Phuc asked for Rolser’s support in promoting investment and attracting capital from major corporations around the world. He expressed his appreciation for investment projects in Vietnam, especially in tourism, which is a spearhead economic sector promoted by the government. … [Read more...] about German, Swiss and Israeli firms to invest $350 mln in Vietnam
Investment top sectors
As manufacturing is the sector with the most significant investment in the past 10 years, it will continue to dominate the market in the next few years. In the coming time,the market expects to see a growth in medium to long-term investors in the industrial sectors, backed by government support, free trade agreements and movement from China. … [Read more...] about Industrial property continues dominating Vietnam’s 2020 real estate sector
Vietnam’s export revenue racked up a 4 percent year-on-year increase during January – September to 202.4 billion USD in the context that the COVID-19 pandemic has weighed on the international trade, according to the Ministry of Industry and Trade (MoIT).domestic sector remained a driver of export growth, as it earned 71.4 billion USD from shipments abroad, rising 19.5 percent from the same time last year.free trade agreements (FTAs) served as a booster for Vietnamese exports. export revenue of more than 1 billion USD. Together they accounted for 91.3 percent of the total export value of the country. … [Read more...] about Export revenue in nine months picks up despite pandemic
Can Tho (VNA) – The Ministry of Planning and Investment, in coordination with the World Bank, held a conference on November 26 to seek ideas and consultations from leaders of Mekong Delta localities, experts and scientists for the delta’s Integrated Regional Master Plan in 2021-2030 with a vision to 2050. The draft master plan tabled for discussion is the first regional planning scheme built based on a multi-sectoral integrated approach under the Law on Planning. This is the last consultation conference held on the draft plan before the ministry completes it and submits to the Government for approval. Addressing the event, Minister of Planning and Investment Nguyen Chi Dung stressed the importance of the master plan, as it will be the basis for building many other development plans for the region. In the context of limited State budget resources and great demand for infrastructure, the making of investment decisions should be based on the regional plan and the … [Read more...] about Ministry seeks ideas on Mekong Delta master plan
It is important to note that this was already happening, but the trade war accelerated the process. Dustin Daugherty, head of North American Desk for Dezan Shira & Associates, said “Even prior to the start of the US-China trade war and more recently the outbreak of the Covid-19 pandemic, Vietnam offered the most cost-competitive China alternative for general manufacturing in Asia. … [Read more...] about How US investors’ positive sentiment towards Vietnam grows stronger?