Ho Chi Minh City

The Rich List: Number of Vietnam’s Ultra-High Net Worth Individuals to Increase

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In its 2014 Wealth Report, real estate consultancy Knight Frank has found that, over the next decade, Vietnam will have the fastest growing amount of ultra-high net worth individuals in the world.

Japanese Investment into Ho Chi Minh City on the Rise

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Ho Chi Minh City (HCMC) has been seeing a large increase in foreign direct investment (FDI) in 2014. In the first two months of this year, the city has seen a dramatic increase of 226.1 percent in the FDI that has flowed into the economic center of the country.

Ho Chi Minh City Sees Economy Improve

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Vietnam’s economic center, Ho Chi Minh City (HCMC), is currently seeing a strong period of economic growth. A variety of business sectors are seeing robust growth numbers compared to the previous time last year.

Vietnam’s Retail Sector is a Clear Buy

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By Edward Barbour-Lacey HCMC – One of the most exciting industry sectors in Vietnam continues to be retail.  There are numerous reasons why this industry is particularly attractive to both domestic and foreign businesses.  Among its positive attributes, the country has a well-developed economy that continues to improve, a high population (90+ million) and ever […]

City Spotlight: Ho Chi Minh City

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Aug. 19 – Ho Chi Minh City (HCMC, known as Saigon until 1976) is much younger than Hanoi, with many historians dating the city at just over 300 years old. A prosperous and densely-populated trade hub, the city is today considered the commercial and economic center of Vietnam. HCMC is actually a municipality (on the […]

Regional Spotlight: Vietnam’s Southeast (Ho Chi Minh City)

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Jul. 18 – Home to Ho Chi Minh City (HCMC), Vietnam’s largest city, the Southeast region has long been a focus of the country’s foreign investment inflows thanks to its impressive growth fueled by a massive energy sector and a thriving manufacturing sector. HCMC is also Vietnam’s commercial center, and accounts for a large share […]

Vietnam Boosts Infrastructure Projects

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Jun. 21 – This week, the Ho Chi Minh City (HCMC) Infrastructure Investment Joint-Stock Company (CII) announced that it will issue VND1 trillion worth of bonds to be used as funds for infrastructure projects in the city – specifically for the upcoming Saigon 2 Bridge project. The Saigon 2 Bridge project is estimated to cost […]

Construction Continues on Vietnam’s Thu Thiem New Urban Area

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May 16 – Construction began last month on four main roads in the Thu Thiem New Urban Area, a development located near the heart of Ho Chi Minh City (HCMC). Construction of the Thu Thiem New Urban Area has been steady, with 99 percent of the seven square kilometer area already cleared, with the adjacent […]

FDI on the Rise in Vietnam

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Apr. 26 – During the first four months of 2013, Vietnam attracted newly registered and additional foreign direct investment (FDI) capital worth over US$8 billion. The capital was injected into projects throughout 18 different sectors, with the processing and manufacturing industries topping the list, followed by the property, wholesale and retail sectors. Of this, US$4.9 billion of […]

Upcoming Vietnam Trade Fairs and Exhibitions

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Oct. 30 – The coming month in Vietnam will bring in a fresh set of trade fairs, shows, expos, and exhibitions to try and satiate the growing demand for new business in the country. A sampling of November’s key events can be found below. Vietnam International Shop and Franchise Show 2012 When: November 1-3, 2012 […]

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