Samsung has identified Viet Nam as an important global production hub and wishes to maintain its position as the largest foreign investor in Viet Nam over the next 20-30 years.
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.
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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.
Although most businesses believe that the food and beverage industry market will improve in the remaining months of this yea.
Ho Chi Minh City’s financial sector has forecast that the southern economic hub’s budget revenue collection may face a shortfall of 4-5% this year as compared to the assigned estimate.
Vietnam saw over 15,400 newly-established enterprises with total registered capital of 125.8 trillion VND (5.1 billion USD) and a registered workforce of 131,600 in October.
Vietnam is the world's sixth-largest fibre exporter and the world's third-largest exporter of textiles and garments - just behind China and Bangladesh.
Ho Chi Minh City's economy continues to maintain positive growth momentum, driven by industrial production, domestic consumption, and stable supply and demand.
Vietnam aims to make coconuts a key export, with an annual revenue of 1 billion USD over the next five years.
Vietnam is currently a major producer of agricultural products, an achievement greatly attributable to science and technology, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam needs around $134.7 billion to develop power plants and grid projects by the end of this decade, the Ministry of Industry and Trade has estimated.
Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world, therefore, many foreign retailers have increased their investments.
Over 15.29 billion USD was channelled into 2,608 new foreign direct investment (FDI) projects as of October 20, respectively up 54% and 66.1% year on year, statistics showed.