Vietnam Business Review

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Vietnam, India, Thailand, Malaysia, and Bangladesh are stepping up to replace the world's factories, Insider reported.
29/12/2022

Vietnam, India, Thailand, Malaysia, and Bangladesh are stepping up to replace the world's factories, Insider reported.

This is an estimate as of December 20, 2022. While registered capital decreased, disbursed capital increased sharply, re...
29/12/2022

This is an estimate as of December 20, 2022. While registered capital decreased, disbursed capital increased sharply, reaching about $22.4 billion.

Vietnamese businesses have registered to spend roughly $534 million abroad in 2022. The total amount of new investment i...
29/12/2022

Vietnamese businesses have registered to spend roughly $534 million abroad in 2022. The total amount of new investment is roughly $426.6 million.

The third quarter of 2022 saw an increase in garment imports from Vietnam, with the import turnover reaching $17.669 mil...
29/12/2022

The third quarter of 2022 saw an increase in garment imports from Vietnam, with the import turnover reaching $17.669 million, up from $15,972 million in the first quarter.

Samsung aspires to make the R&D facility in Vietnam, officially inaugurated on December 23, the world's number one R&D f...
27/12/2022

Samsung aspires to make the R&D facility in Vietnam, officially inaugurated on December 23, the world's number one R&D facility.

As assembly partners seek to add resilience to a supply chain mainly based in China and rocked by geopolitical and healt...
27/12/2022

As assembly partners seek to add resilience to a supply chain mainly based in China and rocked by geopolitical and health problems, India and Vietnam are emerging as Apple's next production hubs.

Just $1.4 billion worth of vegetables and fruits were sent to this market in the first 11 months of 2022, a decrease of ...
27/12/2022

Just $1.4 billion worth of vegetables and fruits were sent to this market in the first 11 months of 2022, a decrease of 21.7% from the same time in 2021.

Just 1.4 billion USD worth of vegetables and fruits were sent to this market in the first 11 months of 2022, a decrease of 21.7% from the same time in 2021.

Japan's leading power company has acquired a significant share in VNPD after investing VND785 billion ($33 million) to a...
27/12/2022

Japan's leading power company has acquired a significant share in VNPD after investing VND785 billion ($33 million) to acquire 25% of the business's stock.

The size of the e-commerce market in Vietnam's retail industry in 2022 is anticipated to be $16.4 billion, accounting fo...
27/12/2022

The size of the e-commerce market in Vietnam's retail industry in 2022 is anticipated to be $16.4 billion, accounting for 7.5% of total consumer goods and services revenue in Vietnam.

Preferential tariffs have been applied to almost $19 billion worth of exports to the EU that satisfied the requirements ...
14/12/2022

Preferential tariffs have been applied to almost $19 billion worth of exports to the EU that satisfied the requirements for a EUR.1 C/O within two years of the EVFTA.

The State Bank of Vietnam has revised up the credit growth target for the domestic banking system by 1.5-2 percentage po...
14/12/2022

The State Bank of Vietnam has revised up the credit growth target for the domestic banking system by 1.5-2 percentage points.

On December 5, the State Bank of Vietnam (SBV) moved to expand the overall systems credit room limit by 1.5-2%.

Ben Thanh - Suoi Tien, the Metro Line No.1, is expected to test run an elevated route of over 8 kilometers from Suoi Tie...
14/12/2022

Ben Thanh - Suoi Tien, the Metro Line No.1, is expected to test run an elevated route of over 8 kilometers from Suoi Tien to Binh Thai on December 21.

Vietnam's goods export to the US hit $101 billion, making it the country's biggest consumer market and contributing appr...
12/12/2022

Vietnam's goods export to the US hit $101 billion, making it the country's biggest consumer market and contributing approximately 30% of total export revenue.

Vietnam consistently ranks in the top 30 nations and territories for import and export volume worldwide, according to th...
12/12/2022

Vietnam consistently ranks in the top 30 nations and territories for import and export volume worldwide, according to the ranking of the World Trade Organization (WTO).

During a recent meeting with Prime Minister Pham Minh Chinh, Heineken's top leaders revealed that Heineken the beer make...
12/12/2022

During a recent meeting with Prime Minister Pham Minh Chinh, Heineken's top leaders revealed that Heineken the beer maker plans to invest another $500 million in Vietnam.

EVNGENCO3 will pay a cash dividend of 5.5%, which is equal to VND 618 billion ($26 million). This electricity firm also ...
10/12/2022

EVNGENCO3 will pay a cash dividend of 5.5%, which is equal to VND 618 billion ($26 million). This electricity firm also paid a cash dividend of up to 13% in 2021.

The government of Ho Chi Minh City has proposed a growth target of 7.5-8% for its Gross Regional Domestic Product (GRDP)...
10/12/2022

The government of Ho Chi Minh City has proposed a growth target of 7.5-8% for its Gross Regional Domestic Product (GRDP) in 2023.

In the draft master plan for the development of the national airport and airport system period 2030, the vision to 2050,...
10/12/2022

In the draft master plan for the development of the national airport and airport system period 2030, the vision to 2050, Vietnam's Civil Aviation Authority recommended the addition of 9 new airports.

In the draft master plan for the development of the national airport and airport system period 2030, the vision to 2050. Vietnam's Civil Aviation Authority recommended the addition of 9 new airports.

Morningstar Sustainalytics, an internationally respected ESG research, ratings, and data organization, has given VinFast...
10/12/2022

Morningstar Sustainalytics, an internationally respected ESG research, ratings, and data organization, has given VinFast, Vietnam's first global electric vehicle (EV) manufacturer, an indicative Corporate Environmental, Social, and Governance (ESG) Assessment.

As China's growing labor costs and zero-COVID policy undermine its dominance, major Japanese garment manufacturers are r...
10/12/2022

As China's growing labor costs and zero-COVID policy undermine its dominance, major Japanese garment manufacturers are relocating more of their offshore production from China to Southeast Asia, Nikkei Asia reported.

Compared to the same time last year, more of the aforementioned goods were imported into Vietnam, according to statistic...
10/12/2022

Compared to the same time last year, more of the aforementioned goods were imported into Vietnam, according to statistics from the General Department of Customs.

Compared to the same time last year, more of the aforementioned goods were imported into Vietnam, according to statistics from the General Department of Customs

Vietnam Electricity Group (EVN) is under pressure from rising power-generating costs and plans to increase consumer tari...
10/12/2022

Vietnam Electricity Group (EVN) is under pressure from rising power-generating costs and plans to increase consumer tariffs in 2023.

The Group of Seven (G7) industrialized nations made a new $15 billion offer to Vietnam to agree during a summit next wee...
10/12/2022

The Group of Seven (G7) industrialized nations made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transition away from coal.

After the first nine months of 2022, four Samsung Electronics factories in Vietnam generated $56.6 billion in revenue.
07/12/2022

After the first nine months of 2022, four Samsung Electronics factories in Vietnam generated $56.6 billion in revenue.

On December 6, the SBV's declared central exchange rate between USD and VND remained steady at VND23,658 ($1).
07/12/2022

On December 6, the SBV's declared central exchange rate between USD and VND remained steady at VND23,658 ($1).

The visit of President Nguyen Xuan P**c to Korea included a sizable economic delegation. It is anticipated that a thorou...
07/12/2022

The visit of President Nguyen Xuan P**c to Korea included a sizable economic delegation. It is anticipated that a thorough discussion on business and investment cooperation would take place through this meeting.

The potential economic impact of the metaverse in Vietnam in 2035 ranges from $9 to $17 billion annually, or 1.3 to 2.4 ...
07/12/2022

The potential economic impact of the metaverse in Vietnam in 2035 ranges from $9 to $17 billion annually, or 1.3 to 2.4 percent of the country's total GDP, according to Deloitte's estimate.

The potential economic impact of the metaverse in Vietnam in 2035 ranges from $9 to $17 billion annually, or 1.3 to 2.4 percent of the country's total GDP, according to Deloitte's estimate

Hoa Phat Group reported 384,000 tons of crude steel in November 2022, a 43% decrease from the same month in 2021.
07/12/2022

Hoa Phat Group reported 384,000 tons of crude steel in November 2022, a 43% decrease from the same month in 2021.

Hoa Phat Group (code HPG) reported 384,000 tons of crude steel in November 2022, a 43% decrease from the same month in 2021.

In 2022, Vietnam is expected to export 7.2-7.3 million tons of rice, worth $3.3-3.5 billion, according to the Ministry o...
06/12/2022

In 2022, Vietnam is expected to export 7.2-7.3 million tons of rice, worth $3.3-3.5 billion, according to the Ministry of Agriculture and Rural Development.

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