200M USD Channeled Into Vietnam-Singapore III in Binh Duong


200M USD Channeled Into Vietnam-Singapore III in Binh Duong

The Bank for Investment and Development of Vietnam (BIDV) and Vietnam-Singapore Industrial Park (VSIP) Joint Venture Company Limited on August 22 signed a credit contract to sponsor an investment project on the construction of VSIP III worth 4.6 trillion VND (200 million USD) in the southern province of Binh Duong. The park is the third…

Vietnam, UK Promote Ties in Various Areas


Vietnam, UK Promote Ties in Various Areas

UK Friendship Association of Hanoi held the fourth Congress and set out orientations for the 2022-2027 tenure. The Congress elected an executive board comprising 27 members led by Secretary of Hoan Kiem district Party Committee Vu Dang Dinh. During the new tenure, the association will continue to build itself with new partners, contributing to friendship…

Thailand’s Central Group Plans to Expand Investment in Vietnam


Thailand’s Central Group Plans to Expand Investment in Vietnam

Thai retail conglomerate Central Group is planning to expand aggressively at home and in neighboring Vietnam, hoping to tap an expected jump in demand when the COVID-19 pandemic ends, according to Nikkei Asia. Central Retail, the group’s core retail arm, has set aside 30 billion THB (848 million USD) to invest in Vietnam, where it…

Vietnam, Argentina Boost Trade Cooperation


Vietnam, Argentina Boost Trade Cooperation

Vietnam’s Ambassador to Argentina Duong Quoc Thanh has paid a working visit to Rosario city of Santa Fe province to seek opportunities for promoting trade and investment collaboration between the Argentinean province and Vietnamese localities. Meeting provincial Governor Omar Perotti, he appreciated the potential of Santa Fe province and said the two sides hold great…

Hai Phong – The Driving Force of National Economic Growth


Hai Phong – The Driving Force of  National Economic Growth

As the economic hub of the Red River Delta region and the growth pillar of the Northern coastal region, Hai Phong is striving to make a strong breakthrough to become a modern and industrialised city of regional scale and the driving force of the whole country. The economic structure of Hai Phong city has shifted…

Vietnam’s Export to American Market Sees Sharp Rebound


Vietnam’s Export to American Market Sees Sharp Rebound

Post-pandemic robust rebound in the American market has ushered in multiple opportunities for Vietnam to expand its export of key products, according to the Ministry of Industry and Trade. Vietnam’s export to the American market jumped by nearly 22% to nearly 77 billion USD in the first seven months of 2022. Of which, shipment to…

Industrial Parks & Economic Zones Attract Over 100B USD Over 30 years


Industrial Parks & Economic Zones Attract Over 100B USD Over 30 years

Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted over 100 billion USD of investment, and created jobs for more than 4 million labourers, according to the Ministry of Planning and Investment (MPI). The ministry is drafting a Government resolution on measures to increase IP, EZ efficiency….

Vietnam Water Puppetry Introduced in South Korea


Vietnam Water Puppetry Introduced in South Korea

Four Vietnamese artists will head to the Republic of Korea (RoK) for water puppetry shows in four cities to mark the 30th anniversary of diplomatic relations between Vietnam and the RoK. The group will stage a total of 20 shows, with each lasting for 50 minutes across the cities of Seoul, Gyungju, Yungduk, and Chuncheon…

Vietnam’s Economic Growth Forecast At 7.5% In 2022: World Bank


Vietnam’s Economic Growth Forecast At 7.5% In 2022: World Bank

Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2% in Q4 of 2021, and respectively 5.1%…

Garment-textile Exports Set to Hit 45.7B USD This Year


Garment-textile Exports Set to Hit 45.7B USD This Year

Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments. The General Department of Vietnam Customs reported that as of mid-July, garment-textile was one of the four sectors posting the highest export revenue, with a record of 20.4 billion…