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Laos, Vietnam vow to increase bilateral trade

Laos and Vietnam have agreed to work together to increase the volume of trade between the two neighbours, a senior government official has said. The agreement was reached at a meeting held in Vientiane last week between Laos’ Ministry of Industry and Commerce and Vietnam’s Ministry of Industry and Trade. The two sides agreed to […]

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Vietnam’s 2017 FDI inflow rises 10.8%

HANOI: Vietnam received an estimated $17.5 billion (573 million baht) in foreign direct investment (FDI) in 2017, up 10.8% from the previous year, the government’s ministry of planning and investment said. This was in line with the government’s expectation in November. FDI pledges for new projects, increased capital and stake acquisitions jumped 44.4% from a […]

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Vietnam: MA in real estate sector to increase in 2018

HANOI – Merger and acquisition (M&A) deals in Vietnam’s real estate sector are forecast to increase in 2018, driven by the market’s significant potential, experts said. Dang Xuan Minh, general director of AVM Vietnam & Vietnam M&A Forum, said the domestic property market was embarking on a second wave of M&A, after 2015, which would […]

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Vietnam: Shoe industry gears up to go hi-tech

HANOI — A dramatic change in market trends and the “fourth” industrial revolution are forcing Vietnamese enterprises to gradually apply new technologies to production. Using the technology, businesses can increase their value. Many Vietnamese companies have started to invest in machines with modern technology to automate many production stages to increase productivity, improve quality and […]

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FDI in Vietnam rose 44% to hit new record in 2017

HANOI – Vietnam has remained an attractive destination for foreign investors in 2017 with total FDI capital registered in the country hitting a record high of US$35.88 billion, up 44.4 per cent against last year. Reports from the Foreign Investment Agency under the Ministry of Planning and Investment showed that of the sum, $21.27 billion […]

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