Other Briefings
Ho Chi Minh City and Hanoi Report Strengthening Economic Numbers
Vietnam’s capital Hanoi and its economic center Ho Chi Minh City have both reported positive economic numbers for the first four months of 2014. April has proven to be a particularly auspicious month for both cities.
Foreign Garment and Textile Manufacturers Weave Their Way to Success in Vietnam
Garment and textile manufacturers are finding Vietnam an increasingly attractive destination to set up their operations. This enthusiasm was on full display at the recent Saigon Tex garment and textiles annual expo held in Ho Chi Minh City.
Ho Chi Minh City Government Presents Clear Plan for Future Economic Growth
Ho Chi Minh City (HCMC), Vietnam’s economic heart, has recently announced a comprehensive plan for socio-economic development through 2020. This plan will ensure that the city, in the words of the HCMC People’s Committee, “will strive to become a multi-functioning economic, social and cultural center with [a] modern infrastructure system by 2020.”
Economic Uncertainty Prevails as Vietnam Prepares to Host the 2019 Asian Games
Hanoi’s successful bid for the 2019 Asian Games has created a heated discussion on the merits of the proposed organization plan and its economic benefits.
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.
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.
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.
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.
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.
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.”
