Vietnam facilitates foreign firms’ investment activities: PM

Vietnam facilitates foreign firms’ investment activities: PM


Prime Minister Pham Minh Chinh chaired a hybrid meeting with foreign-invested enterprises and business associations on September 17, during which he pledged to create favourable conditions for FDI enterprises to invest successfully and sustainably in Vietnam.
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Foreign Direct Investment needs new approach

For the last many years, Vietnam has been in a quandary as to how to approach all Foreign Direct Investment (FDI) projects, and how best to take advantage of the opportunities they offer. 
HCMC’s economy growing far more strongly

HCMC’s economy growing far more strongly

From a deep decline in the third and fourth quarters of 2021, Ho Chi Minh City's economy in the first months of 2022 is making strong recovery steps. Gross Regional Domestic Product in the first quarter increased by 1.88 percent over the same period. Continuing the growth momentum, in April, the city recorded many bright spots, but there were still many challenges to face.
HCMC takes many measures to energize businesses

HCMC takes many measures to energize businesses

According to Mr. Dao Minh Chanh, Deputy Director of the Department of Planning and Investment of Ho Chi Minh City, the city has been implementing a series of solutions to remove obstacles and difficulties and energize businesses to rise.
FDI to Vietnam predicted to surge in 2022

FDI to Vietnam predicted to surge in 2022

Vietnam remains an attractive destination for Foreign Direct Investment (FDI), which is likely to experience a surge in 2022 after a long hiatus due to the pandemic, according to economic experts.
Rising gasoline prices spell trouble for logistics companies

Rising gasoline prices spell trouble for logistics companies

The sharp increase in gasoline prices is putting pressure on the logistics industry, forcing businesses to increase service prices; It is forecast that manufacturing enterprises will face many difficulties. When the price of fuel goes up, carriers are required to increase their prices or take some losses.
Banks show strong credit growth

Banks show strong credit growth

The stock market as well as the real estate market faced a worrisome issue in 2021. Credit increased strongly, in which retail credit was preferred by banks because the risk coefficient when calculating Capital Adequacy Ratio (CAR) according to Circular 41/2016/TT-NHNN was lower than that of large enterprises.  
Import, export both increase

Import, export both increase

Since the beginning of the new year, many enterprises have accelerated production to meet the delivery schedule. Along with that, units have been striving to connect with supply chains to increase the source of raw materials.