In 2021, investment capital in start-ups hit a record level of 1.35 billion USD, making Vietnam the most attractive startup valley in the region. According to the latest data from the Department of Market Development and Sci-tech Enterprises (Ministry of Science and Technology), investment capital poured into start-ups in Vietnam grew dramatically in 2021, reaching […]
Read MoreThis year, changes of hands are likely at some banks, in addition to mergers and acquisitions (M&A) and share sales to foreign partners. Now that the market is favorable again, it is certain that banks will strengthen their internal resources by finding strategic partners and speeding up the restructuring process. SMBC to switch from Eximbank […]
Read MoreIn 2022, Vietnam is forecast to record growth at a significantly higher rate, partly thanks to the high vaccination rate that helped the country recovered most of its economic activity since late 2021. PwC recently published the report “Vietnam Outlook 2022: Economic prospects in the wake of COVID-19”. The report said that, after a long […]
Read MoreAccording to the General Department of Taxation, there are 15 large corporations and technology companies in the world earning a lot of money from Vietnam through cross-border businesses. If Vietnam’s online advertising revenue is about 1 billion USD, Google and Facebook account for more than 80%, or more than 800 million USD, according to Vietnam […]
Read MoreThe Covid-19 pandemic caused turbulence in the labor market in Vietnam in 2021. For the first time in 10 years, the Vietnamese economy witnessed a serious decline in the number of labor market participants and the number of employed people. The average income of workers also fell. The unemployment and underemployment rates both increased, in […]
Read MoreThe Government is in a process of setting up an investment portfolio to be included in a public investment scheme, which is expected to complete this month. The Vietnamese Government plan to kick start some pubic investment projects, estimated around VND113.85 trillion (US$5 billion) in April. Deputy Minister of Planning and Investment Tran Quoc Phuong […]
Read More
Thailand
