The Hanoitimes – With reforms to further facilitate foreign investment now underway and with the ratification of the CPTPP, inbound investment in particular is expected to accelerate through 2019-2021. Merger and acquisition (M&A) value in Vietnam is forecast to reach US$4.1 billion in 2019, given the government’s reforms to further facilitate foreign investment and the ratification […]
Read MoreThe Hanoitimes – South Korea is the second largest source of foreign direct investment in Vietnam in the first 11 months of 2018. A growing number of South Korea’s leading corporations are making ways to tap into Vietnam’s finance and banking sector via capital contribution, share purchase, among other ways to compete with local credit institutions. […]
Read MoreThe Hanoitimes – Japanese investors are now aiming to pour US$9-10 billion into Vietnam over the next few years, mostly into infrastructure development and real estate. The State Bank of Vietnam (SBV)’s tightened credit policy will push more domestic real estate developers to join hands with foreign investors to have alternative funding, experts said. Banking credit […]
Read MoreThe Hanoitimes – Vietnam’s economy still has huge potential for development and could maintain the growth momentum in the next two years. The Vietnamese economy is expected to enlarge by around 6.9%-7% in 2019 and the inflation rate to remain below 4%. To achieve these targets, manufacturing/processing and services must grow at a higher rate than […]
Read MoreThe Hanoitimes – The move is aimed to meet customer demands for transportation in new provinces/cities and improve the service quality of the transportation sector in overall, Tuoi Tre newspaper reported. Vietnam’s Ministry of Transport (MoT) has encouraged ride-hailing firm Grab to expand its taxi service network to provinces of Kon Tum, Dak Lak, Binh Dinh […]
Read MoreThe Hanoitimes – It is expected that the revenue collection in 2019 would face more challenges, especially when new free trade agreements come into force in early 2019. Vietnam’s custom revenue as of December 18 reached over VND300 trillion (US$12.86 billion) for the first time, up VND17 trillion (US$728.87 million) year-on-year and exceeded the target for […]
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