Vietnam’s biotechnology has recently developed rapidly and achieved many important achievements; increasingly widely applied in social life, creating breakthroughs in the fields of agriculture, processing industry, medicine and environment. The biological industry is gradually formed. Many enterprises have invested in research, production and commercialization of biotechnology products in a number of fields on a large […]
Category Archives: Biz in Saigon
15
Feb
Feb
Secretary of the Ho Chi Minh City Communist Party Committee Nguyen Van Nen said that the city will develop strongly if it thoroughly solves the bottlenecks in the three areas of “institutions – infrastructure – human resources”. The year of 2022 is time when the central government has shown its determination to adjust the mechanism […]
15
Feb
Feb
According to the Vietnam Startup Report 2022 conducted by Korea’s Nextrans venture fund, Vietnam is one of the most promising destinations for investors in the Southeast Asian market. By 2022, Vietnam’s digital economy will reach 23 billion USD and is expected to reach approximately 50 billion by 2025. With the booming e-commerce scene, Vietnam has […]
Biz in Saigon
FDI enterprises receiving many incentives still suffer losses, domestic enterprises contribute the state budget the most
15
Feb
Feb
The Ministry of Finance assessed that growth of capital sources of FDI enterprises mainly comes from outside sources; profitability indicators in some areas are still negative and have not been improved; contributing into the state budget is not commensurate with the total investment; the number of FDI enterprises reporting losses, accumulated losses, and loss of […]
15
Feb
Feb
After strong growth in 2022, vehicle consumption is forecast to decelerate in 2023 due to economic difficulties. In that context, electric vehicles are expected to create a new breakthrough, but also need more supportive policies of the Government. According to the consolidated financial statements of the fourth quarter of 2022 of City Auto Joint Stock […]
28
Dec
Dec
According to Deputy Minister of Industry and Trade Do Thang Hai, logistics is one of the fastest growing and most stable industries with an average growth rate of 14 – 16% per year, contributing to GDP from 4 – 5%. Logistics Index Report of 2022 Emerging Market released by Agility said Vietnam ranks 11th of […]
28
Dec
Dec
During the two pandemic years, Vietnam’s human resources has continuously changed, posing numerous challenges for employees and their livelihoods. So far, however, the turbulent labour market seems to have somewhat stabilized. One of the significant changes in the labour market this year is to increase the retirement age of men to 60 years and six […]
28
Dec
Dec
The adoption of National Green Growth Strategy in the period of 2021 – 2030 is considered an advantage for Vietnam in attracting foreign investment in agricultural sector, thereby best exploiting potential advantages of agriculture, creating high-value products to participate in the global supply chain. Mr. Vu Thanh Liem, Deputy Director of Department of International Cooperation, […]
14
Dec
Dec
At Vietnam M&A Forum 2022 with the theme of “Activating new opportunities” took place on 23/11, organized by Investment News in Ho Chi Minh City, experts said it is the right time for investors to acquire attractive projects with more reasonable asset valuation. According to the Organizing Committee, after the sublimation period, the global M&A […]
14
Dec
Dec
According to data announced by Foreign Investment Department under Ministry of Planning and Investment (MoPI), upto 20/10/2022, total newly registered capital, adjusted and contributed as well as capital contribution of foreign investors reached US$ 22.46 billion, equaling 94.6% over the same period in 2021, increased 9.9% over 9 months. MoPI said that although newly registered […]