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The Rich List: Number of Vietnam’s Ultra-High Net Worth Individuals to Increase
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.
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FDI Inflows Soar in Haiphong
In the first quarter of 2014, the northern port city of Haiphong attracted more than US$235 million in FDI. It had 400 FDI projects worth US$8 billion in total registered capital. The projects’ investment areas included support industries, housing construction, services, trade and automobile spare parts manufacturing.
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Hanoi GDP on the Rise in First Quarter of 2014
The Hanoi People's Committee has reported that in the first quarter of 2014, the city’s GDP increased by 6.6 percent year-on-year.
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Japanese Investment into Ho Chi Minh City on the Rise
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.
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Ho Chi Minh City Sees Economy Improve
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.
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Hanoi Makes a Strong Play for EU Business
During a meeting with members of the European business community, the Chairman of the Hanoi municipal People’s Committee, Nguyen The Thao, stated that “Hanoi is committed to creating an open and transparent investment environment for foreign businesses, especially from the European business community.”
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Vietnam’s Retail Sector is a Clear Buy
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 […]
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Vietnam’s Infrastructure: Hanoi
Nov. 25 – As a transport hub of the Red River Delta, Hanoi features a large network of waterways, railways and highways connecting the region. Infrastructure development has been a priority in the city, with the local government taking steps to ensure that the continued flow of goods and investment into the city can be […]
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City Spotlight: Hanoi
Lying on the right bank of the Red River in northern Vietnam, approximately 85 miles inland from the South China Sea, is the charming capital city of Hanoi. Despite the recent economic crisis, Hanoi remains one of the fastest growing cities in Vietnam, with its economy expanding 7.88 percent during the first 10 months of this year.
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City Spotlight: Ho Chi Minh City
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 […]