VN LOOKS TO REMAIN A STRONG COMPETITOR FOR GLOBAL FDI
Data from the United Nations Conference on Trade and Development (UNCTAD), according to Rồng Việt Securities Company (VDSC), showed global FDI in 2023 increased by 3 per cent compared to the year before, reaching over US$1.365 trillion, mainly attributed to a significant increase in European Union countries.
DIGITAL TRANSFORMATION IN HEALTH CARE - IRREVERSIBLE TREND
Associate Professor, Dr. Phan Le Thu Hang, Deputy Director of the Department of Financial Planning, held that the Fourth Industrial Revolution and smart medical solutions will help Vietnam concertedly improve its health coverage, service quality, and medical costs, dubbed the three vertices of a triangle, which remains a hard nut to crack for every health system.
US CONSIDERS UPGRADING VIETNAM’S ECONOMY STATUS
“Vietnam is the US’ eighth largest trading partner and our largest trading partner in ASEAN, we are Vietnam’s second largest trading partner. And we are also Vietnam’s number one export market. You know, we firmly believe in the importance of Vietnam in terms of global supply chains,” Ambassador Knapper said.
HA NOI ABSORBS ALMOST US$870 MILLION IN FDI LAST MONTH
An estimated US$866.8 million in foreign direct investment (FDI) was channeled into Ha Noi in January, the municipal Statistics Office reported. An estimated US$866.8 million in foreign direct investment (FDI) was channeled into Ha Noi in January.
TRADE SURPLUS TOUCHES US$4.1 BILLION BY MID-FEBRUARY
As of February 15, Viet Nam's total trade with the rest of the world hit US$84.74 billion, of which export value stood at US$ 44.42 billion. As such, the Southeast Asian country ran a trade surplus of US$4.1 billion in the reviewed period, according to the General Department of Viet Nam Customs.
EXPERTS UPBEAT ABOUT REAL ESTATE PROSPECTS
About 85 per cent of the rapidly growing companies in Vietnam are committed to the environmental, social, and corporate governance (ESG) standard, creating an increase in demand for green-standard office space in the market. By 2026, Ho Chi Minh City is expected to provide 300,000 more square meters of new Grade A office space, such as The Nexus project or VP Bank Saigon Tower. Moreover, over 80% of the future Grade A and Grade B office supply in the southern economic hub will meet green standards.
AS BUSINESS CONDITIONS REFORM SLOWS, BUSINESSES FACE MORE RISKS
Business environment reform is tending to slow down, some fields are even creating additional barriers, causing more difficulties and increasing compliance costs for people and businesses, exposing businesses to more risks, according to the former Director of the Central Institute for Economic Management Nguyễn Đình Cung.
NEW RESOLUTION OPENS OPPORTUNITIES FOR LOGISTICS SECTOR
After a prolonged wait, the government issued Resolution No.98/2023/QH15, a sweeping initiative to steer Vietnam back towards prosperity. However, the pressing question lingers: will this ambitious vision result in tangible changes for the average Vietnamese citizen? The path forward remains laden with uncertainties.
