Business News

Of the total, 7.94 billion USD was poured into 1,227 new projects, a year-on-year increase of 50.8 per cent and 27.5 per cent, respectively. Meanwhile, 440 projects had their capital added with a total of over 2.08 billion USD, dropping 9.3 per cent and 8.7 per cent as compared to the same time last year.

The fact that Vietnam is taking the lead in ensuring sustainable development is evident through its implementation of a national green growth strategy, a climate change strategy, and a new environmental protection law. Additionally, obtaining feedback from businesses operating in Vietnam provides a valuable perspective on these initiatives.

Viet Nam is gradually changing its economic growth model, shifting the structure towards creating high-added value. This means it needs to attract new generation investment and technology exchange in order to create sustainable development for domestic enterprises.

The first quarter of 2024 saw the Southeast Asian country import $3.079 billion worth of mobile phones and components, a 22.4 per cent increase compared to last year and the fifth largest import of the country. The numbers showed Việt Nam spent a total of $789.7 million importing mobile phones and components in April, a slight decrease of just one per cent compared to the previous month.

Pop Mart, a leading Chinese maker of collectible toys, launched its first official store in Crescent Mall, District 7, Ho Chi Minh City, on May 18. The move marks a new milestone in the brand's development strategy in the Southeast Asian market.

Viet Nam is gradually changing its economic growth model, shifting the structure towards creating high-added value. This means it needs to attract new generation investment and technology exchange in order to create sustainable development for domestic enterprises.

Every bite carries the memory of tradition

Vietnam’s data center market is increasingly attractive to foreign investors, driven by the country’s expanding digital economy, rising data consumption, and supportive government policies, said a new report by JLL. While Vietnam’s data center sector has traditionally been dominated by local telecommunications companies, global players are now entering the market.