INVESTMENT INTO STARTUPS UP 34 PER CENT IN FIRST QUARTER
The first-quarter report of South Korean venture fund Nextrans showed that investment in startups jumped by 34 per cent on-year to $100 million, with foreign investors being dominant.
FDI ATTRACTION POLICY NEEDS RADICAL REVAMP
The FDI attraction policy must be proactive with a strong focus placed on quality, effectiveness, technology and environmental protection.
M&A EXPECTED TO SOAR IN SECOND HALF
Despite a drop in mergers and acquisitions during the pandemic, a breakthrough is expected in the second half of the year thanks to some billion-dollar deals in the making.
VIET NAM SEES STRONG IMPORT, EXPORT RECOVERY IN FIRST QUARTER
Trần Thanh Hải, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, said: “Việt Nam has been making good use of the new-generation FTAs that have taken effect, such as the EU-Việt Nam Free Trade Agreement (EVFTA), the UK-Việt Nam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).”
INFOGRAPHIC INDUSTRY IN THE FIRST QUARTER OF 2021
Production and growth rates ò some key industrial products of Q1/2021 compare to Q1/2020
VIETNAM’S GDP GROWTH EXPECTED TO REBOUND TO 6.6% IN 2021: WORLD BANK
Vietnam’s exports are expected to perform strongly in 2021, though they face the risks of slackening international demand, said World Bank Vietnam in its recent report on Vietnam’s economy.
CONSTRUCTION MATERIAL PRICES RECOVER ALONG WITH ECONOMY POST-COVID
Construction sand is becoming scarce in the Mekong Delta, a major supplier, and buyers wanting large quantities have to wait for a month and often pay more than the originally quoted price.
EXPORT-IMPORT TURNOVER HITS 10-YEAR RECORD
Domestic businesses exported $25.76 billion worth of goods and services, up 12.8 per cent on-year and accounting for 24.8 per cent of all overseas shipments, while foreign-invested enteprises (FIEs) still made up the majority with $78.14 billion, increasing 34.4 per cent and representing 75.2 per cent of the total.
