Vietnam Central Bank to Inject Capital Into Banking System
Mar. 18 – The Central Bank of Vietnam plans to infuse an additional VND30 trillion into Vietnam’s banking system in order to make further soft loans available for home-buyers. This move hopes to revive the struggling property market and resolve bad debt. The central bank issued a circular late last week in which it clarified that banks will be […]
Vietnam Government Encourages Supporting Industries
By Nguyen Huyen My Mar. 7 – In 2010 and 2011, the Vietnamese Government issued a number of policies to encourage supporting industries, especially those connected to the high-tech sectors (Prime Minister’s Decision No 12/2011/QD-TTg). Supporting industries play a key role in promoting the development of Vietnam’s main industries. Furthermore, the potential to develop Vietnam’s […]
The Emergence of Vietnam’s E-commerce Market
Feb. 11 – Research has shown that Vietnam’s e-commerce market, which totaled approximately US$300 million in 2011, is expected to grow at an average rate of 75 percent per year between 2011-2015 to reach upwards of US$2.8 billion by 2015. While this may seem largely optimistic, several factors regarding supply and demand influence this huge […]
Foreign Franchises Interested in Vietnam Market Entry
By Marco Azzaro May 18 – Several franchising brands are beginning to view the Vietnamese market more favorably than in past years. According to the country’s Ministry of Industry and Trade, up to 70 foreign brands have registered their franchising business in Vietnam and franchising growth is up 30 percent. Most of them are consumer […]
Sustainability of Vietnam’s Real Estate Market
By Mattia Capsoni Mar. 13 – In recent years, Vietnam’s real estate market has shown considerable strength and a propensity for growth. “[The real estate market] has contributed an important part to ensuring economic growth and social security, but besides the positive results there remain a number of weak points,” Minister of Construction Nguyen Hong […]
Real Estate Market Trends in Hanoi
Oct. 26 – Investor interest in Hanoi’s residential property has increased in recent years. With an average population growth rate of 5 percent a year coupled with a considerable area of vacant land, housing prices in Hanoi have been pushed up to levels that are higher than they should be. Selling prices of upmarket houses […]
Growth in Vietnam’s Entertainment Sector Attracting Foreign Investors
An investor who visits the Megastar Cinema in Vincom City Tower in Hanoi will likely be met by large crowds. A visit to the West Lake, passing through the Ho Tay water park, will generate a similar experience. By Jonathan Choppin Jul. 12 – The entertainment industry in Vietnam is showing increasing potential and positive […]
Goods Imported into Vietnam must Register Certificate of Origin
Jul. 5 – In an afternoon news conference on June 30, 2011, Deputy of Vietnam’s Ministry of Agriculture and Rural Development Diep Kinh Tan said Circular No. 13/2011/TT-BNNPTNT would guide the inspection of food safety resources and vegetable imports effective from July 01, 2011. The Circular clarified that if the origin of plants and goods […]
Logistics Industry Outlines New Strategies to Catch Bigger Opportunities
Jun. 27 – The Vietnamese logistics market is still at a very early stage of development, so there are still various difficulties in this area. Nonetheless, the logistics industry is a huge contributor to the country’s gross domestic product. To increase development, logistic companies in the country are looking at new strategies and try to […]
Vietnam to Invest in Water-Related Infrastructure
Mar. 31 – Vietnam’s government aims to boost the nation’s shipping volume by more than 400 percent over the next 10 years by investing heavily in its ports. The emergent Southeast Asian economy is channeling billions of dollars into building ports for container ships in a move to draw export-oriented industry from China.