mangoads
MODERN INDUSTRIAL SYSTEM TARGETED
The upcoming merger of provinces is to be synchronised with land use planning and simplified admin procedures to quickly form industrial metropolises and enhance high-tech manufacturing supply chains. In mid-April, a scheme was approved on rearranging administrative units and local government organisations. In the north, the province of Bac Giang will be incorporated into Bac Ninh province; in the south, Ba Ria-Vung Tau and Binh Duong provinces will be incorporated into Ho Chi Minh City. Bac Ninh and Bac Giang … Continue reading MODERN INDUSTRIAL SYSTEM TARGETED
GBA Business Meeting in April: “Traversing Vietnam’s Business Environment amid Global Trade Shifts & Tariff Turbulence”
GBA Business Meeting in April: “Traversing Vietnam’s Business Environment amid Global Trade Shifts & Tariff Turbulence” In today’s rapidly changing trade environment, tariffs are a key focus. The GBA held its Monthly Business Meeting, titled “Traversing Vietnam’s Business Environment amid Global Trade Shifts & Tariff Turbulence”, attracting 90 attendees yesterday (April 14, 2025) at Sofitel Saigon Plaza. The session, led by GBA’s EuroCham Delegate Mr. Erick Contreras, featured three keynote speakers: Dr. Josefine Wallat, Consul General of Germany in Ho Chi Minh City Mr. Mark Gillin, … Continue reading GBA Business Meeting in April: “Traversing Vietnam’s Business Environment amid Global Trade Shifts & Tariff Turbulence”
Financial centres will ensure new standards
International trade, green finance, and digital assets are key points for Vietnam to increase its competitive advantage on the path to building its first international financial centres. Financial centres will ensure new standards At a conference on building Vietnam’s international financial centre (IFC) by the Ministry of Finance in coordination with Ho Chi Minh City People’s Committee on March 28, domestic and international experts shared ideas to shape different support services, helping Ho Chi Minh City’s IFC carve out its … Continue reading Financial centres will ensure new standards
Evaluating requests for costs support from the investment support fund
On December 31, 2024, the Government issued Decree No. 182/2024/ND-CP on the establishment, management, and use of the Investment Support Fund. According to Article 30, the procedure for evaluating requests… On December 31, 2024, the Government issued Decree No. 182/2024/ND-CP on the establishment, management, and use of the Investment Support Fund. According to Article 30, the procedure for evaluating requests for cost support are as follows: The enterprise submits 08 sets of documents for the cost support procedure (including … Continue reading Evaluating requests for costs support from the investment support fund
TRUMP MAY MEAN CHALLENGES FOR VIETNAM BUT FDI REMAINS STRONG
Vietnam may face challenges from increased trade scrutiny and protectionist policies under Trump’s administration, but the country’s strategic position, resilient foreign investment flows, and role in supply chain diversification offer significant opportunities for continued economic growth. The return of Donald Trump to the US presidency signals a renewed focus on trade imbalances that could impact Vietnam’s booming trade relationship with the US. Last year, Vietnam enjoyed a trade surplus of nearly $100 billion with the US, making it America’s third-largest … Continue reading TRUMP MAY MEAN CHALLENGES FOR VIETNAM BUT FDI REMAINS STRONG
YEAR-END CREDIT GROWTH DRIVEN BY INDUSTRIAL SECTOR
The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles. Year-end credit growth driven by industrial sector, Source: freepik.com Some key findings from the fourth-quarter 2024 business trend survey of credit institutions (CIs), released by the State Bank of Vietnam (SBV) last week, indicate that overall business conditions and pre-tax profits in the banking system improved … Continue reading YEAR-END CREDIT GROWTH DRIVEN BY INDUSTRIAL SECTOR
VIETNAM MAY BE ONE OF THE FASTEST-GROWING EMERGING MARKETS BY 2035
Vietnam could rank among the fastest-growing emerging markets by 2035, due to the country’s consistent policies and emphasis on maximising its trade potential, according to a study released by S&P Global on October 16. Vietnam may be one of the fastest-growing emerging markets by 2035. Photo: Le Toan The S&P Global Look Forward Journal, titled “Emerging Markets: A Decisive Decade”, which considers the opportunities and challenges the next decade will bring for emerging markets’ economic growth in terms of energy transition, … Continue reading VIETNAM MAY BE ONE OF THE FASTEST-GROWING EMERGING MARKETS BY 2035
Q3 FDI RESULTS IMPROVE ON EXPECTATIONS
Foreign investment is accelerating into the country, and expected to reach about $40 billion for the whole year. Vietnam is ramping up investment attraction in high-tech areas, such as microchip production and AI, photo Le Toan According to the Foreign Investment Agency under the Ministry of Planning and Investment, (MPI) in the first nine months, total registered foreign direct investment (FDI) reached more than $24.78 billion, an on-year increase of 11.6 per cent. In September alone, the inflow was more … Continue reading Q3 FDI RESULTS IMPROVE ON EXPECTATIONS
VIETNAM REPORTS $20.5 BILLION IN FDI IN FIRST EIGHT MONTHS
More than $20.52 billion in foreign direct investment (FDI) has been reported in Vietnam up to the end of August, an on-year increase of 7 per cent, according to the Foreign Investment Agency. In the first eight months of 2024, a total of 2,247 new projects were granted investment registration certificates, with registered capital of over $12 billion, up 8.5 per cent in the number of projects and up 27 per cent on-year in terms of capital. The adjusted capital … Continue reading VIETNAM REPORTS $20.5 BILLION IN FDI IN FIRST EIGHT MONTHS
