Business News

Although infrastructure development in Vietnam’s biggest cities is gradually helping to bolster real estate in neighbouring areas and push up prices, investors are advised to remain cautious and take local livelihoods into account. Located in Thu Duc of Ho Chi Minh City, the Dong Tang Long project was once expected to be a model urban area, but it has remained unused for many years and is now a series of abandoned and degraded villas.

The General Statistics Office (GSO) projected the disbursed foreign direct investment (FDI) in Vietnam for the first two months of 2024 to be approximately US$2.8 billion, marking a year-on-year surge of 9.8%. This represents the most substantial amount of actualized FDI capital for the January-February timeframe in the past five years.

As per the Customs Reform and Modernization Board under the General Department of Vietnam Customs, the customs sector has embarked on a significant institutional reform. This includes simplifying and harmonizing customs procedures in accordance with the World Customs Organization (WCO) standards. 

At present, customs agencies worldwide are actively exploring and integrating advanced technologies into their specialized operations. This includes the application of Artificial Intelligence (AI) and Machine Learning (ML) in customs and border management.

Although infrastructure development in Vietnam’s biggest cities is gradually helping to bolster real estate in neighbouring areas and push up prices, investors are advised to remain cautious and take local livelihoods into account.

Vietnam's tech ecosystem received total funding of $35.7 million in the first quarter of 2024, according to a report released by Tracxn Technologies on April 2. The Q1/2024 funding of $35.7 million was a 39 per cent drop from the $58.6 million raised in the same period in 2023, but a 467 per cent increase compared to the $6.3 million raised in Q4/2023.

Don’t miss this unparalleled opportunity to connect with experts and enthusiasts in the tech industry. Whether you’re looking to grow your business, learn about the latest trends, or just meet new people, Partner Bootcamp 2024 is the place to be!

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.