Hanoi (VNA) – Vietnam invested 49.3 million USD abroad in the first three months of 2020, with the US being the biggest recipient. During the period, the country secured investment certificates for 27 projects worth 22.9 million USD, while six others were permitted to add 26.4 million USD. Accommodation and food services attracted 14.7 million USD, accounting for 29.9 percent of the total investment by Vietnamese firms. They were followed by scientific and technological activities (12 million USD, 24.4 percent) and processing – manufacturing (9 million USD, 18.3 percent). The US was the top recipient of Vietnamese capital in the first quarter with 20.1 million USD, or 40.8 percent of the total. Singapore ranked second with 12.8 million USD, accounting for 26 percent, and Cambodia stood third with 9.5 million USD, making up 19.3 percent. Meanwhile, Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD between January and March, up nearly 45 … [Read more...] about US attracts most Vietnamese investment in three months
Foreign investment advisory service
Viet Nam sees first reduction in retail sales of goods and services in Q1
Especially, revenue increased by 9.3 per cent for food; 8.4 per cent for gasoline and oil; 7.7 per cent for the group of household appliances, tools and equipment; 6.6 per cent for garments; 5.4 per cent for vehicles; and 2 per cent for cultural and educational services. … [Read more...] about Viet Nam sees first reduction in retail sales of goods and services in Q1
Hospital visits limited, tour service suspended in central VN to fight virus
“As Hội An is my favourite cultural place in Việt Nam and because I especially love the time of the Full Moon festival. I just can hope that this virus-madness will stop soon so I can be back with new groups to show the beauty of your country.” … [Read more...] about Hospital visits limited, tour service suspended in central VN to fight virus
Việt Nam sees first reduction in retail sales of goods and services in Q1
Some localities did report growth in the retail sales of goods during the first quarter, including Hải Phòng (11 per cent); Hà Nội (9.3 per cent); Bà Rịa-Vũng Tàu (8.1 per cent); HCM City (8 per cent); Cần Thơ (7.3 per cent); and Thanh Hóa (6.9 per cent). … [Read more...] about Việt Nam sees first reduction in retail sales of goods and services in Q1
Vietnamese come home to seek more meaningful ventures
In his opinion, one should only found a start-up when she or he has: some years of experience going to work for a firm with good, competent leaders; a certain amount of savings that they can risk investing; and finally a social and business network that is wide enough to have potential customers or partners. … [Read more...] about Vietnamese come home to seek more meaningful ventures
