Category Archives: Biz in Saigon

Vietnam continued to strongly attract FDI over the past 10 months. Total registered capital reached US$31.52 billion, marking a 15.6% increase compared to the same period last year. Notably, disbursed capital was estimated at US$21.3 billion, the highest level recorded in the last 5 years. According to the General Statistics Office (GSO) and the Ministry […]

1/ Attracts Over $26 Billion in FDI According to a report from the Statistics Department of the Ministry of Planning and Investment, total registered foreign direct investment (FDI) in Vietnam reached $26.14 billion as of August 31, an increase of 27.3% compared to the same period last year. There were 2,534 new licensed projects with […]

Da Nang, Vietnam, 2025 – This Mid-Autumn Festival, Four Points by Sheraton Danang proudly debuts its very first mooncake collection “Danang Moonlight Voyage” – A poetic journey beneath the moonlight where memories and flavors entwine. Inspired by the ethereal beauty of Da Nang under the moonlit sky, each box is a tender tribute to the […]

Vietnam’s FDI Reaches Over $21.5 Billion in First Half In the first six months of the year, registered Foreign Direct Investment (FDI) into Vietnam’s manufacturing and processing sector hit nearly $12 billion, marking a 3.9% increase year-on-year. According to a report from the Foreign Investment Agency (FIA) under the Ministry of Finance, this sector continues […]

To achieve its ambitious goal of training 50,000 semiconductor engineers by 2030, Vietnam must invest $1 to $1.5 billion annually in developing a comprehensive, multi-tiered human resource ecosystem. This is the assessment of Dr. Chu Duc Hoang, Chief of Office for the National Technology Innovation Fund under the Ministry of Science and Technology, who emphasized […]

UOB has notably revised its 2025 GDP growth forecast for Vietnam to 6.9%, up from 6% previously, attributing the optimistic outlook to an early acceleration in exports and a robust economic recovery in Q2. Citigroup followed suit, elevating its forecast from 6.6% to 7%. Even more bullish, Maybank projects an impressive 7.3% growth for 2025, […]

The newly consolidated Ho Chi Minh City Export Processing Zones and Industrial Parks (HCMC EPZs & IPs) aim to attract $3.73 billion in new and adjusted investments in 2025. Of this, the former HCMC EPZs and IPs are projected to attract $600 million; the former Ba Ria-Vung Tau IPs are expected to draw $1.88 billion; […]

As the United States implements higher tariffs on imported goods, Vietnamese businesses need to prepare contingency plans. This involves developing contingency financial plans, calculating the cost impact of various tariff scenarios to secure reserve capital, and restructuring costs. Electronics Products Accounted for 34.9% of Total Exports to the US in 2024 The electronics industry plays […]

According to the Vietnam Association of Mechanical Industry (VAMI), the country has approximately 3,100 manufacturing enterprises with 53,000 production facilities, accounting for nearly 30% of the total number of industrial processing and manufacturing enterprises in Vietnam. However, domestically produced mechanical products currently occupy only about 7% of the market. Speaking at the seminar “Diversifying Markets, […]

On December 11, at the Dong Dang border economic zone in Lang Son province, Viettel inaugurated Vietnam’s first Logistics Park. The Viettel Logistics Park is a key project in Viettel Group’s strategy to build the national logistics infrastructure. The park aims to become a trade bridge connecting 700 million ASEAN citizens with the 1.4 billion-strong […]