VOV.VN - The Republic of Korea leads the way among countries and territories investing in the southern province of Dong Nai with nearly 400 businesses and a total registered capital of around US$5.6 billion, according to the provincial People’s Committee.
Some 89.6% of enterprises in the manufacturing-processing industry expect expanded or stable production in the third quarter of 2018, over the previous quarter when only 52.6% hoped for growth.
The power sector will meet difficulties in meeting demand from next year or 2020 considering the high growth at more than 10% a year in electricity consumption, according to the Electricity of Vietnam (EVN) group.
Condominium property prices remained fairly stable during the first half of 2018, with under 2% in fluctuations.
European firms continued to be optimistic about the business environment in Vietnam, according to the EuroCham’s latest Business Climate Index (BCI).
VOV.VN - The forestry sector is aiming to make US$9 billion from exports and raise the percentage of forest coverage to 41.65%, according to the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development.
Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting US$16 billion in the first half of 2018, up more than 14% year-on-year.
The Airports Corporation of Vietnam (ACV) will source about VND1.7 trillion (US$74.1 million) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.
The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. This could be a foundation for building e-government in Vietnam.
The use of effective policies in the automobile sector since the beginning of the year has boosted the production and assembling of automobile and better controlled imported vehicles in the first six months of 2018.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the best bank of Vietnam in 2018 by FinanceAsia.
The condominium market for sale showed signs of slowing down in the second quarter of this year, said Nguyen Hoai An, director of CBRE Vietnam’s Hanoi branch at a recent press conference to report on the capital city’s real estate market in the second quarter of this year.
The sugar industry is calling for increased feed-in tariffs for bagasse-fired power in hopes of luring additional investment to such renewable energy projects.
The total value of foreign and domestic investments in industrial and economic zones nationwide fell slightly in the first half of 2018.
Domestic businesses should closely monitor the market situation, prepare to adjust their operations and redefine export markets to avoid negative impacts and capitalise on opportunities from the US-China trade war, officials and experts recommended.
The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.
The southern province of Kien Giang has listed three projects in Phu Quoc island district that are in urgent need of investment in order to call for investors.
In the second quarter of 2018, rentals for Grade A office space rose by as much as 17% due, a CBRE report says.
As internet steadily replaces traditional text messages and calls as well as smart phones are overwhelmingly popular in the market, mobile operators find it a must to come out with low-cost 3G and 4G packages.
A good macro-economy has supported domestic growth and foreign direct investment (FDI) continues strongly. It has been a very healthy start to 2018 with solid performance across all asset classes.