QUANG NINH AIMS TO ATTRACT 3 BILLION USD WORTH OF FDI THIS YEAR
According to the province’s Investment Promotion and Support Board, FDI was put mainly into high-tech fields and environmentally friendly industries with high added value, enabling the northern coastal province to participate in the global value chain.
THE 8TH VIETNAM INT'L COFFEE, TEA AND BAKERY EXPO (COFFEE EXPO VIETNAM 2024)
Coffee Expo Vietnam 2024 is the most prominent trade exhibition of the year in 2024 in the coffee, tea, and pastry industry. https://www.instagram.com/coffeeexpo_vietnam/This is an exhibition event for premium coffee and tea technologies, products, and services, including ingredients, machinery and equipment, desserts, and other related products from well-known domestic and international brands.
EVFTA STRENGTHENS VIET NAM’S POSITION AS AN ATTRACTIVE DESTINATION FOR EUROPEAN INVESTMENT
The EVFTA which entered into force in August 2020, has been significant. It has made Viet Nam one of only two ASEAN countries, along with Singapore, to have a free trade agreement with the EU. This has given the country a competitive edge over other ASEAN nations still in negotiations with Europe.
EXPANSIVE OPPORTUNITIES FOR INDUSTRIAL REAL ESTATE DEVELOPMENT
Vietnam’s industrial real estate sector is experiencing strong expansion, driven by favorable elements such as macroeconomic stability, industrial advancement and enhancements in transportation infrastructure.improvement.
FTAS GIVE STRONG BOOST TO EXPORT GROWTH
Viet Nam's exports accelerated from US$5.4 billion in 1995 to around US$364 billion in 2023, mainly fuelled by the signing of free trade agreements, both bilaterally and multilaterally. In 1995, Viet Nam joined ASEAN Free Trade Agreement (ATFA), the first FTA between Viet Nam and foreign partners since the country began Reform policy in 1986, ushering in a new era of regional and international economic integration.
VIETNAM EXPECTS US$500 MLN FOREST CARBON CREDIT SALES
Promoting forest carbon credit trading is a significant driver for climate change mitigation and sustainable forest management. The prospective financial gains derived from forest carbon ought to be rechanneled into forest conservation and management, while ensuring an equitable distribution of benefits to accomplish objectives within the forestry sector.
UOB PROJECTS VIET NAM’S Q2 GDP GROWTH RATE TO HIT 6 PER CENT
Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Việt Nam at 6 per cent for the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply chain shifts.
REDUCED WORKING HOURS MUST GO HAND-IN-HAND WITH IMPROVED PRODUCTIVITY
The Vietnam General Confederation of Labour (VGCL), the sole representative of Vietnamese worker's interests and unified trade union organisation in the country, has for the second time this year called on the Government to reduce the weekly working hours for the private sector workers from 48 to 44, and eventually to 40 hours per week.
