Business News

Hanoi disbursed some 2.2 trillion VND (96.44 million USD) worth of investment sourced from the State budget in February, equivalent to 66.5 percent of last month’s figure, but an increase of 6.2 percent year-on-year, the municipal Statistics Office reported.

Foreign investors have poured nearly 5 billion USD in Vietnam so far this year, equivalent to 91.5 percent of that in the same time last year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

1. Low interest rates put pressure on non-life insurers
2. Hanoi: disbursement of public investment up 6.2pct in February
3. Room remains for Vietnam's coffee exports to Algeria
4. Committee reviewed first third of eco-industrial parks scheme
5. Real estate market waits for amended Investment Law.
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1. Online oil monitoring equipment supply
2. Materials and components supply
3. Materials and equipment supply
4. Colour supersonic machine supply
5. Wideband frequency matrix probe supply
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KCN Vietnam and IVY Construction held a groundbreaking ceremony in Phu An Thanh industrial park to celebrate the start of construction of KCN Phu An Thanh. The 13.4 ha project will be divided in two phases to deliver a total gross leasable area of 90,516 sqm to the industrial real estate market at completion. The handover of more than 45,000 sqm will be in early Q4-2022.

You are invited to join this special hybrid event co-organized by AmCham and EuroCham to learn the inside story and key outcomes from the February 18 Technical Sessions and February 21 High-level VBF with Prime Minister Pham Minh Chinh, and the outlook for Vietnam and the VBF for 2022. The event is co-hosted with Consortium Member Chambers BritCham, JCCI, KoCham, and other chambers.

The prices of fuel products in the local market were revised up in line with the global fuel price hike, and the prices of food and foodstuffs, out-of-home dining and public transport services during the Tet holiday increased, thereby pushing up the index in February, said Nguyen Thu Oanh, head of GSO’s Price Statistics Department.

Several major foreign direct investments (FDI) projects increased their investment capital by hundreds of millions of US dollars in the first two months of 2022, according to the Foreign Investment Agency.