Business and production have been severely stricken by prolonged lockdowns and social distancing orders triggered by the worst-ever COVID-19 resurgence in the third quarter of 2021, according to the General Statistics Office (GSO).
The number of surveyed firms in Ho Chi Minh City expressing optimism about business performance in the fourth quarter of this year has surged to 49.4%, the General Statistics Office (GSO) has reported.
Minister of Agriculture and Rural Development Le Minh Hoan on October 1 suggested EU firms increase investments in Vietnam’s agriculture, in the direction of high-technology, green standards and environmental sustainability.
Member enterprises of the Sakai Chamber of Commerce and Industry (SCCI) doing business in Vietnam have made good evaluations about the country and expressed their wish to expand investment there, SCCI Chairman Kazumasa Kuzumura has said.
The EU-Vietnam Free Trade Agreement (EVFTA) has brought about a range of opportunities for German investors in Vietnam after it came into force more than one year ago.
Despite COVID-19, foreign investors’ new capital registered in Vietnam reached US$22.15 billion in the first nine months, up 4.4% compared to the same period last year, as heard at the Government Portal’s online conference held on September 27.
Businesses from the Republic of Korea (RoK) poured over US$2.43 billion into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.
Vietnam will work to create an open and transparent business environment and offer favourable conditions for US investment projects in the country, said Minister of Industry and Trade Nguyen Hong Dien.
A leader of the Sunwah Group has highlighted the prospect of trade cooperation between Vietnamese and Hong Kong businesses and made suggestions for the Vietnamese firms that want to access the Guangdong - Hong Kong - Macau Greater Bay Area (GBA) of China.
Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.