Viet Nam’s overseas investments total nearly US$829 million
30/12/2021 14:10VGP – Viet Nam’s overseas investments in 2021 totaled US$828.7 million, down 1.6 times from the previous year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Samsung to invest additional US$850 mln in Vietnamese subsidiary
VGP - Electronics giant Samsung of the Republic of Korea’s recent board meeting has approved the spending of some US$850 million for its unit in Viet Nam to manufacture flip-chip ball grid arrays (FC-BGA), according to KBS News.
Viet Nam’s Internet economy to become second largest in Southeast Asia by 2030
Business news 11/11/2021 16:55VGP – Viet Nam’s digital economy is projected to hit US$$220 billion in gross merchandise value (GMV) by 2030, placing the country second only to Indonesia in the Southeast Asian region.
Viet Nam becomes biggest importer of Cambodia’s farm products
Business news 19/10/2021 21:17VGP – Viet Nam was the biggest importer of Cambodia’s agricultural products over the first nine months of 2021, making up 64.11 percent of Cambodia’s total farm export value, said Cambodian Minister of Agriculture, Forestry and Fisheries Veng Sakhon.
Viet Nam-EU trade posts double-digit growth despite COVID-19
Business news 14/10/2021 15:17VGP – The bilateral trade between Viet Nam and the EU reached US$54.6 billion over the first eight months of 2021, up 11.9 percent against the same period last year, according to the Government’s report on one-year implementation of the EU-Viet Nam Free Trade Agreement (EVFTA).
Standard Chartered lowers Viet Nam’s growth forecast to 2.7 percent
Business news 06/10/2021 16:07VGP - Standard Chartered Bank has revised down its GDP growth forecasts for Viet Nam to 2.7 percent from 4.7 percent for 2021, but remains bullish on its economic prospects over the medium and long term.
Exports to Indonesia soar 44.2% despite COVID-19 outbreaks
Business news 05/10/2021 22:45VGP – Viet Nam gained US$2.51 billion from exporting to Indonesia over the first eight months of 2021, a year-on-year increase of 44.2 percent, according to the General Department of Customs.
Outbound investments soar in Jan-Sept period
Business news 28/09/2021 12:58VGP – Vietnamese businesses invested US$572.3 million overseas in the first nine months, a year-on-year increase of 32.4 percent, according to the Ministry of Planning and Investment.
Viet Nam enjoys trade surplus with CPTPP markets
Business news 21/09/2021 13:11VGP – Trade between Viet Nam and 10 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was estimated at US$52 billion in the first seven months of 2021.
HSBC: Two scenarios for Viet Nam’s economy in 2021
Business news 14/09/2021 10:19VGP – Viet Nam’s economic outlook by year end very much depends on the effectiveness of the vaccine rollout together with the effective and timely re-opening of the economy, said Tim Evans, CEO of HSBC Viet Nam on September 13.
The Economist upbeats about Viet Nam’s economic prospect
Business news 01/09/2021 16:53VGP – Integration with global manufacturing has helped keep Viet Nam’s economy humming during the pandemic, according to an article published on news site The Economist on August 30.
Australian Financial Review: Viet Nam remains charming investment destination
Business news 30/08/2021 12:06VGP - Despite the devastating impact of COVID-19, Viet Nam will continue to be a favored destination for foreign investment, according to the Australian Financial Review.
Exports to EU increase by over 18% in first half
Business news 27/08/2021 20:43VGP – Viet Nam’s export turnover to 27 European Union member states witnessed a year-on-year increase of 18.3% in the first half of 2021.
IFC finances trade development in Viet Nam amid COVID-19
Business news 24/08/2021 13:14VGP - Close to 2,000 exporters and importers in Viet Nam have benefitted over the past fiscal year from trade financing from the International Finance Corporation (IFC) designed to help businesses withstand the impacts of COVID-19 and preserve jobs.
Four Vietnamese companies named in Forbes Asia 100 to Watch list
Business news 14/08/2021 21:43VGP – As many as four Vietnamese companies were named in the Forbes Asia 100 to Watch list.
Computer, electronic component exports may reach US$50 bln in 2021
Business news 09/08/2021 12:00VGP – Viet Nam’s export turnover of computers, electronic products and spare parts may reach US$ 50 billion in 2021, representing a year-on-year increase of 13.5% despite negative impacts of the COVID-19 pandemic, according to the Ministry of Industry and Trade.
Viet Nam overtakes Bangladesh to become second largest apparel exporter
Business news 03/08/2021 10:16VGP – Viet Nam has overtaken Bangladesh as the world’s second largest exporter of ready-made garments, according to the latest figures from the World Trade Statistical Review 2021 released by World Trade Organization (WTO).
Viet Nam ranks third in logistics performance index in ASEAN
Business news 31/07/2021 16:51VGP - Viet Nam ranks 39th among 160 countries and territories, and third in ASEAN in logistics performance index (LPI), said Deputy Minister of Industry and Trade Tran Quoc Khanh at a workshop on July 30.
EU-VN trade value soars amid global pandemic
Business news 31/07/2021 15:39VGP – The value of EU-Viet Nam trade reached US$27 billion in the first half of 2021, a year-on-year increase of more than 18 percent, which is regarded as a remarkable achievement in the current pandemic time.
Exports to ASEAN nations soar
Business news 27/07/2021 11:35VGP – Viet Nam gained US$13.9 billion from exporting to ASEAN nations in the first half of 2021, a year-on-year increase of 28.2 percent, according to the Ministry of Industry and Trade.
