Foreign financed projects

As of October 20, 2019, 3,094 projects had received investment licences, an increase of 25.9 percent as compared with the same period last year. The cumulative newly-registered capital was 12.83 billion USD, equivalent to 85.4 percent of the corresponding time last year. … [Read more...] about Vietnam’s FDI inflow up in ten months

Meanwhile, foreign experts and managers still chose Grade A serviced apartments but not Grade B and Grade C. Therefore, Grade A rent slightly reduced to US$32 per sq.m per month while Grade C rent continued to fall and stood at under $20, Hằng said.  … [Read more...] about Serviced apartments face fierce competition in Hà Nội market

Every year, the serviced apartment segment sees high growth compared to other segments of the real estate market. But this segment in Q4 2019 was not so. The occupancy of serviced apartments was lower than the previous quarter and over the same period last year, said Do Thu Hang, Director of Advisory Services and Research from Savills Viet Nam’s Ha Noi branch. … [Read more...] about Serviced apartments face fierce competition in Hanoi market

HCM City (VNA) - A conference was held in Ho Chi Minh City on September 13 to discuss the growing market opportunities for the city’s supporting industries. Pham Lien Anh, a senior expert of the International Finance Corporation (IFC), said the IFC has been sponsoring a Vietnam Supplier Development Programme, which is helping businesses improve their capability, move up the value chain and work with more foreign and multinational companies. The programme was launched to keep existing FDI and attract new investors who have modern technology, and provides a comprehensive evaluation of participating businesses' operation and consultancy, she said. Ngo Bao Anh, a representative of Panasonic Vietnam, said the company exports components from Vietnamese suppliers to its factories abroad, adding that it focuses on competitive suppliers who meet corporate responsibility requirements. Jun Choi, country director of Coex, a Korean exhibition organiser, said there are numerous … [Read more...] about Opportunities for HCM City’s supporting industries discussed

Hanoi (VNA) – Vietnam and Thailand held the seventh political consultation under the chair of Vietnamese Deputy Foreign Minister Nguyen Quoc Dung and Permanent Secretary of the Thai Foreign Ministry Busaya Mathelin in Hanoi on January 20. The two sides shared the view that the friendship and enhanced strategic partnership between Vietnam and Thailand have attained strong and substantive strides. In 2019, their high-level leaders continued to exchange visits, including an official trip to Thailand and the attendance in the 40th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA) there by National Assembly Chairwoman Nguyen Thi Kim Ngan in August. They also frequently met each other at multilateral forums, especially on the sidelines of the ASEAN summits hosted by Thailand. Cooperation mechanisms have continued proving effective, the officials said, noting that the countries successfully organised the third meeting of the joint committee on bilateral cooperation in … [Read more...] about Vietnam, Thailand hold 7th political consultation in Hanoi