Japanese daily Nihon Keizai ran an article on May 20 saying that the EU-Vietnam Free Trade Agreement (EVFTA), to be ratified by Vietnam’s legislature shortly, will benefit not only the two signatories but also businesses from other countries.
Da Nang is among 28 coastal cities and provinces with deep water ports that favour the growth of a maritime economy
The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.
M&A in hotels and resorts is expected to thrive as the social distancing orders have left devastating affects on low-end hotels and budget accommodations.
With the recent promulgation of Decree No.37/2020/ND-CP, the Vietnamese government offers a lifeline for small- and medium-sized enterprises as a necessary preparation to cope up with negative impacts of the coronavirus pandemic on the economy.
Despite foreign direct investment (FDI) shown signs of a slowdown as a result of the negative impact of the novel coronavirus (COVID-19), experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.
With initial success in containing the novel coronavirus (COVID-19) and an advantage as a safe investment destination, Vietnam is attracting a shift of foreign direct investment (FDI) inflows.
Vietnam's Covid-19 record could make it an attractive investment destination as economies seek to make their supply chains less dependent on China.
In the last two years, the Vietnam industrial property market has become upbeat with a surge in land and factory leasing inquiries from both existing and new players, and industrial developers are actively looking for investment opportunities.
Minister of Planning and Investment Nguyen Chi Dung advised the government to implement numerous solutions quickly to enable businesses to seize valuable opportunities for economic recovery and sustaining growth.