Intel has invested $1.5 billion into Vietnam so far, including the last announced investment of $475 million in January 2021.
Vietnam won't be able to reach its 2030 goal for offshore wind power because of the many regulatory hurdles that would need to be passed, according to foreign investors.
The opportunity for Vietnam to attract ESG capital is very large as many foreign financial institutions and institutional investors are also increasing their investment for ESG-related assets.
Viet Nam, along with Poland, Mexico, Morocco and Indonesia are five economic “connectors” in a fragmenting world, noted Bloomberg in an article.
- Ministries, SBV requested to boost corporate bond, real estate markets 1
- Carbon market development key to green transition 2
- Vietnam targets $44 billion in textile, apparel exports in 2024 3
- Vietnam set to raise effective tax rate on multinationals as part of global deal 4
- The dark side of labor export 5
- HCM City eyes 6 million foreign arrivals in 2024 6
Vietnam is now a thriving regional hub with ample scope for further rapid development, assessed an article recently published on the UK news site of financial analysis moneyweek.com.
The 2024 Asia-Pacific Human Development Report paints a picture of long-term progress, foreseeing a turbulent development landscape and urgently calling for new directions to boost human development.
Computers, electronic products, and components were Vietnam's top hard currency earner in the first 10 months of this year, with an export turnover of $47 billion.
The United States Department of Treasury has continued to exclude Vietnam from its current semi-annual report on the macroeconomic and foreign exchange policies of the United States' key trading partners.
According to the Ministry of Industry and Trade, the two-way trade turnover between Vietnam and China is expected to surpass $140 billion in the first ten months of 2023.
Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.
HCM City is carrying out a survey of more than 15,000 firms, cooperatives, and business households as part of its 2023 Department and District Competitiveness Index (DDCI).
The oil and gas sector in Vietnam now has a lot of international cooperation options thanks to the prime minister's recent trip to Saudi Arabia for the ASEAN-GCC Summit.
Chinese solar panel maker Trina Solar is planning to invest an additional $420 million in Vietnam's northern province of Thai Nguyen, raising its total investment in the country to nearly $900 million.
It is forecast that the mechanical industry will continue to face difficulties, including reduced market demand due to lower consumption in the unstable international political situation.
Viet Nam started the fourth quarter on a positive note, with exports continuing to stage a gradual turnaround, highlighted HSBC in its report Viet Nam at a glance released on November 1.
Vietnam ran a surplus of 9.3 billion USD in agro-forestry-fishery trade during January – October, up 26.2% from the same time last year.