Many investors have considered Vietnam as a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a meeting of permanent government members chaired by Prime Minister Nguyen Xuan Phuc in Hanoi on May 22.
Hefty sums found their way to Vietnamese e-wallets from diverse partners during the year, turning the segment into one of the investment hotspots.
With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
A slew of sizeable liquefied natural gas-fired power projects have been in the development pipeline in the past year as a way to replenish national power sources as Vietnam turns on a greener growth path.
VOV.VN - Despite Vietnam only accounting for 0.4 per cent of total fintech investment in Southeast Asia in 2018, this figure sharply increased in 2019 as venture capital funding pouring into Vietnamese fintech companies accounted for 36 per cent of total fintech investment in the region with Ho Chi Minh City and Hanoi emerging as regional as fintech hubs.
European companies are eager to grasp new business and investment opportunities from the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement.
The supply of homes plummeted on the local market in 2019, as inspections of construction, investments and land use at some property projects left a chilling effect on investors, said Nguyen Van Dinh, vice chairman of the Vietnam Association of Real Estate Brokers.
With many investors getting duped by developers, the Ministry of Construction says it will enact new laws to regulate the condotel sector.
VOV.VN - To mark national startup day, Techfest Vietnam 2019 is set to be held by the Ministry of Science and Technology from December 4- 6 in the northern province of Quang Ninh, according to information released during a press conference in Hanoi on November 19.
Many big players have had to leave, but the Vietnamese food & beverage (F&B) market has never been more attractive in the eyes of investors.
Ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market.
The Mekong Delta province of Soc Trang has risen to an attractive destination for investors in renewable energy, especially wind power.
Investors are looking for industrial and logistics assets via forming joint-ventures with local industrial property developers or purchasing land and operating real estate, according to Jones LaSalle Vietnam Co. Ltd.
Electronic sports (e-sports) is the rising star of the entertainment industry and Vietnam currently holds a significant advantage in this high-value business.
Improving investment climate via building a transparent administrative regime will be the focus of the southern province of Binh Duong to maintain its attractiveness to investors.
A large number of companies from Europe, the Republic of Korea, Japan, and China are choosing to invest in building manufacturing facilities in Vietnam, promising a boost to the development of the industrial property segment.
VOV.VN - The Government is aiming to bring wind power capacity to 1,000 MW by 2020 and 6,200 MW by 2030 with a view to optimizing the use of this renewable energy for enhancing the country’s socio-economic development and energy security.
The Vietnamese health-care market is forecast to heat up in the coming time when more big investors are showing interest in the sector while private hospitals are promoting high-quality services to enlarge the share.
Total retail sales of goods and consumer services in 2018 increased by 12.2% compared to 2017. In fact, the Vietnamese retail market is on the rise with great attraction for foreign businesses.
Cinnamon Inc., a Japanese artificial intelligence (AI) start-up firm, which has a technology research centre in Vietnam, said on January 28 that it has successfully raised 15 million USD from investors to serve the expansion of its operation in the US.