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VIETNAM ECONOMY INVESTMENT

VIETNAM CONTINUES TO BE ONE OF THE TOP FDI RECEIVERS IN ASEAN

According to the latest report by HSBC, total FDI to ASEAN-6 (Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines) has averaged nearly $127 billion per year since 2010, approximately three times more than the average over the previous decade – the average for 2000-09 was $41 billion.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JUNE 29, 2022

1. No home loans against legally incomplete projects: central bank
2. Many banks raise annual savings interest rates to over 7pct.
3. Circular economy is key to sustainable development, says minister.
4. Hai Phong attracts more foreign direct investment in H1
5. Ministry listens to firms' difficulties, pledges to raise support
----and more news

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VIETNAM ECONOMY INVESTMENT

EXPORT GROWTH RATE PROJECTED TO REACH 6-7% ANNUALLY IN 2021-2030

A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.

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VIETNAM ECONOMY INVESTMENT

NEWLY-ESTABLISHED BUSINESSES IN H1 EXCEED 70,000 FOR FIRST TIME

There were 76,233 newly-registered enterprises in the first six months of this year, an increase of 13.6 per cent compared to last year. This is the first time that the number of newly-established enterprises in the first six months has exceeded 70,000.

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VIETNAM ECONOMY INVESTMENT

VN TO ESTABLISH INDUSTRIAL ENVIRONMENTAL INDEX

The Ministry of Planning and Investment (MPI) has called for the implementation of an industrial environmental index in Việt Nam, according to Lê Thành Quân, head of MPI's department of economic zone management.

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VIETNAM ECONOMY INVESTMENT

VIETNAM ATTRACTS MORE THAN 14 BILLION USD OF FDI IN H1

Vietnam reached more than 14 billion USD in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI).

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PROPERTY / INDUSTRIAL ZONE

STRENGTHENING MAGNETISM OF INDUSTRIAL ZONES

Ninh Thuan will strive to become a relatively developed province in the region and the country by 2025. To create a driving force for socioeconomic development, the province will focus on drawing investment flows into industrial zones. Accordingly, the Ninh Thuan Management Board of Industrial Zones has made ongoing efforts to build an open business and investment environment.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

ADVANCING DIGITAL TRANSFORMATION IN SEAPORT INDUSTRY

The digital ecosystem will help eliminate traditional manual transactions in seaports and digitize processes, in line with the trend of the fourth industrial revolution.


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