Vietnam Economy 2021: prospects and potential risks

Vietnam Economy 2021: prospects and potential risks, Vietnam Economy 2021

The IMF raised its forecast of global economic growth to 6%, showing a bright outlook for the world economy in 2021. That will certainly have a positive impact on Vietnam’s economy. It is also important to reiterate that this is the highest growth rate since the 1970s, mainly due to the unprecedented policies of countries…

VietNam’s legal sector has seen tremendous growth to meet the demand of foreign investors

VietNam's legal sector has seen tremendous growth to meet the demand of foreign investors, lawyer Pham Duy Khuong, ASL LAW

The Washington Times has launched a special report on FDI in Vietnam by an interview with Managing parter of ASL LAW, Lawyer Pham Duy Khuong. Vietnam’s impressive management of the Covid19 pandemic and the fact that the ASEAN region becomes an important part of the global economy, are drawing increasing interest from American investors for…

Vietnam: Building regulations to secure workers’ rights and interests

Vietnam: building-regulations-to-secure-workers-rights-and-interests-1

(Published on Vietnam Investment Review). With the rapid development of digital platforms in the era of Industry 4.0, many companies have been established such as Grab, Now, and GHN Express, which create convenience for customers and jobs for millions of people in Vietnam. And there have already been plenty of people making money working on…

The characteristics of FDI in Vietnam

The characteristics of FDI in Vietnam, Vietnam FDI, FDI in Vietnam

What is FDI? FDI is a form of capital transfer of one country through different methods into another country to conduct profitable business activities. There are two forms of foreign investment, direct and indirect. According to Vietnamese law, FDI includes the following factors: Capital contributors are foreign organizations and individuals or overseas Vietnamese. Investment capital…

Competition to attract FDI in Vietnam: Land rental is not a “heavyweight” factor

Land-rental

When the industrial land rents continue rising, there are still some investors making investment decisions in Vietnam. Land rental is not a problem Land rental is important, but it is only the factor that the tenant/project investor must pay fixedly once, or annually during the agreed leasing cycle. It is not the key factor for…

Identify development capital investment and investment efficiency in Vietnam

Identify development capital investment and investment efficiency in Vietnam, investment efficiency in Vietnam

Development capital investment in Vietnam is not only the physical factor that directly determines economic growth. Its huge role needs to be identified in many ways. Capital investment – a decisive factor for growth Investment capital is the physical factor that directly determines economic growth. Basically, in the periods where the overall social development investment…

The movement of large-scale electronics FDI projects in Vietnam

large-scale-electronics-FDI-projects-1

Multinational corporations in the electronics sector are making moves to increase investment in Vietnam, expand operations, towards making the factory in Ho Chi Minh City become the leading production base. Intel, Samsung expand investment in large-scale electronics FDI projects Mr. Vo Van Hoan, Vice Chairman of the People’s Committee of Ho Chi Minh City, informed…

Serviced apartments market in Hanoi – Vietnam waiting for the FDI inflows

Serviced-apartments-market-in-Hanoi-waiting-for-the-FDI-inflows

The supply of serviced apartments in Hanoi has surpassed the 5,000-unit mark, but the rental prospect is still limited, expecting a lot of FDI inflows and foreign experts to Vietnam. If the serviced apartment supplies sluggish in the last 4 years, from 4,000 units in 2016 to about 4,700 – 4,800 units in the years…

Vietnamese real estate businesses confidently launch many projects in 2021

Real estate businesses in Vietnam

Compared with the first outbreak in 2020, investors and real estate businesses will not be affected much by the new outbreak. Many businesses are ready with their basket of goods and business strategies in 2021. Real estate businesses confidently face difficulties Experiencing an eventful 2020 year, although many businesses have to narrow their scale and…

Vietnam will have 2,000 industrial enterprises to ensure the supply of multinational corporations

industrial enterprise

By 2030, Vietnam will have 2,000 enterprises capable of directly supplying assembly businesses and multinational corporations in the territory of Vietnam. Prime Minister Nguyen Xuan Phuc has just signed to promulgate Resolution 115/NQ-CP on solutions to promote the development of supporting industries with many new policies that are expected to create a big push for…

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