Comprised of over 700,000 businesses of various sizes, the private economic sector last year ultimately made up approximately 42% of the country’s gross domestic product and employed up to 80% of the national labour force. Indeed, many private investors such as Sungroup, Vingroup, and BRG have been able to develop well-known brands in a market that is largely associated with large projects through utilising modern technology in both production and business. … [Read more...] about Vietnam strives to effectively attract private investment
Private investment banker
Gov’t to boost firms, private investment to accelerate post-pandemic growth
In the latest effort, the Government issued Resolution No 68/NQ-CP mid-May, setting targets for the 2021-25 period that at least 20 per cent of the number of regulations would be removed or simplified and at least 20 per cent of compliance costs firms incurred to adhere to Government regulations which were in effect as of May 31 would be reduced. … [Read more...] about Gov’t to boost firms, private investment to accelerate post-pandemic growth
State enterprises dominate Vietnam’s top 500 list
The database serving the ranking is sourced from the figures about total assets, turnover, profit, growth rate and number of labourers released by the General Statistics Office (GSO); Vietnam Report’s surveys; and prospectuses provided by enterprises. The organiser hopes to develop VNR500, into a symbol with national and international prestige. … [Read more...] about State enterprises dominate Vietnam’s top 500 list
FDI inflow to Viet Nam down 17% in Jan-May period
During the period, 1,212 new projects were licensed with a total registered capital of $7.44 billion, up 15 per cent in capital thanks to the liquefied natural gas (LNG) plant project worth $4 billion in the southern province of Bac Lieu, but down 11 per cent in the number of projects year-on-year. … [Read more...] about FDI inflow to Viet Nam down 17% in Jan-May period
FDI inflow to Việt Nam down 17% in Jan-May period
According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail. Therefore, localities should seize this opportunity to draw investment. … [Read more...] about FDI inflow to Việt Nam down 17% in Jan-May period
