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VIETNAM ECONOMY INVESTMENT

DRAFT PROCEDURE FOR FOREIGNERS’ E-IDENTIFICATION REGISTRATION ANNOUNCED

The Ministry of Public Security has proposed a procedure for foreigners’ e-identification registration, which is expected to take effect alongside the identification law on July 1 this year.

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PROPERTY / INDUSTRIAL ZONE

RESORT REAL ESTATE MARKET SHOWS POSITIVE SIGNS

The resort real estate market is recording positive signs as demand, in both domestic and international tourist markets, is gradually recovering at a stable pace, thereby helping strengthen trust in the industry, according to Mauro Gasparotti, Director of Savills Hotels.

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VIETNAM ECONOMY INVESTMENT

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. 

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VIETNAM ECONOMY INVESTMENT

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.

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VIETNAM ECONOMY INVESTMENT

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.

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VIETNAM ECONOMY INVESTMENT

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.

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VIETNAM ECONOMY INVESTMENT

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.

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PROPERTY / INDUSTRIAL ZONE

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.


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