Other Briefings
TPP Perceptions in Vietnam: Insights from Indochina Research
In Partnership with Indochina Research, this edition of Vietnam Briefing discusses recent survey data on awareness and support levels for TPP among the Vietnamese population. Read more for detailed insights on the demographics and regional distribution of these figures.
Vietnam’s FDI Outlook for 2016: Trends and Opportunities
Vietnam’s rapid pace of integration into global commerce is likely to yield unparalleled opportunities and record foreign investment in the near to medium term. The following article outlines key findings from some of the first FDI data released by the Vietnamese Ministry of Planning and Investment
Future Merger of HCMC and Hanoi Stock Exchanges Likely as Vietnam’s Markets Mature
According to a plan released by Vietnam’s Ministry of Finance, the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) are likely to be merged at the end of this year. If completed, the new Vietnam Stock Exchange (VSE) will be headquartered in Hanoi, although it will also have a southern branch in HCMC.
Vietnam to Continue Building Logistics Expertise in Face of Growing Demand
Logistics are a key part of any business chain and, as Vietnam’s economy continues on its growth track, demand for logistics services has grown exponentially. Despite some problems, the country is working hard to keep up with the ever-growing logistical needs of businesses operating within the country.
Ho Chi Minh City’s Thu Thiem: A Global Urban Development Gem
Squawkonomics have developed new economic metrics that would better explain the economic phenomenon encountered in Vietnam, where land in desirable locations is still available.
Da Nang Looks set to be the Singapore of Vietnam
With its burgeoning technology and IT industries and its increasingly attractive business environment, Vietnam’s port of city of Da Nang is well on its way to accomplishing its goal of becoming the Singapore of Vietnam. Over the past five years, the city has undergone a building boom, spending US$4.5 billion on infrastructure projects. Additionally, for eight years in a row, the city has been top ranked in the Vietnam Provincial Competitiveness Index for the categories of good governance and business-friendly policies.
Hanoi Reduces Application Time for Business Registration Certificates
Vietnam’s capital, Hanoi, has implemented a plan to reduce the time needed to obtain a Business Registration Certificate to within three days of receiving the application, instead of the previous 10 days. Although this change will only initially apply to Vietnamese enterprises, the definition of Vietnamese enterprises was changed recently to allow them to have foreign ownership. Hanoi is the first city in the country to implement this program.
Tan Cang-Hiep Phuoc Seaport Set to Grow Trade in Southern Vietnam
The Tan Cang-Hiep Phuoc seaport, located alongside the Saigon Premier Container Terminal, commenced operations in December with the arrival of its first container ship, Saigon Bridge. Among its many benefits, the Tan Cang-Hiep Phuoc shipping lanes have shortened the waterway by nearly 30 km, saving two hours in transportation time and halving fuel costs. Tan Cang-Hiep Phuoc has been strategically located in order to facilitate the connection of the entire southern area of Vietnam. The port will speed up the circulation of goods, saving time and reducing the transportation costs of enterprises located in the area, particularly for those in nearby industrial parks, such as Long Hau Industrial Park.
Vietnam Seeks to Boost Foreign Direct Investment (FDI)
According to Vietnam’s Foreign Investment Agency, FDI approvals for the first 10 months of 2014 are 23.9 percent lower than the same period last year. However, capital disbursements by FDI enterprises have increased 5.9 percent year-on-year (YoY) to a total of US$10.15 billion.
Forbes to Honor the 50 Best Listed Vietnamese Companies
In a sign of Vietnam’s maturing market, Forbes Vietnam is preparing to honor Vietnam’s 50 best listed companies in a ceremony to be held on October 17 in Ho Chi Minh City (HCMC). The award seeks to recognize companies listed on the Vietnam Stock exchanges that have outstanding business and financial performance. Some of the recognizable names on the top 50 list include Vingroup, Vinasun, Vinamilk, and Vietcombank.
