Việt Nam News

HCM City attracted US$332.3 million worth of foreign investment in the first two months of the year, a 43.1 per cent rise year-on-year, according to its Statistics Office.

Việt Nam now is more of a destination for value-added investment than for cheap labour manufacturing. The country has become more selective in choosing its foreign investors.

The two main investors in this round are Việt Nam-Oman Investment Fund (VOI) and Mekong Enterprise Fund IV (MEF IV).

HoREA has repeatedly flagged a number of challenges facing the property sector, and urged the administration to mitigate them.

During the period, the processing and manufacturing industry saw the most significant IIP drop with 6.9 per cent. The electricity generation and distribution sector followed it with 5.2 per cent and the mining industry with 3.8 per cent. Meanwhile, the water supply, waste-water treatment and management activities recorded an IIP increase of 2.3 per cent.

One success story was shared by Mê Trang Coffee Joint Stock Company, which had previously allocated a significant portion of its budget towards sending delegations to international exhibitions and fairs in search of customers.

With 121.8 million shares outstanding on UpCOM, Vocarimex is expected to spend more than VNĐ1.2 trillion in the dividend payment.

In the first half of the year, the capital market had six successful IPOs, raising US$65 million, building on the vibrant market movements in the second half of 2021.

Generating e-invoices from cash registers was convenient for taxpayers. It also supports tax authorities in having database of goods and services transactions to serve the tax management and combat frauds and tax evasion.

Despite improvement in 2022, occupancy and room rates in HCM City have yet recover to pre-pandemic levels, according to real estate service provider Savills Việt Nam.

In the first two months of this year, 19,700 businesses with a combined registered capital of VNĐ164.7 trillion and 119,600 labourers were set up across the country.

From Asia to Europe and the Middle East to North America, potential buyers are looking for top-notch products, which has prompted domestic exporters to ramp up their efforts to meet these rigorous standards.

Singapore-based property developer Frasers Property Vietnam on Wednesday announced it has entered into a partnership with Gelex Group, a leading industrial production and infrastructure company, to develop its presence in the north of Việt Nam.

The downtrend was due to weak sentiment and profit-taking activities of some investors, leading to losses of many large-cap stocks. 

The promotion aims to increase opportunities to own and experience Honda automobile products and partially support the cost of car buying for customers after the Lunar New Year.

Exhibitors from India, Belgium, Taiwan, South Korea, Hong Kong, Israel, Russia, Malaysia, Japan, New Zealand and mainland China will showcase advanced equipment and technologies in the healthcare and pharmaceutical sectors in over 500 booths. 

These initial deliveries are from the first shipment of 999 City Edition vehicles, which were shipped to the US in December last year.

On August 30, 2021, Mexico commenced an anti-dumping investigation into the imports from Viet Nam following a request from domestic producers.