SOC TRANG (Vietnam News/ANN): Soc Trang province's efforts to improve its business climate is paying off with more and more investors, both domestic and foreign, coming since 2016.
HO CHI MINH CITY (Vietnam News/ANN): The Saigon Hi-tech Park will create favourable conditions to attract investment in the tech and supporting industries this year, its head has said.
The Hong Kong-invested EVA Hải Phòng Precision Co. Ltd’s factory at the VSIP Hải Phòng Industrial Park. - VNA/VNS
HANOI (Vietnam News/ANN): Vietnam’s effective control over the Covid-19 pandemic along with it signing a host of new free trade agreements has resulted in many global tech giants shifting their investment to the country.
Foxconn, Luxshare, Pegatron, and many leading manufacturers of components and products for giants such as Apple, Sony, and Microsoft have recently invested in Bắc Giang Province and Hải Phòng City in Vietnam s north.
Analysts believe these big names could create a new wave of investment in the country.
12:20 PM MYT
A production line for plasterboard production at a factory of Knauf Hải Phòng Co Ltd, fully invested by Germany. European business leaders expect growth in both investment and trade brought about by the EVFTA. VNA/VNS
HO CHI MINH CITY (Vietnam News/ANN): The latest Business Climate Index (BCI) unveiled by the European Chamber of Commerce (EuroCham) in Vietnam on Wednesday (Feb 3) indicated that EU companies in Vietnam ended 2020 with an overall optimistic view about the country s business climate.
The BCI picked up six points in the fourth quarter of 2020 to reach 63.6 percentage points for the whole year, the highest since the outset of the Covid-19 pandemic.
HANOI (Vietnam News/ANN): The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent Covid-19 is administered worldwide.
SSI Securities Company expects the revenue of the seaport and logistics industry would expand by 10 per cent this year.
Despite being affected by the Covid-19 pandemic last year, the industry was fuelled by expectations about Vietnam s trade growth thanks to positive impacts of free trade agreements (FTAs) which were signed recently, including the European Union – Vietnam FTA (EVFTA) and the Regional Comprehensive Economic Partnership (RCEP) as well as expectations about an increase in investment inflow triggered by the global production shift out of China.