Vietnam’s two big cities lead region in dynamic growth: JLL


Vietnam’s two big cities lead region in dynamic growth: JLL

Ho Chi Minh City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle. The results show a continuing shift in global influence from west to east, with Indian,…

Vietnam lures US$5.3 billion in FDI in January


Vietnam lures US$5.3 billion in FDI in January

Foreign direct investment (FDI) in Vietnam reached US$5.3 billion in January, a remarkable yearly increase of 179.5%, according to the General Statistics Office (GSO) on January 29. FDI disbursement in the same reviewed period was posted at US$1.6 billion, a year-on-year increase of 3.2%. As of January 20, Vietnam attracted 25 new FDI projects with…

CPI in January hits record high in last 7 years


CPI in January hits record high in last 7 years

Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23% over the previous month and 6.43% year on year, according to the General Statistics Office (GSO).This is the highest January CPI growth recorded over the last seven years. Compared to the previous month, an increase was seen in the prices of ten…

Hanoi attracts 8.45 billion USD in FDI


Hanoi attracts 8.45 billion USD in FDI

A total of 8.45 billion USD in foreign direct investment (FDI) has been poured into Hanoi capital city so far in 2019, according to the municipal Statistic Office. Of the amount, 6.5 billion USD has been disbursed, the highest-ever level, the office said. The accumulative newly-registered and additional capital reached some 2.1 billion USD, and…

Foreign investment maintains momentum


Foreign investment maintains momentum

According to the Ministry of Planning and Investment’s Foreign Investment Agency, in the first 11 months of the year, the number of delegations coming to explore investment opportunities in Vietnam surged by about 30 percent compared to a year ago. Many of the visiting delegations sought opportunities to shift investment from China to Vietnam and…

HCM City among three best estate markets in Asia-Pacific: survey


HCM City among three best estate markets in Asia-Pacific: survey

Ho Chi Minh City is named among top three markets for real estate investors in Asia-Pacific, according to a survey unveiled in Singapore on November. The survey was carried out by the US’ Urban Land Institute (ULI) and Pricewaterhouse Coopers (PwC) to compile a report on emerging trends in real estate in Asia-Pacific in 2020….

Colourful metal screens and plants cover factory and offices in Hanoi


Colourful metal screens and plants cover factory and offices in Hanoi

Perforated metal screens and plants cover the facade of a factory and office complex in Hanoi, Vietnam, designed by Studio VDGA for electronics manufacturer Star Engineers. Studio VDGA designed Star Engineers’ factory and administrative buildings, which is longlisted for a Dezeen Award, as a facility that would be pleasant to work at in hot weather….

Vietnam’s GDP expected to expand 7% in 2021-2025


Vietnam’s GDP expected to expand 7% in 2021-2025

Vietnam’s gross domestic product (GDP) is projected to increase by 7% a year in the 2021-2025 period, according to the National Center for Socio-Economic Information and Forecast. At a conference on opportunities and challenges from new-generation free trade agreements (FTAs) in 2021-2025, held in Hanoi recently, Tran Thi Hong Minh, director of the center, said…

Japan and South Korea battle it out in Vietnam retail market


Japan and South Korea battle it out in Vietnam retail market

South Korean companies are engaged in a fierce battle with Japanese rivals in the Vietnam retail market, which has emerged as a “post-China.” According to the Korea Trade-Investment Promotion Agency, the Vietnam retail market has been growing rapidly, with an annual average growth rate of 10.9 per cent between 2013 and 2018. Currently, South Korea…