German newspaper spotlights Vietnam’s potential for foreign investment
Boerse-online.de – a German securities news site, on January 30 ran an article highlighting the great potential of the Vietnamese market for foreign investment, saying that it is the time for investors to look to the Southeast Asian market.
German newspaper spotlights Vietnam’s potential for foreign investment (Photo: VNA)
Berlin (VNA) – Boerse-online.de – a Germansecurities news site, on January 30 ran an article highlighting the great potentialof the Vietnamese market for foreign investment, saying that it is the time forinvestors to look to the Southeast Asian market.
The article emphasiSed that Vietnam's economy is growing strongly, while domesticand foreign investors are participating more strongly in this Southeast Asian market.
Despite the COVID-19 pandemic, the thrust for Vietnam'sstock market has yet been interrupted, it said.
According to the article, in 2020, Vietnam respondedquickly and consistently to the pandemic, improving the trust of domesticinvestors.
As a result, economic losses caused by COVID-19 in Vietnam is less severe thanin other countries, it stressed.
The World Bank (WB) forecasts that Vietnam's economy will grow by 6.8 percent in2021, while the Vietnamese Government aims to achieve an average annual growth at6 percent in subsequent years./.
Truong Hai Auto Joint Stock Company (Thaco), and French automotive manufacturer Peugeot recently announced their strategic cooperation in motorcycle manufacturing for domestic distribution and export.
Vietnam and India hold plenty of advantages and potential to boost cooperation and investment in pharmaceuticals and medical equipment, heard at a webinar co-held by the Vietnam Chamber of Commerce and Industry's Branch in Ho Chi Minh City (VCCI-HCM) and the Pharmaceuticals Export Promotion Council of India (Pharmexcil) on December 18.
Braving the pandemic, Vietnam and Canada have worked to promote bilateral relations over the course of the last year, Vietnamese Ambassador to Canada Pham Cao Phong has affirmed.
Foreign investors had poured 28.53 billion USD into the Vietnamese market as of December 20, equivalent to 75 percent of the amount in the same period last year, according to the Ministry of Planning and Investment.
Multinationals are looking to set up their bases in Vietnam despite various challenges that the country poses as a manufacturing destination, according to the Financial Times in the UK.
Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted the great success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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.