Foreign investors laud Vietnam’s infrastructure development plan: Barron’s
The US-based newswire barrons.com has published an article annalysing positive impacts on Vietnam’s financial market of an infratructure development plan issued at the 13th National Congress of Communist Party of Vietnam.
Hanoi (VNA) – The US-based newswire barrons.com has published an article analysing positive impacts on Vietnam’s financialmarket of an infrastructure development plan issued at the 13th National Congress of Communist Party of Vietnam.
The article saidthe leaders of the Communist Party of Vietnam (CPV) earmarking 119 billion USD for infrastructure and committing to increasing the privatesector’s contribution to the gross domestic product from 42 percent to 55 percent by 2025 haveattracted foreign investors and resulted in upbeat signals in the finnancialmarket.
It cited anexample of the VanEck Vectors Vietnam exchange-traded fund, saying it is up 9 percent since the Congress wrapped on February 2. In addition, Dragon’s UnitedKingdom–listed Vietnam Enterprise Investments fund has gained 17 percent this year.
Pouring cash into improvements should enable the governmentto achieve its 6.5 percent to7 percent annual growthtargets while boosting profits for appropriately positioned companies, said Bill Stoops, chief investmentofficer at Dragon Capital in Ho Chi Minh City, as quoted by the article.
On the country’sproperty potential, Nick Niziolek, head of global strategies at CalamosInvestments, was quoted assaying that “New household formation in Vietnam is running at 80,000to 90,000 a year, and supply at 60,000 to 70,000.” “That’s an excitinglong-term opportunity,” he added.
Regarding commercialand digital infrastructure, itquoted Sean Fieler, chief investment officer at Equinox Partners as saying that “Vietnamese engineerscost less than in India, and thousands of them are learning Japanese.” According to him, FPT Vietnam, a diversified IT provider with aburgeoning outsourcing business in Japan, saw its shares jumping by a thirdthis year and can run further.
With all the country’s positives, US investors might havereason to edge back into Vietnam anyway, the article concluded./.
More than 80 state-owned and private enterprises from Vietnam and the US discussed cooperative opportunities at a recent virtual conference as both sides are making preparations for the launch of direct flights between the two countries.
Ho Chi Minh City is focusing on developing its infrastructure system serving e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.
Digital transformation has become a critical need for technical infrastructure enterprises to survive in the fourth industrial revolution, especially amid the COVID-19 pandemic, speakers said at a recent seminar in Ho Chi Minh City.
Vietnam’s traffic infrastructure is expected to meet demand for the annual transportation of 4.4 billion tonnes of freight and 10.46 billion passengers by 2030, heard a recent meeting of the Ministry of Transport.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Illustrative photo (Source: AFP/VNA) 
