Vietnam remains attractive for investment in 2019: insider
Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.
The motorcycle assembly factory of Honda Vietnam in Vinh Phuc province (Photo: VNA)
Hanoi (VNA) – Vietnam will remain an attractive investmentdestination in 2019, though impacts of the US-China trade tension thattriggered a downturn in global stock markets in 2018 will not end soon, saidManaging Director and Chief Investment Officer of VinaCapital Andy Ho.
He said Vietnam’s stock market will beencouraged by a slight earning per share growth rate of 10 – 12 percent in2019. However, this rate is still lower than in previous years, so the marketis unlikely to grow strongly this year.
He forecast a bright prospect for the country’seconomy in 2019 with positive foreign direct investment (FDI) inflow asmanufacturers will come to Vietnam to supply products to mobile phone producerSamsung or car maker Vinfast and avoid the trade war’s impact.
The economy is likely to gain a trade surplus asexports are predicted to increase more sharply than imports. Meanwhile, theVietnamese dong will stay stable as the central bank has abundant forexreserves and US dollar supply and demand is not too tense thanks to trade andfiscal surplus, Ho said.
FDI capital continued to flow into the countryin 2018, helping keep the Vietnamese currency stable and stimulate domesticconsumption, he said, adding that data of the State Bank of Vietnam showed inthe first quarter of 2018, foreign investors poured nearly 650 million USD ofindirect investment through purchasing shares of or contributing capital tolocal businesses, rising fivefold year on year.
The VinaCapital director said Vietnam willcontinue to attract FDI in 2019 thanks to competitive labour costs, improvedlabour quality and the proximity to supply chains of regional manufacturers.
Notably, the US-China trade tension is also considered astimulus for the redirection of the FDI inflow from China and some othermarkets to Vietnam, he added.-VNA
The northern province of Quang Ninh always creates favourable conditions for enterprises from the Republic of Korea (RoK) to land investments in the locality.
To reach the targets for economic growth for the 2016 – 20 period, the southern province of Binh Duong will focus on eight major works this year to encourage new investment.
Prime Minister Nguyen Xuan Phuc chaired a dialogue with executives of nearly 40 multinational groups in Davos, Switzerland, on January 23 (local time), an activity within the framework of the ongoing World Economic Forum (WEF) Annual Meeting 2019.
More and more Italian firms are intending to move their investment to Vietnam, aiming to turn the country into a gateway for them to enter other Southeast Asian nations, said an expert from the Italian Chamber of Commerce in Vietnam (Icham).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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.