Viet Nam's GDP per capita is expected to increase to US$ 3,900 next year, according to the 2022 socio-economic development plan.
The number of newly established private enterprises in Vietnam has increased steadily every year, from 70,900 in the 2015 - 2020 period to 112,500 in the 2015 - 2020. Not only quantity, capital scale and capacity of private enterprises have also improved.
Ho Chi Minh City's Department of Industry and Commerce (DoIC) in collaboration with the departments of Tourism and Health on November 15 launched the largest concentrated promotion programme entitled 'Shopping Season 2021'.
Supply chains in Southeast Asia are racing to recover to full strength after months of factory stoppages and production cuts, including Vietnam which is seeing a rapid return to normality, according to an article published on Japan's Nikkei newspaper.
Wood enterprises are getting back to normal after a long suspension of operations due to the COVID-19 pandemic, and are confident to earn a total of 14.5 billion USD from exports this year.
Vietnamese e-commerce market is forecast to continue growing in the post-pandemic period, with revenue surpassing last year's figure, according to experts.
Retail of goods has seen positive growth in the first ten months of this year, reported the Ministry of Industry and Trade (MoIT)'s Department of Domestic Markets.
Factories have reopened and production is steadily picking up in major manufacturing centres of Southeast Asia as COVID-19 cases have dropped in recent weeks, easing some of the supply chain constraints that companies blame for lost sales, reported the US's Wall Street Journal (WSJ).
A total of 4,304 companies resumed their operations in October, up 29.8 percent against September, and down 14.7 percent year-on-year, according to the General Statistics Office.
Sixteen banks in Vietnam reduced a total of 12.23 trillion VND (536.2 million USD) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36 percent of their commitments, according to the State Bank of Vietnam.
Vietnam's aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Singapore-based financial service supplier DBS has predicted that Vietnam's economic growth may reach 8 percent in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.
The southern province of Binh Duong has emerged as a spotlight nationwide in economic and industrial development in 2019.
Disbursement of foreign capital for infrastructure construction only reached 23.2 percent of the plan as of October 15, 2019, reported the Finance Ministry on October 23.
Cambodia's construction attracted a total investment of 6.49 billion USD in the first nine months of 2019, up 34.7 percent from 4.82 billion USD over the same period last year, said the Ministry of Land Management, Urban Planning and Construction (MLMUPC).
The northern province of Vinh Phuc is pushing the review of functions, tasks, power and organization of provincial and district-level departments of the local administrations with a view to streamlining the apparatus.
Industrial production value of the northern province of Hai Duong hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.
Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.
The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.
The Ministry of Transport has announced that they would cancel open international bidding for eight projects of the North-South expressway, in favour of domestic investors.
The 2019 Vietnam Green Building Week will take place in Hanoi from September 23 to 27 in response to the World Green Building Week this year.
Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.
Leading steelmaker Hoa Phat shipped abroad 165,000 tonnes of construction steel in the first eight months of this year, up 38 percent year-on-year, according to the group.
Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.
Hanwa Co., a Japanese firm trading in a wide range of products including steels and construction materials, has bought a 65-percent stake in a Vietnamese steel coil maker, according to NNA Japan.
Many Indian enterprises are interested in cooperating with Ho Chi Minh City in waste treatment and management, renewable energy and power generation.
Ho Chi Minh City has attracted 4.19 billion USD in foreign direct investment (FDI) so far this year, up 21.7 percent year-on-year.
The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.
The Standing Committee of the National Assembly issued Resolution No. 751/2019 / UBTVQH14 dated August 16, 2019 explaining some articles of the Planning Law, effective from the date of signing.
Vietnam is on the rise for Australian investors, said an article published on the Australian Financial Review ahead of Prime Minister Scott Morrison's upcoming visit to the Southeast Asian nation.
Vietnam has long been persistent and consistent in safeguarding its national sovereignty in the East Sea through peaceful measures on the basis of international law to maintain peace, stability, security and cooperation at sea for the legitimate interests of all parties.
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.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
The Vietnam Water Supply Association (VWSA) and the German Water Partnership held a forum in Hanoi on August 1 discussing water drainage development policy and service prices.
Prime Minister Nguyen Xuan Phuc has asked ministries, ministry-level and central agencies as well as centrally-run localities to make middle-term plans for public investment in 2021-2025.
Vietnam's consumer price index (CPI) in July rose by 0.18 percent month-on-month, and 2.44 percent from the same period last year, according to the General Statistics Office (GSO).
The office market in Ho Chi Minh City continued stable growth in the first half of this year, with some increases in rental prices and areas, according to major property consultant firms.
Vietnam's new budget carrier Bamboo Airways will launch construction of an aviation training institute at Nhon Hoi ecological tourism area in the south central province of Binh Dinh on July 28.
The 2019 Vietnam international water and environment exhibition (Vietwater) opened in Hanoi on July 24 with the participation of more than 200 exhibitors from 30 countries and territories.
Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.
Valuation of intellectual property remains a grey area in Vietnam and can be improved only with support from authorities, experts have told a recent workshop held in Ho Chi Minh City.
The Ministry of Construction (MoC) plans to start releasing quarterly reports on the domestic real estate market to increase transparency, Minister of Construction Pham Hong Ha said at a recent ministry meeting.
The government has continued to push for the increased use of rubber in the construction of roads nationwide by having rubber resin mixed with para soil cement.
Recognising the importance of workplace safety, more and more businesses in Ho Chi Minh City have begun to invest in modern equipment and increased budgets for labour safety programmes.
The southern economic hub of Ho Chi Minh City attracted 3.21 billion USD in foreign direct investment (FDI) in the first six months of 2019, a year-on-year rise of 20 percent, according to the municipal People's Committee.
The Electricity of Vietnam Southern Power Corporation (EVNSPC) began construction of and put into operation hundreds of grid projects in the first six months of 2019.
The Thai government is pursuing an ambitious plan to build a rail network linking Thailand to other countries in the region, like Singapore and China.
The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.
More than 776,900 jobs were created in the first six months of 2019, a year-on-year decline of 1.1 percent, the Ministry of Labour, Invalids and Social Affairs (MoLISA) reported at a press conference in Hanoi on July 2.
The central province of Thua Thien – Hue is giving priority to green energy projects, especially solar power.
In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.
Hong Kong (China) topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of 5.3 billion USD, making up 28.7 percent of the new foreign direct investment (FDI) inflow into the country.