announced so far, which will provide a lifeline to businesses and their workers during this difficult time,” Audier said. … [Read more...] about EuroCham praises Vietnam’s response to Covid-19 pandemic

This means that companies are now better able to return to normal, profitable business operations compared to elsewhere in the world where restrictions to business operations are still in place, and this is contributing to an increasing interest in M&A activities. In fact, Vietnam could find itself in a fortunate position. Investors in other parts of the world which have been less successful in tackling the pandemic, and are now facing severe short-term economic shocks in their home countries, look for new opportunities in more attractive markets. Vietnam, where GDP growth of around 5 per cent is predicted, could benefit in this scenario. … [Read more...] about World-famous resilience keeps up M&A appetite

“This is a golden opportunity for the world to know Vietnam as a strategically reliable country, a safe investment destination, and how it is ready to welcome capital flows. The advantages can help Vietnam recover its economy more early toward establishing a new position on the international arena,” Dung added. … [Read more...] about Chance to boost FDI inflows to Vietnam

Close to a quarter of the respondents believe it may have a "significant impact" (20 per cent, slight decree from the second quarter of 2017). Fears that inflation might threaten EuroCham members' business are hereby dispelled with a resounding absence of answers in this direction (2 per cent). … [Read more...] about EU investors eye investment expansion in Vietnam

Negotiations began and ended amid the rapid development of economic, trade, and investment relations between Vietnam and the EU. The deal is expected to have a positive impact on both, with tariffs on nearly 100 percent of Vietnam’s exports to the EU to be eliminated after a short period of time. … [Read more...] about EVFTA disseminated among businesses