The office market in Vietnamese cities like Hanoi and HCM City is likely to recover faster post-COVID-19 than other major cities in the Asia Pacific, experts have predicted.
The first eight months of 2020 have seen few foreign direct investment (FDI) projects in Vietnam's textile industry, a far less lively picture compared to the same period last year, the department of foreign investment under the Ministry of Planning and Investment has reported.
Despite COVID-19 affecting global production and supply chains, the northern province of Bac Ninh has maintained significant growth in FDI flows into its industrial parks (IPs).
Ministers and leaders of People’s Committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption.
COVID-19 has interrupted the country’s journey to become a high-performing economy, but the right structural adjustments could help get it back on track, according to McKinsey & Company, a leading US consultant firm.
VOV.VN - Vietnam’s economic growth rate in 2021 is anticipated to reach between 6% and 6.5%, according to a resolution adopted during the Government's recent monthly meeting for August.
Free trade agreements (FTAs) that Vietnam has signed with its partners have been an important factor attracting foreign investments to the country.
VOV.VN - The inflow of foreign direct investment (FDI) into the nation will recover once the COVID-19 epidemic is successfully brought under control, according to Takeo Nakajima, chief representative of Japan External Trade Organization (JETRO) in Hanoi.
VOV.VN - Vietnam remains an attractive destination in which to do business among foreign financiers, with several tech giants expressing a keen interest in furthering their investment in the country in recent times.
Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001.