The Hanoitimes – The country has drawn significant interest among international developers, investors, and financiers as a fast-growing market. With a total of 5.2GW offshore wind capacity built in 2020-2030, Vietnam is placed among the top five markets in Asia in new installations in this decade, behind China (52 GW), Taiwan, China (10.5 GW), South Korea […]
Read MoreFree trade agreements (FTAs) that Vietnam has signed with its partners have been an important factor attracting foreign investments to the country. In the first eight months of 2020, Vietnam attracted 19.5 billion USD in foreign direct investment (FDI), down 13.7 percent year-on-year. There were 1,797 new FDI projects licensed, with registered capital totalling 9.73 […]
Read MoreMany consumer goods and food retailers are opening new shops, while others have had to shut down and give back retail premises to landlords. Covid-19 has cast a shadow on the global and Vietnamese economy. However, not all opportunities have disappeared and not all retailers are bogged down in difficulties. International investors have seen share […]
Read MoreThe Hanoitimes – Vietnam’s installed capacity is set to increase to about 70 gigawatts (GW) by end-2022 (2019: 55GW), led mainly by private players and other government-owned entities. Electricity demand in Vietnam is forecast to continue to increase at an average rate of 9% a year from 2021 onwards, driven by rising industrialization, urbanization and affluence, […]
Read MoreMany listed banks witnessed weak performance of fee income growth in the first six months of the year due to the Covid-19 pandemic. Payment fees and card fees are expected to maintain growth momentum upon the promotion of non-cash payment, as banks are focusing on the retail segment and digital transformation, according to Viet Dragon […]
Read MoreThe Hanoitimes – The EU is the second largest import market in the world, accounting for 14.9% of total global imports, and Vietnam’s second largest export market. With Vietnamese goods currently only account about 2% of the EU’s imports, the room to increase exports to this market remains large with the presence of EU – Vietnam […]
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