Hanoi (VNA) - European business confidencein Vietnam’s investment environment continued to rise at the start of 2022, accordingto the website Fibre2Fashion.com.
The website cited the business climate index (BCI)from the European Chamber of Commerce in Vietnam (EuroCham) conducted by YouGovas showing that for the first quarter of 2022, the index climbed to 73 points,once again reaching its highest point after the fourth wave of the pandemic.
This is a 12-point increase compared to the fourthquarter of 2021, in addition to nearly 58 points of growth compared to thethird quarter, with business leaders now more upbeat after the relaxation ofVietnam’s pandemic-related restrictions and the continued acceleration of itseconomic development, EuroCham Vietnam said in a press release.
European business leaders are generally showingincreasingly improving attitudes towards the prospective growth of Vietnam’seconomy as well. More than two-thirds of respondents now believe that theVietnamese economy is more likely to stabilise and improve in the second quarterof 2022, compared to 58 percent who held this view in the fourth quarter of2021.
European business stakeholders also indicatedambitious second quarter projections for their companies, especially whencompared to projections made for the first quarter. Nearly 66 per cent ofrespondents are expecting increased revenue for the second quarter of the year,compared to 52 percent three months earlier.
Likewise, more than 46 percent of respondents areforecasting headcount increases for next quarter.
The BCI is a regular barometer of European businessleaders and investors. This research was first conducted in 2013 and has beencarried out by YouGov since 2020./.
Vietnam posted 18.3 percentage points in the Business Climate Index (BCI) in the third quarter of 2021 that was recently announced by the European Chamber of Commerce in Vietnam (EuroCham), a slight rise over the record low of 15 percentage points recorded in the most difficult time of the fourth wave of COVID-19 infections in September.
European companies ended 2021 more positive and optimistic about Vietnam’s trade and investment environment, according to the Business Climate Index (BCI) announced by the European Chamber of Commerce in Vietnam (EuroCham) on January 27.
European companies ended 2021 more positive and optimistic about Vietnam’s trade and investment environment, according to the Business Climate Index (BCI) announced by the European Chamber of Commerce in Vietnam (EuroCham) on January 27.
European firms' confidence in Vietnam has reached the highest level since the fourth COVID-19 outbreak in April last year, according to EuroCham's latest Business Climate Index (BCI) report.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Illustrative image (Photo: VNA) 
