Indonesian President-elect pays attention to domestic market to attract investors

Indonesian President-elect pays attention to domestic market to attract investors

The Indonesian incoming administration led by President-elect Prabowo Subianto will highlight the country’s large domestic market to attract foreign investors.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam legislators okay 90-day multiple entry visas

Vietnam legislators okay 90-day multiple entry visas

Vietnam’s National Assembly approved Saturday a government proposal to extend the validity of tourist e-visas to 90 days with multiple entry, starting August 15.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam accelerates national high-speed railway preparations

Vietnam accelerates national high-speed railway preparations

The Ministry of Transport is working on an investment policy for a North-South high-speed railway project which is set to be approved by 2025.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s growth support policy helps counter global headwinds: ADB

Vietnam’s growth support policy helps counter global headwinds: ADB

The Vietnamese economy is expected to grow moderately at 6.5% this year despite global headwinds and further expand at 6.8% in 2024, the highest in Southeast Asia in both years, according to an Asian Development Bank (ADB) report released on Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's GDP forecast to reach 6.3% in 2023: World Bank

Vietnam's GDP forecast to reach 6.3% in 2023: World Bank

Vietnam’s economic expansion might ease to 6.3% in 2023 from a robust 8% last year, reflecting domestic and external headwinds, the World Bank said in Hanoi on Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Global minimum tax workshop to help Vietnam maintain FDI attractiveness

Global minimum tax workshop to help Vietnam maintain FDI attractiveness

The Investor will hold a workshop on Friday to discuss solutions to maintain and improve Vietnam’s competitiveness and lure FDI as countries across the world prepare to implement the global minimum tax (GMT).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank seeks to keep 2023 inflation at 4.5%

Vietnam central bank seeks to keep 2023 inflation at 4.5%

The State Bank of Vietnam will manage monetary policy in a flexible way to keep inflation at 4.5% next year as the National Assembly has targeted, the central bank's Deputy Governor Dao Minh Tu said Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

FDI firm solution for Vietnam property developers: Savills

FDI firm solution for Vietnam property developers: Savills

Vietnam keeps luring foreign direct investment thanks to its bright economic outlook, making FDI a reliable capital source for local real estate developers, Savills Vietnam said Tuesday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank expands dollar trading band to 5%

Central bank expands dollar trading band to 5%

The State Bank of Vietnam widened Monday the USD/VND daily trading band to 5% from the previous 3%.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fed rate hikes challenge Vietnam’s FDI attraction drive

Fed rate hikes challenge Vietnam’s FDI attraction drive

International institutions have lowered their global 2023 growth forecasts following the Fed’s interest rate hikes. Experts fear that investment flows worldwide would leave emerging markets for developed countries. The Investor talks with Professor Nguyen Mai, chairman of the Vietnam Association of Foreign-Invested Enterprises (VAFIE), about possible impacts on Vietnam.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Boeing urges suppliers to open shop, invest more in Vietnam

Boeing urges suppliers to open shop, invest more in Vietnam

Aviation giant Boeing is encouraging its major suppliers to invest more or set up shop in Vietnam, partnering with Vietnamese companies to complete supply chains.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi workshop to promote circular economy development

Hanoi workshop to promote circular economy development

The Investor will organize a workshop on Vietnam’s policy to encourage and support enterprises in developing a circular economy in Hanoi on Wednesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

WB recommends path for Vietnam to address climate risks

WB recommends path for Vietnam to address climate risks

The World Bank’s Country Climate and Development Report for Vietnam underscores the urgency of adaptation to climate change, combined with policies and public and private investments to reduce the carbon intensity of growth.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam economic indicators show stronger momentum: IMF

Vietnam economic indicators show stronger momentum: IMF

A post-pandemic recovery is underway in Vietnam and high-frequency indicators point to stronger momentum going into 2022, with rising retail sales, industrial production, and firm entry, says the International Monetary Fund.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Distinct mechanisms to bolster Van Phong Economic Zone

Distinct mechanisms to bolster Van Phong Economic Zone

Vietnam’s legislative body on Thursday approved a five-year scheme with special mechanisms and policies designed to boost the development of Van Phong Economic Zone in Khanh Hoa.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's post-pandemic recovery uneven: IMF

Vietnam's post-pandemic recovery uneven: IMF

Spurred by an impressive vaccination drive and accommodative policies, Vietnam’s economy is rebounding from a severe pandemic wave in 2021, but the recovery has been uneven to date, the IMF said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7