REGISTERED FDI IN VIETNAM TOPS 6.17 BILLION USD IN Q1
As of March 20, total newly-registered, additional, and contributed capital and share purchases of foreign investors stood at more than 6.17 billion USD in 2024, a year-on-year increase of 13.4%.
HO CHI MINH CITY: A RISING HUB FOR HIGH-TECH MANUFACTURING
Vietnam is currently one of the most attractive destinations for investors in the semiconductor sector due to advantages such as a large reserve of silica and rare earth metals (used for chip manufacturing), low labour costs, favourable geographical location, and government incentives. According to Fortune Business Insights, the semiconductor market size was valued at more than $573 billion in 2022 and grew to $1.38 trillion in 2029, exhibiting a compound annual growth rate of 12.2 per cent. Leading markets in … Continue reading HO CHI MINH CITY: A RISING HUB FOR HIGH-TECH MANUFACTURING
ASEAN MANUFACTURING SECTOR SEES SLIGHT IMPROVEMENT
There are some new and slight improvement across the ASEAN manufacturing sector in January, according to S&P Global Ratings, with the headline ASEAN manufacturing PMI rising from 49.7 in December to 50.3. Manufacturers continued to be optimistic about the 12-month output outlook. Growth was recorded across four of the seven ASEAN members. The purchasing manager’s index (PMI) data by S&P Global Ratings revealed a renewed, but slight, improvement in the manufacturing sector in the ASEAN region at the start of … Continue reading ASEAN MANUFACTURING SECTOR SEES SLIGHT IMPROVEMENT
PUBLIC MERGERS AND ACQUISITIONS IN VIETNAM: OVERVIEW
A Q&A guide to public mergers and acquisitions law in Vietnam. The country-specific Q&A looks at current market activity; the regulation of recommended and hostile bids; pre-bid formalities, including due diligence, stake building and agreements; procedures for announcing and making an offer (including documentation and mandatory offers); consideration; post-bid considerations (including squeeze-out and de-listing procedures); defending hostile bids; tax issues; other regulatory requirements and restrictions; and any proposals for reform. M&A Activity 1. What is the current status of the … Continue reading PUBLIC MERGERS AND ACQUISITIONS IN VIETNAM: OVERVIEW
FDI INFLOWS INTO VIETNAM REACHED 18.7 BILLION USD
Photo data source: Giang Anh, September 30, 2022. In addition to Ho Chi Minh City, Binh Duong, which other localities that attracted over billion USD of FDI in the first 9 months of the year? In the first 9 months of 2022, FDI inflows into Vietnam reached 18.7 billion USD. After Ho Chi Minh City, Binh Duong and Bac Ninh, Dong Nai are locations attracting large investors. According to the report on foreign investment situation of the Ministry of Planning … Continue reading FDI INFLOWS INTO VIETNAM REACHED 18.7 BILLION USD
INDUSTRIAL LAND MARKET HEATS UP
According to statistics, Vietnam has 406 industrial zones (IZs), including 37 located inside and 361 IZs located outside economic zones, with eight located inside border gate economic zones. In the six key northern provinces of Hanoi, Vinh Phuc, Bac Ninh, Hai Phong, Bac Giang, Hung Yen, the toal area of IZs is estimated at 11,000 hectares. The occupancy rate is about 83% and there is only about 2,000 hectares left. The occupancy rate of industrial zones in Hanoi, … Continue reading INDUSTRIAL LAND MARKET HEATS UP
EVALUATING GERMAN-VIETNAMESE ECONOMIC RELATIONS
In 2022, Vietnam and Germany will look back on 47 years of diplomatic relations, during which they have maintained historically solid and close connections. The two countries have come together to form strong ties since 1975. Today, there are around 430 German companies in Vietnam. In addition to major players such as Siemens, Adidas and Bosch, small- and medium-sized German enterprises have discovered Vietnam as a promising market for investment. More than four-fifths of German investment projects are in … Continue reading EVALUATING GERMAN-VIETNAMESE ECONOMIC RELATIONS
SAMSUNG LOOKS TO EXPAND VIETNAM OPERATIONS
HCMC – South Korea’s Samsung has said it is planning to manufacture transistor grids and open a research and development (R&D) center in Vietnam. Speaking at a meeting in Hanoi on August 5 with Prime Minister Pham Minh Chinh, Roh Tae-Moon, CEO of Samsung, said the conglomerate is preparing to make transistor grids in Vietnam on a trial basis. The product will be mass-produced in July 2023 at the Samsung Electro-Mechanics Vietnam in Thai Nguyen Province. The firm will inaugurate … Continue reading SAMSUNG LOOKS TO EXPAND VIETNAM OPERATIONS
MOODY’S UPGRADES VIET NAM RATINGS ON “GROWING ECONOMIC STRENGTHS”
A worker looks at a computer at the construction of an underground railway in Ho Chi Minh City in November 2021. Photo by VnExpress/Quynh Tran Credit rating agency Moody’s has upgraded Vietnam’s rating from Ba3 to Ba2 thanks to its growing exports and manufacturing sector, and changed its outlook from positive to stable. “The upgrade to Ba2 reflects Vietnam’s growing economic strengths relative to peers and greater resilience to external macroeconomic shocks that are indicative of improved policy effectiveness,” it … Continue reading MOODY’S UPGRADES VIET NAM RATINGS ON “GROWING ECONOMIC STRENGTHS”
DEMAND ON THE RISE FOR HIGH-QUALITY READY-BUILT FACTORIES
Because of the shortage of industrial land in a prime location and high rents, ready-built factories have become the first choice of investors thanks to the advantages of saving time and costs, while meeting the rising demand for high-quality factory and warehouse spaces. Ready-built properties “take the throne” According to CBRE Vietnam, the supply of ready-built factories and warehouses for lease as of June 2021 has increased significantly over last year, by 8-10 per cent. Supply is projected to grow … Continue reading DEMAND ON THE RISE FOR HIGH-QUALITY READY-BUILT FACTORIES
DONG NAI SEEKS EXTRA BRIDGE LINK TO HO CHI MINH CITY
Traffic jam on a road in Nhon Trach District of Dong Nai Province that leads to Cat Lai Ferry in Dong Nai River, January, 2021. Photo by VnExpress/Quynh Tran The industrial hub of Dong Nai has proposed Ho Chi Minh City helps build another bridge linking the localities to improve regional connectivity. The new bridge has been proposed to cross the Dong Nai River, the natural border between HCMC and industrial hub Dong Nai. Dong Nai authorities said another … Continue reading DONG NAI SEEKS EXTRA BRIDGE LINK TO HO CHI MINH CITY
JAPANESE FIRMS CHOOSE VIETNAM FOR PRODUCTION EXPANSION
Fifteen Japanese firms chose Vietnam as the destination for their production expansion within the Japanese government’s programme to support Japanese firms to diversify their value chains in foreign countries, according to the Japan External Trade Organisation (JETRO). The Japan-invested Honda Vietnam plant in Vinh Phuc Province. – VNA/VNS Photo Danh Lam Speaking at a press conference on Thursday about the programme, Takeo Nakajima, chief representative of JETRO in Hanoi, said that among 30 Japanese firms selected by Japan’s Ministry of … Continue reading JAPANESE FIRMS CHOOSE VIETNAM FOR PRODUCTION EXPANSION
