US President Donald Trump and Vietnamese Prime Minister Nguyen Xuan Phuc 25 years after normalising economic relations, Vietnam-US investment ties have proved pragmatic and effective. Looking at the journey, what have been the highlights of these bilateral ties? Vu Dai Thang, Deputy Minister of Planning and Investment The comprehensive partnership between the United States and Vietnam has seen remarkable progress over the past few years with important achievements obtained in all fields. With the view that the two economies can supplement each other, Vietnam wants to promote free and fair economic trade and investment ties with the US on the basis of mutual benefits. To date, the US has invested in 949 projects in Vietnam with total registered capital of $9.19 billion, ranking 11th among the 132 countries and territories with investment in the country. The numbers, however, are yet to reflect adequately US investment inflows … [Read more...] about Placing Vietnam at the centre of US attraction
What attracts foreign investment class 10
The Hanoitimes - With strong investment in acquiring retail businesses, this market is forecast to be more and more competitive, and the game seems to be only for big players. Vietnam retail industry is considered to be continued attracting domestic and foreign investors. Vietnam’s retail industry is expected to see fiercer competition as more domestic and foreign players seek to increase their foothold in the nearly-100-million market. Illustrative photo According to the General Statistical Office, wholesale and retail in Vietnam accounts for more than 14% of the country's GDP. Retail is among the six industries attracting the largest foreign investment. Vietnam is also assessed by Nielsen as a potential retail market. BMI estimated that by 2017, Vietnam's market value of goods consumption was about US$120 billion, annual growth rate was nearly 10% in the period of 2012 - 2017. The country’s economy is one of the fastest developing commodity markets among the … [Read more...] about What 2019 will hold to Vietnam’s retail landscape?
Illustration by Trịnh LậpViet Nam News by Nguyễn Mỹ Hà In this digital age of the internet and social media, you can grasp what’s on trend and what’s hot at the touch of a button: how many views and comments does a Facebook post get, how many likes and shares does it attract. Amid the football frenzy that captured Việt Nam last Saturday, I had a question no one was able to answer solidly: How many people actually went out onto the street to celebrate the AFF Suzuki Cup victory of the Việt Nam team? Counting the crowd could be classed as a basic skill required for a reporter. Novice reporters may get the first assignments reporting on a fire, a traffic accident, a large street demonstration or a concert. The first tools one can use is to count with your own eyes, which is good if the event has less than a hundred people gathering in one place. Relying on information provided by organisers can be tricky, because, according to … [Read more...] about Counting on football and foreign policy
Vietnam’s Macroeconomic Policies-Third Quarter 2018 under scrutiny HCM City Securities Corp tops derivatives market share HCM City Securities Corporation (HSC) had the biggest market share on the derivatives market in the third quarter of 2018, according to the Ha Noi Stock Exchange. Of the 11 securities companies that are allowed to operate in the derivatives market, HSC held a 25.35 per cent market share. HSC was followed by VNDirect Securities JSC (23.98 per cent), MB Securities JSC (15.88 per cent) and Saigon Securities Inc (15.40 per cent). Other securities firms with less than 10 per cent market share included VPBank Securities JSC (9.87 per cent), BIDV Securities JSC (4.65 per cent) and Viet Capital Securities Co (2.84 per cent). The three new securities companies whose operation on the derivatives market had been accepted earlier by the HNX were Viet Dragon Securities JSC, KIS Vietnam Securities Co and Vietcombank Securities Co Ltd. Those three … [Read more...] about BUSINESS NEWS IN BRIEF 16/10
As education is a top priority in terms of attracting foreign investment, Vietnam is making great progress with its education policies to meet the expectations of foreign investors, helping the sector to become more attractive. Revisions to the rules on foreign investment in education will allow more foreign players into this expanding market In response to recommendations made by foreign investors, the Ministry of Education and Training (MoET) is revising several regulations on foreign investment and co-operation projects in the education and vocational training sector. Pham Chi Cuong, deputy head of the ministry’s International Co-operation Department, told VIR that “The revision is focusing on the limitation on the percentage of Vietnamese students, licensing-related issues, and the legal framework to extend the operation terms of educational institutions.” This move demonstrates the MoET’s determination to improve the business climate in … [Read more...] about FDI lifts education to global standards