Việt Nam News

Việt Nam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Việt Nam report.

Removal of the land price framework issued by the Government will make the market more transparent and prevent real estate from skyrocketing, according to Minister of Natural Resources and Environment Trần Hồng Hà.

Shares inched lower on Monday, but pared the morning losses as buyers took the chance to buy the dip.

Shoppertainment could uncover US$1 trillion in market value for brands in Asia Pacific (APAC) by 2025.

Global human resource outsourcing has grown by 5-7 per cent in recent years, mainly in manufacturing, financial services, technology, retail and services, experts said.

Building a solid and long-term legal basis for corporate bond issuance was an urgent solution to build a capital market for the real estate sector.

Shares are forecast to continue their uptrend but the short-term selling pressure is increasing after seven weeks of gaining.

HCM City is seeking approval for an additional VNĐ120 trillion (US$5.13 billion) of public investment from the central government and the disbursement of previously approved public investment in order to speed up the progress of major public projects, said a city official.

Việt Nam is a huge potential market for bubble tea business as the drink is gradually becoming a favourite and popular drink among generations Y and Z.

The capital city of Hà Nội has set up many solutions to develop other supporting industries, aiming to increase the municipal supporting industry development index.

The global hotel and resort sector is recovering well from the COVID-19 pandemic with improvements on occupancy and room rates, and Việt Nam is no exception, Mauro Gasparotti, director of Savills Hotels Asia Pacific, said.

Three months have passed since the Government introduced a special programme providing interest rate support in loans for businesses, but not many are interested in the programme which is contrary to the market expectation that it would help ease the enterprises’ thirst for capital.

The total foreign direct investment (FDI) of Việt Nam reached nearly US$16.8 billion as of August 20, down 12.3 per cent over the same period last year.

The Deputy PM urged ministries to create favourable conditions for the plant to operate without any hindrances. He also called on local authorities to support people that have been displaced for the construction of the plant to ensure their livelihoods.

The Saigon High-Tech Park (SHTP) and Synopsys, a global leader in electronic design automation and semiconductor IP, on Friday (August 26) signed a Memorandum of Understanding (MoU) on cultivating integrated circuit (IC) design talent in Việt Nam.

In order to make 5G technology a part of digital transformation efforts and Industry 4.0 in Việt Nam, it is necessary not only to build telecoms network infrastructure but also develop a 5G mobile ecosystem. 

According to PricewaterhouseCoopers (PwC), the financial services (FS) industry’s need for digital capabilities, combined with sustained pressure from regulators and disruption from platforms and fintechs, means M&A will continue to be a driver for transformation.

At the first round of OCOP product evaluation and classification in 2022 taking place on August 18, the provincial council for OCOP grading and evaluated 30 product profiles of 11 districts, cities and towns.