The World Bank Group (WBG) last week announced its new Country Partnership Framework (CPF) with Vietnam for the 2017-2022 period. Under the CPF, the proposed WBG framework for engagement in Vietnam for the financial years 2018-2022 is organised around three focus areas, including enabling inclusive growth and private sector participation, investment in people and knowledge, […]
Vietnam Can Benefit More From Global Value Chains: WB Report Higher value added activities and boosting linkages between domestic firms with foreign markets and investors can help Vietnam move up global value chains, says two new World Bank Group reports. Launched at a conference jointly organized by Vietnam’s Ministry of Industry and Trade and the […]
Ho Chi Minh City Receives $3 Billion In Remittance Overseas remittances flowing into Ho Chi Minh City touched US$3 billion in the first eight months of 2017, a 5 per cent increase compared to the same period last year. Sharing the data, the State Bank of Việt Nam’s Ho Chi Minh City branch said that […]
Foreign Investment On The Rise In Viet Nam The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016. The reports from the Foreign Investment Agency showed that foreign investors had registered to invest US$23.36 billion into Viet […]
Vietnam Ranked #1 Global Outsourcing Destination by C&W According to the 2015 Cushman & Wakefield global comprehensive report, Vietnam is now the world’s premier destination for business process outsourcing (BPO). The announcement, which came in late March, completes a stunning rise to the top for one of Asia’s most dynamic young economies. Cushman & Wakefield […]
Viet Nam Industrial parks total 325 End-June figure includes 220 operational parks and 105 currently under construction. Vietnam had 325 industrial parks on a total area of 94,900 ha as at the end of June, according to a report from the Department for Economic Zones Management (DEZM) under the Ministry of Planning and Investment (MPI). […]
Vietnam in 2017: Spotting Opportunities for FDI 2016 has been a successful year for Vietnam, continuing its emergence as both a leading ASEAN economy and a global player. Falling commodity and energy prices and severe water shortages early in the year caused Vietnam’s failure to reach its goal of 6.7 percent GDP growth, but with […]
Ho Chi Minh City to focus on four key industries HCM City’s Department of Industry and Trade (DoIT) will focus on improving the strength and efficiency of four key industries under the city’s stimulus package until the end of this year, said Nguyễn Phương Đông, DoIT’s deputy director last week. The four key industrial sectors […]
