Global economic growth to slow to 3% in 2023, 2.9% in 2024: IMF
Global growth is forecast to slow from 3.5% in 2022 to 3% in 2023 and 2.9% in 2024, the International Monetary Fund (IMF) wrote in its October edition of the World Economic Outlook.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam braces for increased foreign R&D investments
Vietnam is becoming a popular destination for research and development (R&D) among multinationals as the country cements its status as a new global manufacturing hub.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
IMF pegs Vietnam 2023 growth at 4.7% with H2 recovery
The International Monetary Fund (IMF) estimates Vietnam’s 2023 growth at 4.7%, aided by a second-half recovery led by a rebound in exports and expansionary domestic policies.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam set to be 10th largest consumer market by 2030: HSBC
Vietnam is poised to become the world's 10th largest consumer market by 2030, bigger than Germany and Britain, according to HSBC Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s renewables promoting power plan in line with global greener practices: EuroCham
Vietnam’s latest power development plan facilitates a smooth transition towards equitable and sustainable energy systems, aligning with global trends towards greener practices and the need to reduce emissions, said the European Chamber of Commerce (EuroCham).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Samsung to make Vietnam R&D center a global facility
Korean tech giant Samsung wants to turn its December-launched Vietnam R&D center with $220 million in investment into a leading global hub, Samsung Vietnam CEO Choi Joo Ho said Sunday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Samsung investment in Vietnam reaching new heights: CEO
Samsung Group sees this year as a significant milestone in Vietnam as it is the Korean giant’s 15th year of massive investments in the country, said Samsung Vietnam CEO Choi Joo Ho.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
26% of Vietnam investors make portfolio changes due to inflation: Standard Chartered
In 2022, 26% of Vietnamese investors made new decisions for their portfolios while 25% spent less on their investment decisions because of inflation pressure, according to a new Standard Chartered report.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Energy consultancy DNV provides due diligence support for financing Vietnam electric bus network
Global energy consultancy DNV has provided due diligence and market assessment support to the Asian Development Bank in connection with a $135 million funding package the bank has mobilized for VinFast’s fully-electric public transport bus fleet in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AMD, Viettel collaborate in 5G network expansion
World-leading chip maker AMD and Vietnamese tech giant Viettel have completed a 5G mobile network field trial deployment conducted by Viettel and powered by AMD chips.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
EV maker VinFast opens first Canada store, plans seven more
VinFast, Vietnamese conglomerate Vingroup’s electric vehicle maker, launched its first Canadian store on Wednesday and plans to open seven more before the year-end.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tech firm CATL, VinFast team up in e-mobility
China-based Contemporary Amperex Technology and Vietnamese electric vehicle maker VinFast have entered their global strategic cooperation, with a focus on skateboard chassis products.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
The Investor holds workshop on wellness-based real estate trends
A workshop organized Tuesday by The Investor on real estate trends catering to increasing demand for wellness-based living seeks to locate Vietnam on this lifestyle’s world map.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast to launch 3 headquarters in Europe
Vietnamese electric vehicle maker VinFast will open three headquarters in Paris, Frankfurt, and Amsterdam to intensify its global footprints, the company said Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam growth upbeat amid slowing Asia: IMF
Vietnam’s upbeat growth outlook is bucking the slowing trend elsewhere in Asia, with relatively subdued inflation as an exception to the regional rule, the International Monetary Fund said Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Crypto platform BingX seeks more staff
BingX, a global crypto social trading exchange, is offering more than 200 vacancies in Germany, South Korea, Turkey, Japan, Vietnam, Russia, and Spain.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Southern logistics project to raise Vietnam status in global supply chain
Ba Ria-Vung Tau, a coastal business hub in southern Vietnam, is speeding up groundwork for a major logistics center as the nation is emerging as a new global production base.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam seeks to further tap into world bamboo markets
The Vietnamese agriculture ministry is speeding up groundwork for the establishment of a national bamboo association to boost the country’s exports of related products.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Compal Electronics aims to up production in Vietnam
Compal Electronics, a supplier to Apple, Amazon, and Dell, is scheduled to pay another visit to Vietnam in July to find a location for a new factory following a working trip in June.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam among 8 floating offshore wind farm hotspots in Asia Pacific
A new study has named 54 markets globally, including Vietnam in the Asia-Pacific top eight, that show huge potential for floating offshore wind power development.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
50 VinFast stores to electrify European market
Vietnamese electric vehicle (EV) maker VinFast plans to open more than 50 stores in Germany, France and the Netherlands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong to tackle land problem for Lego’s $1 bln carbon neutral facility
Binh Duong authorities have pledged to resolve land problems for giant toymaker Lego’s solar-driven facility project in the southern province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Solar module majors bullish on Vietnam
Vietnam has attracted global producers of solar modules and panels, with major American, Canadian, and Chinese investors already present, as the tropical country is ramping up investment in solar and wind power.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam blockchain majors to set up global influence: deputy minister
Among the 200 world-leading blockchain companies, seven were founded by Vietnamese, and the government is paying close attention to the new sector, said Deputy Minister of Science and Technology Nguyen Van Tung.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam carmaker VinFast files for U.S. IPO over global EV ambitions
VinFast, a Singapore-incorporated subsidiary of Vietnam's Vingroup, has filed for an IPO in the U.S. shortly after the electric vehicle maker secured an MoU with North Carolina’s government to establish a $4 billion factory complex in the state.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
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Vietnam appreciates Apple investment, creation of 200,000 jobs: PM
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Apple announces Vietnam expansion, CEO Cook in town
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- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
