Vietnam's logistics industry is witnessing significant changes and has become an attractive destination for businesses and investors, insiders said at a series of seminars held within the on-going Vietnam International Logistics Exhibition (VILOG) 2024 in Ho Chi Minh City.

Ho Chi Minh City welcomes and stands ready to create favourable conditions for partners and investors from Hong Kong (China) to carry out projects and do business the southern largest economic hub, Chairman of the municipal People’s Committee Phan Van Mai said on August 2.

Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year despite foreign investors’ heavy net selling.

The People's Committee of Ba Ria-Vung Tau held a dialogue with Japanese enterprises on July 31 to help remove difficulties and address problems facing them while operating in the southern province.

The EU - Vietnam Free Trade Agreement (EVFTA) has strengthened Vietnam's attractiveness for European investors, stated a survey by the European Chamber of Commerce in Vietnam (EuroCham) on July 31.

Vietnam’s overseas investment approximated US$150.7 million in the first seven months of 2024, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

VOV.VN - Vietnam attracted more than US$18 billion in foreign direct investment (FDI) during the past seven months of the year, representing an increase of 10.9% against the same period from last year, according to details given by the Foreign Investment Agency (FIA).

Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.

Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population, according to statistics supplied by the Vietnam Securities Depository and Clearing Corporation.

Vietnam’s economic growth in the second quarter of 2024 and June are likely to reach 6.2% and 6% respectively as set by the Government, said Nguyen Duc Tam, Director of the Department for National Economic Issues under the Ministry of Planning and Investment (MPI).