READY-BUILT FACTORY MARKET ON THE UP
In the first half of 2024, the industrial real estate market continued to show positive developments. Rental price of industrial land and its growth over recent years According to the last week’s report of CBRE, a global commercial real estate services provider, for the industrial land market, industrial land prices in Tier 1 markets in the nNorth in the second quarter increased by 0.3 per cent on quarter and 4.5 per cent on-year, reaching an average of $134 per square … Continue reading READY-BUILT FACTORY MARKET ON THE UP
INDUSTRIAL PARKS INCREASE SUPPLY OF HIGH-QUALITY READY-BUILT FACTORIES
The strong development of the industrial real estate market has promoted the ready-built factory segment in the eyes of international and domestic manufacturers. According to the General Statistics Office, by May 2024, foreign direct investment (FDI) flow into Vietnam had continued to achieve positive results, with more than $11 billion pledged, an increase of 2 per cent over the same period last year. Meanwhile, disbursed capital reached about $8.25 billion, an increase of 7.8 per cent over the same period … Continue reading INDUSTRIAL PARKS INCREASE SUPPLY OF HIGH-QUALITY READY-BUILT FACTORIES
FOREIGN INVESTMENT DISBURSEMENT HITS RECORD HIGH IN THE FIRST FOUR MONTHS
Foreign investment inflows into Viet Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion. Hanoi — Foreign investment disbursement in the first four months of this year reached an estimated US$6.28 billion, marking a record high over the past five years, as shown in a report from the Ministry of Planning and Investment’s Foreign Investment Department (FIA). The report indicates that foreign investment inflows into Viet Nam during the reviewed period … Continue reading FOREIGN INVESTMENT DISBURSEMENT HITS RECORD HIGH IN THE FIRST FOUR MONTHS
READY-BUILT FACTORY MARKET ON THE UP
In the first half of 2024, the industrial real estate market continued to show positive developments. Rental price of industrial land and its growth over recent years According to the last week’s report of CBRE, a global commercial real estate services provider, for the industrial land market, industrial land prices in Tier 1 markets in the nNorth in the second quarter increased by 0.3 per cent on quarter and 4.5 per cent on-year, reaching an average of $134 per square … Continue reading READY-BUILT FACTORY MARKET ON THE UP
INDUSTRIAL PARKS INCREASE SUPPLY OF HIGH-QUALITY READY-BUILT FACTORIES
The strong development of the industrial real estate market has promoted the ready-built factory segment in the eyes of international and domestic manufacturers. According to the General Statistics Office, by May 2024, foreign direct investment (FDI) flow into Vietnam had continued to achieve positive results, with more than $11 billion pledged, an increase of 2 per cent over the same period last year. Meanwhile, disbursed capital reached about $8.25 billion, an increase of 7.8 per cent over the same period … Continue reading INDUSTRIAL PARKS INCREASE SUPPLY OF HIGH-QUALITY READY-BUILT FACTORIES
FOREIGN INVESTMENT DISBURSEMENT HITS RECORD HIGH IN THE FIRST FOUR MONTHS
Foreign investment inflows into Viet Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion. Hanoi — Foreign investment disbursement in the first four months of this year reached an estimated US$6.28 billion, marking a record high over the past five years, as shown in a report from the Ministry of Planning and Investment’s Foreign Investment Department (FIA). The report indicates that foreign investment inflows into Viet Nam during the reviewed period … Continue reading FOREIGN INVESTMENT DISBURSEMENT HITS RECORD HIGH IN THE FIRST FOUR MONTHS
CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024
On April 26, 2024, the Government issues the Decree No. 45/2024/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Decree No. 45/2024 amends and supplements a number of provisions prescribed in Article 16, Decree No. 39/2019/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Accordingly, conditions for loan borrowing of small- and medium-sized enterprise development fund are as follows: To meet the criteria for innovative small- and medium-sized enterprises as prescribed in the Law … Continue reading CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024
SHANGHAI TO BOOST TRADE WITH VIETNAM
During his visit to China on April 11, Vietnamese National Assembly Chairman Vuong Dinh Hue, along with a high-level delegation, toured the Shanghai Free Trade Zone (SHFTZ) and engaged in discussions with the leadership of the Shanghai People’s Congress and the city authorities. Hue was briefed on the SHFTZ’s establishment, development, and its significant achievements. “We exchanged views on institutional frameworks, operational mechanisms, and the unique, targeted policies that have been instrumental in the development of the SHFTZ,” Hue said. … Continue reading SHANGHAI TO BOOST TRADE WITH VIETNAM
INVESTORS INCREASINGLY OPTIMISTIC ABOUT MANUFACTURING SECTOR
Confidence in the manufacturing outlook for the year ahead hit an 18-month high, with manufacturers taking on extra staff at a faster rate. According to an industry report released by S&P Global on April 1, manufacturers in Vietnam are increasingly confident that production will increase over the year ahead. Optimism is the strongest it has been in a year-and-a-half. Firms expect the launch of new products to boost output, while also hoping that an improvement in market demand will help to support … Continue reading INVESTORS INCREASINGLY OPTIMISTIC ABOUT MANUFACTURING SECTOR
EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES
The Government has recently issued Decree 32/2024/ND-CP, on the management and development of cottage industry zones to attract small and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business in concentrated production areas. With a view to attracting small- and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business in, or relocate their existing production and business facilities to, concentrated production areas, the Government has recently issued Decree 32/2024/ND-CP, on management and development of … Continue reading EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES
AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT
On March 27, 2024, the Ministry of Industry and Trade No. 04/2024/TT-BCT on amending and supplementing several Articles of the Circular No. 20/2014/TT-BCT dated June 25, 2014, of the Minister of Industry and Trade on the implementation of rules of origin in the Agreement establishing Asean – Korea free trade area (AKFTA). Circular No. 04/2024/TT-BCT on amending and supplementing Article 4, Appendix I on (Rules of Origin) enclosed with the Circular No. 20/2014/TT-BCT. For the purposes of Point b Clause … Continue reading AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT
