Foreign corporate executives remain optimistic about Vietnam’s economic prospects despite the new COVID-19 outbreak that prompted the imposition of social distancing in some localities, especially in the central city of Da Nang.
Up to 71% of enterprises in the hospitality industry responding to a recent survey said their revenue in the first quarter of 2020 fell more than 30% against the same period last year because of the COVID-19 pandemic.
Vietnam has a greater percentage of women in senior leadership positions than the global average, according to Grant Thornton’s International Business Report.
Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, according to a survey by international consulting firm Grant Thornton, but the development of such projects has been hampered by a number of challenges.
Rising demand and better income have greatly made Vietnam`s education center of attention for the past years.
In terms of the gender of new business owners across 54 countries, Vietnam had the highest ratio of women to men: 1.14 to 1, according to the Global Entrepreneurship Monitor.
VOV.VN - Vietnam remains an attractive destination for private equity investment flow in Southeast Asia, according to the latest issue of Vietnam Private Equity Investment Outlook 2019 released by Grant Thornton.
The average room rate for five-star hotels in Vietnam in 2017 recovered from a 2.2% decline from the previous year, picking up 4.2% to US$107.6, according to a recent survey by US-based audit, tax, and advisory service provider Grant Thornton.
The competition in the market is heating up and luxury hotel developers are struggling to scramble for clients. Still, the market is large enough thanks to the increasing number of travelers to Vietnam.
One in every three travelers who make online hotel bookings uses the smartphone, the second highest ratio behind laptops in terms of devices used for online bookings, according to a recent report from marketing company Criteo.
VOV.VN - With an expanding room inventory and more on the development schedule, the competition in the upscale lodging industry in Vietnam will likely heat up over the next two-three years, says Grant Thornton.
More Vietnamese travelers are staying at four- and five-star hotels in Vietnam despite the cost, according to a recent survey on upscale hotels and resorts in the country.
A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72% of respondents (down 14 percentage points from six months ago) anticipated higher level of investment activities in Vietnam in the next 12 months.
Domestic and foreign investors are still keen on the Vietnamese market and have positive outlook about the country’s economy, according to a survey conducted by Grant Thornton Vietnam in the third quarter of 2016.
VOV.VN - It seems that Vietnam’s business environment is not improving much, said Grant Thornton in its bi-annual report on the 14th survey of the Private Equity Sector issued in February 2016.
The feelings of foreigners when they first come to Vietnam can vary widely, however, a majority of them discover a great love for this country.
The buy-to-let trend has been sweeping across major cities in Vietnam, offering high yields and a stable investment strategy for buyers.
Consulting firm Grant Thornton (Vietnam) has released a report on private equity that shows an encouraging improvement in respondents' belief in higher investment activities in the next 12 months.
(VOV) - Roughly 51% of surveyed private investors revealed that they have plans to expand operations in Vietnam over the next 12 months, according to a Grant Thornton Vietnam report.
Most Vietnamese companies are unwilling to use outsourcing despite its benefits like the reduction in management work and payroll without any impact on output, according to a report by business consultancy Grant Thornton.