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…

Vietnam’s garment export up 10.4 pct in 10 months


Vietnam’s garment export up 10.4 pct in 10 months

Vietnam reaped nearly 27.4 billion U.S. dollars from exporting garments and textiles in the first 10 months of this year, posting a year-on-year rise of 8.7 percent, according to the country’s General Statistics Office. Its largest export markets included the United States, the European Union, Japan, South Korea and China. In October alone, Vietnam’s garment…

Vo Trong Nghia Studio Wins Dezeen’s ‘Architect of the Year’ Award


Vo Trong Nghia Studio Wins Dezeen’s ‘Architect of the Year’ Award

Vo Trong Nghia and his studio have established a reputation both in Vietnam and elsewhere for incorporating local and inexpensive materials in their designs. Recently, architecture firm Vo Trong Nghia Architects, which was established in 2006, was named the “Architect of The Year” in Dezeen magazine’s annual architecture awards. Currently in its second installment, the…

Hanoi listed among world’s 50 most beautiful cities


Hanoi listed among world’s 50 most beautiful cities

Hanoi is described as an amazing city in Vietnam since the millennial metropolis has not only attracted visitors for its dynamic beauty of an economic hub but also the diverse culinary art. Flight Network, one of the Canadian largest travel agencies, has recently ranked Hanoi among the 50 most beautiful cities. The survey was conducted…