Southern HCM City is becoming very popular with property developers thanks to the many infrastructure works planned for the area.
While multinational conglomerates and large foreign investment funds are looking for opportunities to invest in large companies, other foreign investors are eyeing small and medium enterprises (SMEs).
Vietnam National Oil and Gas Group (PetroVietnam) will complete the divestment from several subsidiaries by 2020, according to newswire Petrotimes.
Vietnam is poised to achieve its economic growth target of 6.7 percent in 2017, the highest rate in nearly 10 years, after the government implemented many action plans to facilitate business development, investment and business environment.
The China-Thailand high-speed railway will upgrade Thailand's transport system and unleash economic potentials of region along the route, said a Thai expert.
It is true that the political institutions in Vietnam are profoundly influenced by China. When China conducted the economic reform in 1978, Vietnam faced with new situations domestically and internationally, also followed the Chinese footsteps by the Innovation or Doimoi in 1986.
Designated as a priority under the terms of the Belt and Road Initiative, the project is based in the north central coastal province of Ha Tinh
According to A.T. Kearney, Vietnam ranked 6th in the Global Retail Development Index (GRDI) in 2017. The GRDI is an annual study that ranks the top 30 developing countries for retail expansion worldwide. The country with the highest scores is the most potential retail market. The ranking signals that Vietnam is one of the most attractive markets for retail investment.
More and more investors and large economic groups have shown interest in the Vietnamese market due to the success of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in November.
After 25 years, Vietnamese-Korean two-way trade turnover hit $60 billion and is expected to reach $100 billion by 2020.
| The site is done with the technical support of the project BWTO |
