Vietnam should anticipate robust business opportunities from ASEAN and ASEAN+ cooperation, business leaders say.
Results of the 10th quarterly EuroCham Business Climate Index survey released on March 7 showed that business confidence and outlook among European businesses in Vietnam is improving slightly.
The Vietnamese government’s call for fine-tuning ineffective state-owned enterprises and spurring the private sector’s bigger participation in the economy has won foreign praise.
While some foreign investors go cold on Vietnam, Thai investors are jumping in boots and all.
The signed free-trade agreements (FTAs) would enable Vietnam to reel in commercial and investment flows in serving its growth model restructuring.
Vietnam’s Prime Minister Nguyen Tan Dung approved a master plan to restructure the economy, overhaul banks and speed up share sales of state-owned companies to bolster growth that is at its lowest since 1999.
Vietnam’s GDP growth rate was 5.03 per cent, an impressive figure compared to the economic decline in many countries. The Vietnamese people are hoping for further economic growth in 2013.
The fast growing consumer goods market in Vietnam is expected to see more mergers and acquisitions deals in 2013 as it remains attractive to international investors, economics experts say.
HCMC authorities are seeking approval from the Ministry of Transport to extend the route of the tramway No.1 project to Binh Thanh District’s Tan Cang area instead of having it end at Ben Thanh Market as planned earlier.
Despite the Vietnamese government’s latest moves aiming to increase the liquidation of the real estate products, the forecast for the property market this year remains gloomy.