* Vo Tri Thanh is a senior economist at the Central Institute for Economic Management (CIEM) and a member of the National Financial and Monetary Policy Advisory Council. The holder of a doctorate in economics from the Australian National University, Thanh mainly undertakes research and provides consultation on issues related to macroeconomic policies, trade liberalisation and international economic integration. Other areas of interest include institutional reforms and financial systems. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Chicago based investment firms
In the first quarter of 2020, the company reported its net revenue was up 11 per cent on-year to VND303.7 billion and post-tax profit gained 14 per cent on-year to VND41 billion. — VNS … [Read more...] about South Korean firm buys 25 per cent of Imexpharm
In the context of the COVID-19 pandemic, Vietnam has been getting a lot of attention as it has managed to cage the outbreak with a sheer iron will, the article said. Vietnam is fast emerging as the preferred destination of multinational firms, it stressed, adding that the Southeast Asian nation is revving up its economic engine and has already restarted domestic tourism. The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in 2020, while the World Bank has pegged it at 4.9 percent - far greater than regional peers. “Vietnam finds itself in a sweet spot today. It has contained COVID-19, weathered most of the economic storm, and has the right ingredients to take full economic advantage of the post-pandemic scenario”, the article said. Foreign media also ran articles on the assessment of Vietnam’s success in containing the spread of the virus and working for its economic recovery. Axios.com said Vietnam was one of the first in the world … [Read more...] about Vietnam’s economy attractive to foreign investment: int’l media
Bac Ninh-based Dabaco Group has reported its highest-ever profit growth in the first quarter of VND348.7 billion (US$14.9 million), 17 times higher than the same period last year, on revenue of VND 2.38 trillion ($102.15 million), a year-on-year increase of 41 per cent. … [Read more...] about Pig breeding firms report surge in profit
The minister asked the Department of Information Technology to require centrally-controlled cities and provinces have a roadmap for upgrading IT infrastructure to catch a new wave of FDI investment, focusing on broadband telecommunications and 5G infrastructure. … [Read more...] about MIC asks Hà Nội to focus on 5G development, telecoms firms link up