* 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?
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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
Great opportunities for real estate firms to call for foreign capital Akihiko Iwatani, chief representative of Haseko Corporation in Hanoi, believes that Vietnam is the most attractive market in ASEAN for Japanese investors in particular and foreign investors in general. … [Read more...] about State Audit of VN notes high pay for foreign specialists in ODA projects
Via this conference, the city will show its determination to take the lead in post-COVID-19 economic recovery and development. The event is also expected to help press on with administrative reforms, business climate improvement and introduction of the potential and investment opportunities in the city and other localities in the Hanoi Capital Region. … [Read more...] about Conference to help foster investment, development cooperation in Hanoi
Based on its current business operations and financial position and a possible V-shaped recovery in global markets in the second half of 2020, MSR targets net sales of VND8-9 trillion ($343.6-386.5 million) and net attributable profits of VND200 -500 billion ($8.58-$21.45 million), representing a minimum increase of 70 per cent in sales and a reduction of 57 per cent or increase of 42 per cent in profits. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5