Real estate segments benefit from surging FDI inflow in production

Real estate segments benefit from surging FDI inflow in production

HCM City – Despite a modest influx of foreign direct investment (FDI) in the real estate sector since early 2024, Savills Vietnam sees a silver lining in the surge of FDI into high-tech manufacturing.
Dong Nai rolls out red carpet for investment in "100-year development strategy"

Dong Nai rolls out red carpet for investment in "100-year development strategy"

The southern province of Dong Nai is considered to be at a golden stage, gathering all necessary factors to accelerate and make strong breakthroughs in the coming years, including aligning the province's development with the Southeast region.
Binh Duong needs 300 million USD to upgrade urban infrastructure

Binh Duong needs 300 million USD to upgrade urban infrastructure

The southern province of Binh Duong is implementing a plan to access loans of nearly 317 million USD to upgrade urban infrastructure for residents' better living conditions, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.
Vinh Phuc Province, destination for global corporations

Vinh Phuc Province, destination for global corporations

(VEN) - In early September 2024, Richard Chandler, a billionaire ranked 15th on Forbes’ list of the 50 wealthiest billionaires in Singapore, proposed to Tran Duy Dong, Chairman of the People’s Committee of Vinh Phuc Province, a project worth VND1 trillion to be developed in the locality.
Long An Province working hard to improve investment environment

Long An Province working hard to improve investment environment

The Mekong Delta province of Long An is committed to further improving its business environment, securing its place in the top three in the Provincial Competitiveness Index rankings, according to the provincial People’s Committee (Administration).
Accelerating the disbursement of public investment capital

Accelerating the disbursement of public investment capital

The Ministry of Planning and Investment has proposed that the government consider launching a 120-day-and-night campaign to disburse public investment capital for 2024. It also urged ministries, sectors, and localities with disbursement rates below the national average to focus on accelerating the disbursement of public investment capital from now until the end of the year.
Investors upbeat about Vietnam’s industrial property market

Investors upbeat about Vietnam’s industrial property market

Hanoi – Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.
Hưng Yên creates open environment to attract investment

Hưng Yên creates open environment to attract investment

With an open investment environment, modern infrastructure and abundant labour resources, Hưng Yên has successfully marketed itself as an attractive destination for investors.
Vietnam has great potential to attract FDI in medical sector

Vietnam has great potential to attract FDI in medical sector

(VEN) - With a large and growing domestic market, socioeconomic stability, and active participation in free trade agreements (FTAs), Vietnam has significant potential to attract foreign direct investment (FDI) in the medical sector.
Ben Tre calls on investors to coastal areas

Ben Tre calls on investors to coastal areas

The southern province of Ben Tre is striving to attract investors to its coastal areas as a move to realise its goal of developing its eastern part.
Bình Dương eyes semiconductor, high-tech development

Bình Dương eyes semiconductor, high-tech development

The southern province of Bình Dương is focusing on facilitating investment in semiconductor and high-tech industries to leverage its advantages in these fields.
Lai Châu attracts VND2 trillion worth of investments

Lai Châu attracts VND2 trillion worth of investments

Lai Châu Province attracted more than VNĐ2 trillion (US$80.5 million) of investments at an investment promotion conference held on Sunday.
Public investment disbursement acceleration promotes socio-economic development

Public investment disbursement acceleration promotes socio-economic development

Vietnam is speeding up public investment disbursement to push growth, after going through difficult times due to the severe economic impact of Typhoon Yagi.
RoK companies step up investment in hi-tech industries in Vietnam

RoK companies step up investment in hi-tech industries in Vietnam

Investment of the Republic of Korea (RoK) in Vietnam has gradually expanded from heavy industries to a wide range of high-tech industries, significantly contributing to the development of the manufacturing industry and high technology transfer between the two countries, according to the Korean Chamber of Commerce in Vietnam (KOCHAM).
Ca Mau Province accelerates public investment disbursement

Ca Mau Province accelerates public investment disbursement

This southernmost province has set a target of 7% economic growth this year, so the pressure to disburse public investment capital from now until the end of the year is still very large, and solutions are needed to create a breakthrough.
HCM City approves US$9b Cần Giờ coastal urban development project

HCM City approves US$9b Cần Giờ coastal urban development project

HCM City People’s Committee has approved the planning for the Cần Giờ coastal urban area, which covers an area of 2,870 hectares and is projected to attract nearly US$9 billion in private investment.
Bac Ninh leads nation in FDI attraction in nine months

Bac Ninh leads nation in FDI attraction in nine months

Bac Ninh province continued topping the nation for foreign direct investment (FDI) influx with a total of over 4.2 billion USD during January-September on the back of its sound investment climate, modern infrastructure, and abundant labour force.
Total social investment capital disbursed in nine months up 6.8%: GSO

Total social investment capital disbursed in nine months up 6.8%: GSO

The total social investment capital disbursed during January – September rose 6.8% to some 2.42 quadrillion VND (97.2 billion USD) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).
Bến Tre to unlock potential for investment attraction

Bến Tre to unlock potential for investment attraction

The Cửu Long (Mekong) Delta province of Bến Tre has approved six projects with a total capital of nearly VNĐ8 trillion (US$322 million).
Foreign capital influx permeates southern real estate market

Foreign capital influx permeates southern real estate market

Foreign investment are continuously poured into the real estate market in southern localities, resulting in the emergence of a series of new property projects in the past eight months.
Foreign investment surpasses 24.78 billion USD in nine months

Foreign investment surpasses 24.78 billion USD in nine months

Total registered foreign investment into Việt Nam has exceeded US$24.78 billion as of September 30, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
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PM calls on whole society, teachers, education sector to enter era of nation

PM calls on whole society, teachers, education sector to enter era of nation's rise

Prime Minister Phạm Minh Chính on November 15 called on the whole society to join hands with teachers and the education sector in nurturing owners of the future, especially when Việt Nam is preparing to enter a new era - the era of the nation’s rise.
LG plans to pour further US$1 billion investment into Vietnam

LG plans to pour further US$1 billion investment into Vietnam

The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.
PM sets off for attendance at G20 Summit in Brazil, official visit to Dominican Republic

PM sets off for attendance at G20 Summit in Brazil, official visit to Dominican Republic

Hanoi – Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam left Hanoi in the early morning of November 16 to attend the G20 Summit and have bilateral activities in Rio de Janeiro, Brazil, from November 16-19, and pay an official visit to the Dominican Republic from November 19-21.
State leader meets with New Zealand

State leader meets with New Zealand's PM in Lima

Lima - State President Luong Cuong had a meeting with Prime Minister of New Zealand Christopher Luxon in Lima on November 15 (local time), while there to participate in the APEC 2024 Leaders’ Week in Peru.
Key socio-economic development targets for 2025

Key socio-economic development targets for 2025

On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.
key socio economic development targets for 2025

Key socio-economic development targets for 2025

On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.
seven commodities with export value of over 10 billion usd

Seven commodities with export value of over 10 billion USD

Seven commodities of Vietnam posted an export value of over 10 billion USD in the first 10 months of this year, accounting for over 66.5% of the country's total export turnover.
vietnam actively contributes to apec

Vietnam actively contributes to APEC

Vietnamese State President Luong Cuong leads a high-level delegation to Peru for an official visit and to attend the 2024 APEC Economic Leaders' Week in Lima from November 12-16 at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra. Since joining APEC in 1998, Vietnam has made significant contributions to APEC’s goals, actively proposing initiatives and fulfilling key roles.
vietnams national brand value reaches 507 billion usd in 2024

Vietnam’s national brand value reaches 507 billion USD in 2024

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.
vietnam chile comprehensive partnership

Vietnam-Chile Comprehensive Partnership

President Luong Cuong’s official visit to the Republic of Chile from November 9 to 12 comes as relations between the two countries continue to grow positively. The visit aims to enhance the Vietnam-Chile Comprehensive Partnership, making it more substantive, impactful, and effective.
Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.
Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.
PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
Project launched to advance energy transition in Việt Nam

Project launched to advance energy transition in Việt Nam

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector.
Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.
Electricity demand in 2025 to be basically met: ministry

Electricity demand in 2025 to be basically met: ministry

Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.
Foreign investors expand chip packaging footprint in Viet Nam

Foreign investors expand chip packaging footprint in Viet Nam

Foreign tech giants are expanding capacity in Viet Nam for testing and packaging, according to Reuters.
LG plans to pour further US$1 billion investment into Vietnam

LG plans to pour further US$1 billion investment into Vietnam

The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.
Long An province promotes investment and trade in France

Long An province promotes investment and trade in France

A Vietnam-France Investment and Trade Promotion Seminar was held in Paris on November 13 to strengthen connections and seek cooperation opportunities between the Mekong Delta province of Long An and France.
Bac Giang prioritises high-tech FDI projects, services industry

Bac Giang prioritises high-tech FDI projects, services industry

The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.
Vietnam draws new wave of high-value investments: Savills

Vietnam draws new wave of high-value investments: Savills

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
UK stands ready to help Vietnam build international financial hub

UK stands ready to help Vietnam build international financial hub

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.
S&P affirms Techcombank’s BB- rating

S&P affirms Techcombank’s BB- rating

S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.
Tax sector fulfils nearly 95% of state budget collection target

Tax sector fulfils nearly 95% of state budget collection target

The General Department of Taxation on November 7 reported that the total state budget collection of the sector in January – October was estimated at over 1.4 quadrillion VND (55.18 billion USD), or 94.8% of the annual projection and up 16.3% against the same time last year.
Việt Nam

Việt Nam's stock market moves closer to emerging market status amid key policy changes

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.
Việt Nam focuses on biodiversity credits under global agreements

Việt Nam focuses on biodiversity credits under global agreements

The initial steps are part of a broader effort to align with global commitments to protect and conserve biodiversity.
New national environmental protection planning project eyes settlement of pollution

New national environmental protection planning project eyes settlement of pollution

The national environmental protection planning project for the 2021 – 2030 period, with a vision to 2050, was announced at a ceremony held in a hybrid format on November 15 by the Ministry of Natural Resources and Environment.
MoIT facilitates power plant ash and slag consumption

MoIT facilitates power plant ash and slag consumption

(VEN) - The Ministry of Industry and Trade (MoIT) has implemented a range of consistent solutions to facilitate consumption of ash, slag and gypsum generated by coal-fired power and fertilizer production enterprises.
Support for communities in buffer zones helps strengthen forest conservation

Support for communities in buffer zones helps strengthen forest conservation

Supporting these communities enhances the livelihoods of those living near the forest, helping to alleviate pressure on resources, boost public awareness and encourage people to participate in conservation, protection and biodiversity preservation.
Việt Nam, US sign cooperation agreement on cybersecurity

Việt Nam, US sign cooperation agreement on cybersecurity

The MOU is expected to strengthen the existing partnership between the US and Việt Nam, while also helping the US promote innovation and secure digital infrastructure as well as countering the growing cyber threats.
Viettel launches the world’s first O-RAN 5G Network

Viettel launches the world’s first O-RAN 5G Network

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.
4G mobile network coverage reaches 99% of Vietnamese population: Minister

4G mobile network coverage reaches 99% of Vietnamese population: Minister

Vietnam's 4G mobile network coverage now reaches 99% of the population, bringing the country close to the level of developed nations, which is at 99.4%, Minister of Information and Communications Nguyen Manh Hung affirmed at a Q&A session as part of the 15th National Assembly’s ongoing 8th sitting on November 12.
Quang Ninh to host 3rd Vietnam Int

Quang Ninh to host 3rd Vietnam Int'l Digital Week next week

The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.
PM calls on whole society, teachers, education sector to enter era of nation

PM calls on whole society, teachers, education sector to enter era of nation's rise

Prime Minister Phạm Minh Chính on November 15 called on the whole society to join hands with teachers and the education sector in nurturing owners of the future, especially when Việt Nam is preparing to enter a new era - the era of the nation’s rise.
Students invent eco-friendly material press machine to replace plastic products

Students invent eco-friendly material press machine to replace plastic products

Researching and designing a press machine to produce plates and bowls from readily available materials like coconut husks, areca sheaths and banana leaves not only promotes green product consumption but also helps as part of developing a sustainable economy.
Party chief urges Hai Phong to become modern maritime economic hub

Party chief urges Hai Phong to become modern maritime economic hub

As part of his working trip to the northern city of Hai Phong, Party General Secretary To Lam held a working session with the municipal Party Committee on November 14, during which he urged the local authority to pay attention to planning work, towards turning it into a modern maritime economic hub in the future.
Night flights added at six airports to meet rising travel demand during Tet

Night flights added at six airports to meet rising travel demand during Tet

The Civil Aviation Authority of Vietnam (CAAV) has approved proposals from several domestic airlines to increase night flights to meet the higher travel demand during the Lunar New Year (Tet) which falls in late January 2025.
Hòa Bình exports honey and pearl onions to UK

Hòa Bình exports honey and pearl onions to UK

This shipment marks Hòa Bình Province's second export of processed agricultural products to the UK, and has a value exceeding VNĐ300 million (US$11,800).
Central province selects OCOP products to be promoted in the US

Central province selects OCOP products to be promoted in the US

The central provincial department of Agriculture and Rural Development has included ten OCOPs (One Commune One Product) – for promotion and introduction into the US market.
Hà Nội to host large-scale international fair for key industrial products in 2025

Hà Nội to host large-scale international fair for key industrial products in 2025

The city will also organise a conference to connect 50-70 leading industrial product manufacturers with local universities and vocational training institutions.
Agriculture, craft village festival to be held in Hà Nội

Agriculture, craft village festival to be held in Hà Nội

Visitors will have the opportunity to explore the agricultural culture of Hà Nội and purchase high-quality products with traceable origins.
tcty-dau-khi-vn-pv-power-2022
Seminar helps fashion businesses identify future consumers

Seminar helps fashion businesses identify future consumers

Vietnamese fashion businesses discussed how to identify the consumer profiles and sentiments that will drive business growth in the coming years at a seminar held in Hà Nội on Monday.
Kiên Giang to host Khmer cultural festival

Kiên Giang to host Khmer cultural festival

The Cửu Long (Mekong Delta) province of Kiên Giang will host the 2024 Khmer Culture, Sports and Tourism Festival from November 13-16.
Two Vietnamese artists nominated for Grammy Awards

Two Vietnamese artists nominated for Grammy Awards

Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuân Loan, and director Bảo Nguyễn have been nominated for Grammy Awards this year.
Great Solidarity of Ethnic Groups Week to take place next week

Great Solidarity of Ethnic Groups Week to take place next week

The Great Solidarity of Ethnic Groups - Vietnamese Cultural Heritage Week 2024 will take place at the Vietnam National Village for Ethnic Culture and Tourism in Hanoi from November 16-24, according to the Ministry of Culture, Sports and Tourism.
Quảng Ninh to attract more foreign tourists by year-end

Quảng Ninh to attract more foreign tourists by year-end

The northeastern province of Quảng Ninh, home to Hạ Long bay, a UNESCO World Heritage Site, is actively working to reach its target of 19 million visitors in 2024, including 3.5 million international arrivals.
Vietnam promotes int’l cooperation in MICE tourism development

Vietnam promotes int’l cooperation in MICE tourism development

(VEN) - MICE is a type of tourism that combines meetings, incentives, conferences, and exhibitions organized by businesses for their staff, employees, and partners. Compared to other countries in the region, Vietnam is considered to have great potential for MICE tourism development.
2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

The 11th Nha Trang – Khanh Hoa Sea Festival will take place from June 7 - 9 next year, offering a great chance for the south-central coastal province of Khanh Hoa to promote and honour the beauty and immense value of its sea.
Việt Nam to welcome more international cruise ship tourists

Việt Nam to welcome more international cruise ship tourists

Việt Nam has recognised the potential of cruise tourism and is planning to attract more international visitors through this mode of travel.
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