Vietnam is emerging as new hotspot for investors with Asian ambitions
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Business news and investment opportunities in Vietnam
STATS
Source: World Bank
Currency: Vietnamese dongGDP: 245.2 billion USD (2018)
GDP per capita: 2,566.60 USD (2018)
GDP growth rate: 7.1% annual change (2018)
GNI per capita: 6,930 PPP dollars (2018)
Gross national income: 661.8 billion PPP dollars (2018)
Internet users: 47.0% of the population (2016)
Internet users: 47.0% of the population (2016)
‘Travel bubbles’ give trade and tourism grounds for hope
The global tourist industry is estimated to account for more than 10% of the world’s GDP…
Rosneft subsidiary starts drilling at Vietnam’s offshore fields
Vietnam’s offshore fields: Rosneft Vietnam has started drilling exploration wells in the Nam Con Son Basin…
Vietnamese dairy producer to build $2.7bn complex in Moscow
Vietnamese dairy producer TH Food Chain has announced that it is to build a $2.7bn complex…
Trans-Pacific Partnership trade pact passes first hurdle
Trans-Pacific Partnership: At a meeting in Atlanta yesterday, the US, Japan and 10 other Pacific Rim nations signed…
Petrovietnam to build Dagestan oil refinery
Vietnam’s state-owned PetroVietnam has agreed in principle to invest up to $300m in the construction of…
Asian exporters fill gap left by Western exodus from Russian fashion market
Russian fashion market: Asian apparel manufacturers, particularly from Bangladesh and Vietnam, are taking full advantage of the exodus…
Russia turns to ASEAN and North Korea for new trade and investment windows
Russia turns to ASEAN: Following Prime Minister Dmitry Medvedev’s visit to Vietnam, Thailand and Indonesia last week,…
Vietnam and EEU edge closer to free trade deal
Vietnam and EEU: The newly formed Eurasian Economic Union and Vietnam are close to agreeing a free trade deal Russia’s…
EEU Free Trade Zone with Vietnam on agenda for Medvedev ‘s S-E Asian trip
EEU Free Trade Zone with Vietnam: Russia’s Prime Minister Dmitry Medvedev is to discuss the possibility of…
Inter RAO to invest $2.4bn in Vietnamese power plant
Inter RAO, the Russian diversified energy holding company, has signed an MoU with the authorities in…
Vietnam set to agree first Free Trade Zone with EEU
Vietnam: Following a meeting with the General Secretary of Vietnam’s Communist Party Nguyen Phu Trong on Tuesday,…
Vietnam buys Sukhoi Superjets
Vietnam buys Sukhoi Superjets: Russia is to supply Vietnam Airlines and VietJet Air with Sukhoi Superjets, its Deputy…
Vietnam and Russia look to double trade
Vietnam and Russia are hoping that trade between the two countries will increase by 250% by the…
Vietnam and Customs Union close to FTA
Vietnam and Customs Union: The Customs Union could sign a Free Trade Agreement with Vietnam by the end of…