Category Archives: Biz in Saigon

In January 2017, the Prime Minister issued Decision No. 68/QD-TTg, approving the Program for Supporting Industry Development from 2016 to 2025. The program has been implemented nationwide through various measures. These include providing technical support and technology transfer to enterprises, establishing industrial development support centers, fostering linkages between domestic companies and FDI corporations, offering credit […]

Discussing the competitiveness of proposed International Financial Centers (IFCs) in Ho Chi Minh City (HCMC) and Da Nang compared to global hubs, Dr. Nguyen Tu Anh, Director of Policy Research at VinUni University, stressed that Vietnam must clearly define, “What benefit do investors gain here?” and “Why choose Vietnam over Singapore?” The expert asserted that […]

Hanoi to host the Vietnamese inaugural edition of the world’s largest tech event next October following announcement during GITEX ASIA x Ai Everything Singapore KAOUN International & Vietnam National Innovation Center finalise partnership to deliver new markets, capital, talents, relationships & opportunities access through GITEX AI VIETNAM Hanoi, Vietnam – 24 April, 2025: Vietnam’s burgeoning […]

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; […]