Speaking about the investment in Tam Tri Medical Joint Stock Company, VinaCapital’s managing director and chief investment officer, Andy Ho, said Vietnamese spend an estimated $2 billion a year for medical treatment overseas, which is a good reason for investing to develop the quality of healthcare services in the country. … [Read more...] about VN healthcare market, a big draw for investors, foreign and local
Foreign investment
US attracts most Vietnamese investment in three months
Hanoi (VNA) – Vietnam invested 49.3 million USD abroad in the first three months of 2020, with the US being the biggest recipient. During the period, the country secured investment certificates for 27 projects worth 22.9 million USD, while six others were permitted to add 26.4 million USD. Accommodation and food services attracted 14.7 million USD, accounting for 29.9 percent of the total investment by Vietnamese firms. They were followed by scientific and technological activities (12 million USD, 24.4 percent) and processing – manufacturing (9 million USD, 18.3 percent). The US was the top recipient of Vietnamese capital in the first quarter with 20.1 million USD, or 40.8 percent of the total. Singapore ranked second with 12.8 million USD, accounting for 26 percent, and Cambodia stood third with 9.5 million USD, making up 19.3 percent. Meanwhile, Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD between January and March, up nearly 45 … [Read more...] about US attracts most Vietnamese investment in three months
VN records $2.8b trade surplus in Q1 despite pandemic
The GSO predicted that once the EU-Viet Nam Free Trade Agreement (EVFTA) comes into effect, Viet Nam’s exports to the EU will surge by over 20 per cent this year and the growth will be on the rise in the following years. Seafood products are expected to benefit most from the deal. … [Read more...] about VN records $2.8b trade surplus in Q1 despite pandemic
Binh Thuan Province: Industry promotion boosts production, business efficiency
The Binh Thuan Department of Industry and Trade plans to facilitate trade and industry promotion and allocate funds for production facilities, especially those making typical rural products, to acquire new machines and equipment. Promotion programs will continue to focus on disseminating information about trade and industrial production activities and products of local facilities to domestic and foreign markets via the mass media, aiming to promote internal strength, improve designs and packaging, increase incomes and create jobs. … [Read more...] about Binh Thuan Province: Industry promotion boosts production, business efficiency
Social enterprises on the rise in Việt Nam’s start-up culture
“Against all odds, the development of social entrepreneurship is critical to implementing the Sustainable Development Goals. We believe that if all existing barriers are removed and more favourable conditions are created, social enterprises can make fundamental changes in Việt Nam in the coming years,” said Oanh. — VNS … [Read more...] about Social enterprises on the rise in Việt Nam’s start-up culture
