Vietnamese enterprises operating in the support industry are gathering steam in technological and production capabilities.
Vietnam has signed a number of trade agreements and become the destination for many multinational industrial groups.
The long awaited Trans-Pacific Partnership involving 12 countries and over 40 per cent of the world’s gross domestic product will soon become a reality.
Vietnam could see a significant boost to long-term economic growth, investment and exports.
The Vietnamese retail market has never appeared more attractive to foreign retailers and foreign retail developers, according to the assessment of commercial property and real estate services adviser CBRE.
Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.
Vietnam is emerging as a more attractive destination for overseas investors, the Los Angeles Times, a US-based daily newspaper, said in an article on October 8.
The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said.
Vietnamese startups have become more and more attractive to angel investors, seed-funds and series A-funds, both domestic and foreign.
Vietnam will exempt some state firms from a Pacific trade pact agreed this week and has negotiated to keep export taxes on its crude oil and coal.
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