Textile Industry in Vietnam

Vietnam textile industry for many years has always been one of the major export sectors of Vietnam. With the development in technology, the number of skilled worker is growing along with many preferential policies from the Government, the textile industry has obtained encouraging results, creating the value of goods, ensuring domestic demand and export. 1.Overview of the industry According to the General Department of Customs, in 2014,...

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Private Hospital Projects Attract Foreign Investment

After many domestic investors failed to investin the construction of private hospital, from 2014 until now, especially in the first months of 2016, there were many foreign investors interested in this area. Recently, a US delegation composed of more than 40 representatives from US leading hospitals, pharmaceutical companies, medical equipment companies, research institutions and medical training institutions came to offer Ho Chi Minh City (HCMC)...

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TRADE PROMOTION IN THE INTEGRATION PERIOD

In the past 5 years from 2011 to 2015, trade promotion activities at home and abroad have achieved much progress, contributing significantly to the growth of the country’s export. However, when Vietnam integrates deeper into the world market, the role of trade promotion will become more significant. In recent years, trade promotion has been implemented uniformly and efficiently, maximizes the resources at home and abroad to support...

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COSMETIC INDUSTRY IN VIETNAM

Overview According to the figure of Nielsen in 2013, the annual turnover of the Vietnamese cosmetics market is around 15 trillion VND (US$704.2 million).  The average per-capita spending was only $4 per person per year, compared with an average of $20 per person in Thailand. This indicates a huge potential for growth of this sector in Vietnam. According to a report from The Society of Cosmetics of Ho Chi Minh City, Vietnam has more...

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SUSTAINABLE DEVELOPMENT IN VIETNAM

Achievement of sustainable development in Vietnam The sustainable development objectives including economic, social development and environment protection have been integrated into national priority development together with economic growth objective. With a stable GDP and economic growth, improvement of education, Vietnamese citizens have gained more knowledge about gender quality, environmental and other social issues, thus, creating campaigns...

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FDI WAVE FROM THE UK INTO HO CHI MINH CITY

UK businesses are gradually becoming the largest investors inVietnam. The southern key industrial zone (SKEZ) including Ho Chi Minh City (HCMC) and neighboring provinces such as Binh Duong, Dong Nai, Long An and Ba Ria – Vung Tau. SKEZ include 106 active industrial zones with a total area of 33,500ha. Those industrial parks have the advantage that lie near the highway, intercity road, seaport and international airport. HCMC is...

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VIETNAM: THE POTENTIAL DESTINATION FOR VENTURE CAPITALS

If we see the business, the attention of Venture Capitals (VCs) and foreign investors are the indication then Vietnam is emerging as a potential environment for the startup operation. Besides the investment funds that have been presented in Vietnam as IDG Ventures Vietnam, a number of new VCs have joined the Vietnam entrepreneurship ecosystem and are very optimistic about the ahead opportunities. On August 2015, the Captii Ventures owned...

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TPP WILL CREATE BREAKTHROUGH FOR VIETNAM’S COMMERCIAL REAL ESTATE SECTOR

On October 5th, the TPP agreement has finished negotiation. According to experts, the signing of TPP will expand the opportunity for Vietnam’s economy in general and real estate market in particular. It seems that foreign real estate investors are more sensitive hearing than domestic investors in the anticipation of macroeconomic policy. The most recent example, funds from Japan and the United States are massively investing in the...

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LOTTE WANTS TO OPEN 60 SUPERMARKETS IN VIETNAM

Vietnam’s retail market has the highest growth rate in the region, therefore Lotte expects to grow further through setting up more retail business or M&A activity in Vietnam. South Korea is the largest investor in Vietnam with over 4,000 enterprises, total investment in Vietnam as of July 2015 is 32.8 billion USD. Among South Korean firms investing in Vietnam, Lotte Mart is one of the corporations with the most powerful...

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INVESTMENT IN WIND POWER PROJECT IN VIETNAM

Wind power is one of priority sectors to develop in Vietnam. Vietnam Government has been given a lot of incentives as well as support for wind power development projects. Wind power investment procedure in Vietnam Step 1: Project location Investment in wind power projects must be suitable with the development plans of wind power and electricity, which are approved by the competent authorities. Investors are licensed the...

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