VIETNAM TO BECOME SECOND LARGEST DIGITAL ECONOMY IN SOUTHEAST ASIA IN 2025: EXPERTS
Vietnam can become the second largest digital economy in Southeast Asia in 2025, while the country’s e-commerce market will draw more large-scale businesses, forecast experts at an online seminar in Ho Chi Minh City on April 20.
POLICIES NEEDED TO SUPPORT STEEL INDUSTRY DEVELOPMENT
Overreliance on input material imports, small production value and outdated technology were among the major weaknesses of Việt Nam's steel industry, said a recent report by the Ministry of Industry and Trade.
ANNUAL REPORT ON FDI IN VIETNAM RELEASED FOR THE FIRST TIME
The Vietnam Association of Foreign-Invested Enterprises has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation's investment environment.
INVESTORS SEEK HUSBANDRY OPPORTUNITIES IN DONG
Vice Chairman of the People’s Committee of Dong Nai province Vo Van Phi received executives from the Netherlands’ De Heus Group and Vietnam’s Hung Nhon Group on May 9 to discuss opportunities in agriculture in the southern province.
IMPROVING HUMAN RESOURCES FOR DIGITAL BANKING TRANSFORMATION
Digital transformation in banking requires banks to quickly and strongly shift to digital services in the online environment in order to effectively interact with customers in the front-end, as well as requiring changes in back-end processes to support front-line transitions and improve operational efficiency through increasing digitization and automation. However, human resources in Vietnam to meet these requirements are scarce, causing many Vietnamese banks to compete fiercely to find and retain high-quality personnel.
REAL ESTATE REMAINS SECOND BIGGEST MAGNET FOR FDI
Foreign investors pledged to pour over US$2.8 billion in real estate sector in the first four months this year, accounting for 30.3 percent of the total foreign direct investment inflows.
SMART HOME MARKET REVENUE TO HIT $453 MILLION BY 2026
The information was revealed in the Việt Nam Smarthome Report 2022, which was launched at a workshop on Internet of Things (IoT)/Smart home in Việt Nam held in Hà Nội on Wednesday.
SPACE EXPANDS FOR CAPITAL INFLOWS FROM OVERSEAS
Japanese-backed Sojitz Corporation is planning to increase its investment portfolio with an upcoming project to develop an additional industrial park (IP) in the southern province of Dong Nai. An MoU was inked last week between Sojitz and its partners.
