Investment

The State Bank of Vietnam has issued Circular 03/2019/TT-NHNN to amend and supplement several provisions of Circular 32/2013/TT-NHNN on restricting the use of foreign currencies in the territory of Vietnam.Accordingly, Circular 03 supplements certain provisions regarding the cases that non-residents are allowed to use foreign ...

Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.In August 2018, credit rating agency Moody’s Investors ...

Vietnam’s cheap workers might not be the country’s stars for much longer: low wages helped to propel the communist nation to some of the fastest growth rates in the world, but analysts say it needs a new economic model now.Keep reading ...

Over the past 20 years Việt Nam has embraced trade and successfully integrated into key global value chains. Việt Nam’s gross exports have expanded at an average rate of 18 per cent over the past decade, when overall global trade expanded at just 3.5 per ...

Vietnam’s demand for highly-skilled workers will continue growing steadily in the wake of increasing foreign investment inflow, causing a severe shortage of highly-qualified human resources in the time to come, expert have warned.Keep reading ...

It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports.Keep reading ...

The Prime Minister has just signed Decision 135 / QD-TTg on the allocation of medium-term investment plans for the period 2016-2020 and 2019 central budget capital (Government bonds) for railway and road projects that are important and urgent. Keep reading   ...

As of 2017, about 9.8 GW of foreign invested thermal power plants and 3.4 GW of small hydro and other renewable energy (wind, solar power) are privately owned. domestic investment, corresponding to about 8.5 billion dollars from international investment in thermal power and about 3 ...

The total foreign direct investment (FDI) poured into Vietnam’s industrial parks and economic zones in 2018 reached more than US$8.3 billion, according to the Ministry of Planning and Investment. Of the figure, US$5.3 billion was invested in 560 new projects, while additional capital in nearly ...

The strategy to attract FDI from now to 2030 with new points is attracting special attention of investors.Keep reading ...