Investments in HCMC’s export processing zones and industrial zones were worth US$1.012 billion last year, the highest in the last 30 years.

Vietnam’s GDP is on a firm recovery track and growth can reach 6% this year, according to lender HSBC.

Vietnam was able to report strong foreign investment attraction results for the whole 2023 on the back of efforts to improve the domestic investment climate.

President Vo Van Thuong has called on the US-APEC Business Coalition to push for Vietnam’s recognition by the U.S. as a market economy.

A number of investors from Europe, Japan, the U.K., and the U.S. are waiting in the wings to enter Vietnam, according to M&A experts.

Vietnam is seeing signs of recovery in exports as global demand warms up, but improvement is uneven across sectors, analysts say.

Over $15.29 billion was channelled into 2,608 new foreign direct investment (FDI) projects as of October 20, respectively up 54% and 66.1% year on year, statistics showed.

President Joe Biden has reaffirmed that the US places importance on its relations with Vietnam and supports a strong, independent, self-reliant and prosperous Vietnam.

The upgrade of the bilateral relationship to a comprehensive strategic partnership between Vietnam and the United States is expected to create unprecedented opportunities to promote new cooperative fields, according to insiders.

Thomson Medical Group, led by Singaporean billionaire Peter Lim, has cut a deal to acquire the company holding the shares of FV Hospital in HCMC for a value of US$381.4 million, reported international media.

Economic, trade, and investment ties between Vietnam and the Republic of Korea (RoK) are anticipated to make further breakthroughs in all aspects with greater achievements, said Prime Minister Pham Minh Chinh.

The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.