News
IMF Forecasts 6.1% Growth for Vietnam in 2024 Despite Ongoing Challenges
The IMF projects Vietnam’s GDP growth at 6.1% for 2024, supported by external demand and government policies, despite risks in exports and the real estate sector. In its recent September report, the International Monetary Fund (IMF) significantly upgraded its 2024 GDP growth forecast for Vietnam to ...
ASEAN Briefing
FDI in Vietnam: Rise of the north
A glossy photobook sits on the coffee table of the Deep C Industrial Zone offices, surrounded by walls the colour of sunshine and an abundance of indoor foliage. “Compared with other big cities such as Hanoi and [Ho Chi Minh City], Hai Phong is still the ...
Samantha McCabe
Long An maintains top position in FDI attraction in Mekong Delta
The Mekong Delta province of Long An last year issued licenses to 90 new foreign direct investment (FDI) projects with a combined capital of 450 million USD, thus maintaining its leading position in FDI attraction in the region, according to local authorities. Statistics also show that ...
SEZs in Myanmar should learn from international experience
Special Economic Zones (SEZs) in Myanmar should encourage policy experimentation and focus on tech spillovers, an economist told The Myanmar Times. By early June, 95 percent of the land plots in Thilawa SEZ zone A had been sold and the building of manufacturing plants is ...
Quảng Ngãi attracts projects worth $2.81b in H1
Dung Quất Economic Zone and industrial zones in Quảng Ngãi Province attracted eight projects worth US$2.81 billion in the first half of this year, according to the provincial People’s Committee. Keep reading ...
Giant East Asian manufacturers dominate Vietnam’s industrial parks
Giant East Asian manufacturers were major clients of industrial parks across Vietnam in the first half of 2016, according to a report on industrial real estate released on October 4 by Savills Vietnam. The most outstanding projects came from hi-tech product manufacturers of the Republic of ...
MGMA backs garment industry to boom when US sanctions are lifted
Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade ...
Gov’t urged to install technical barriers to filter FDI projects
Consultants and experts have recommended that Vietnam take measures to prevent foreign-invested projects from using outdated technologies, causing pollution and consuming national resources. First, oil refineries. The projects licensed so far in the field have total capacity of up to 50-60 million tons. It is estimated ...
Vietnam: $705.8m outbound investment; funding opportunity from France
Foreign direct investment into Vietnam reached $14.3 billion in 2016. Meanwhile, Vietnamese startups are attracting investment and partnership from French investors. Vietnam’s outbound investments hit $705.8m Vietnamese companies pumped $705.8 million in 106 projects in foreign markets during the first eight months of this year, according ...
FDI inflow seen as driving economic development
A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said on August 31. Total capital inflow of foreign direct investment to Cambodia amounted ...
