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General Market Insights ionicons-v5-p
Ha Nam province launches a new 220-ha Industrial Park in Dong Van

Ha Nam province launches a new 220-ha Industrial Park in Dong Van

[CN] 2024上半年越南经济形势:促进增长 稳定宏观经济大盘

2024年上半年,越南各省市陆续公布了地区生产总值(GRDP)。许多地方增速令人瞩目,有的省份增长率超过14%。2024年上半年,全国国内生产总值(GDP)增速为6.42%。这一成果体现了各级部门、地方和企业界的巨大努力,确保实现增长目标,稳定宏观经济大盘。

[CN] 中国学者潘金娥:阮富仲总书记圆满完成了共产党人和国家领导人的历史使命

阮富仲总书记已经圆满出色地完成了作为一个共产党人、一个国家领导人的历史使命,鞠躬尽瘁,把越南党、国家和人民引领上一条前途光明的发展道路,也为中越关系擘画了美好的未来。

Vietnam: Foreign Direct Investment Hits 5-Year High in First 6 Months

According to the Ministry of Planning and Investment, in the first six months of this year, foreign direct investment (FDI) in Vietnam reached approximately USD 10.84 billion, marking an 8.2% increase compared to the same period last year. This represents the highest FDI inflow in the first half of the year over the past five years.

GLOBAL MINIMUM TAX AND ITS IMPACT ON VIETNAM

The global minimum tax is a matter of great concern for both the international investor community and the host countries. As a destination for significant foreign investment, Vietnam is expected to be significantly affected by the implementation of the global minimum tax, especially in terms of investment promotion, incentives, and support for foreign investors. The global minimum tax is expected to come into effect at the beginning of 2024, and Vietnam needs to quickly implement measures to respond and mitigate the adverse impacts of this new mechanism.

Manufacturing ionicons-v5-p
Over VND 10,000 Billion in profit for LG in 03 Factories in Vietnam

Over VND 10,000 Billion in profit for LG in 03 Factories in Vietnam

Samsung Display Vietnam Reports a 63% Decline in Profits Amid Challenges in the Display Sector

Samsung Display, renowned for researching and manufacturing LCD and OLED screens with state-of-the-art technology for phones, TVs, and computers, faces continued challenges in the display segment.

Rising Tides in Tech: How Chinese Suppliers are Reshaping the Southeast Asian Market

Chinese tech suppliers are taking the battle for business to Southeast Asia, where Taiwanese and other rivals have long been helping the likes of Google and Apple expand production.

Vietnam's Apple Supplier Network Expands to 35 in 2023: A Growing Ecosystem

The number of Apple partners setting up factories or offices in Vietnam increased from 27 to 35 from 2022 to 2023, ranking first in the region and fourth in the world.

Semiconductor Companies by Industry Revenue Share

We analyze the market shares of leading semiconductor companies based on their revenue contribution in 2023, utilizing insights from Omdia research.

Real Estate ionicons-v5-p
Ha Nam province launches a new 220-ha Industrial Park in Dong Van

Ha Nam province launches a new 220-ha Industrial Park in Dong Van

Logos Yen Phong IIA Project Breaks Ground

On May 30,2024, the groundbreaking ceremony for the Logos Yen Phong IIA project was officially held in Hoa Tien Commune, Yen Phong District, Bac Ninh Province. This significant event was organized by LOGOS Property and related parties.

Foreign investment in property sector jumps by 70%

Foreign direct investment (FDI) in the property sector has jumped by 70 per cent year-on-year to over US$1.98 billion as of May 20, 2024.

FDI Inflow into Real Estate Surges Fourfold Compared to 2023

The influx of foreign capital into the real estate sector since the beginning of the year has reached $1.68 billion, quadrupling compared to the same period in 2023, indicating that the Vietnamese real estate market remains attractive to foreign real estate giants.

Newly leased industrial land area in the North five times larger than that in the South

There were no new industrial park projects launched in Vietnam in the 1st quarter of 2024. Existing industrial parks in the North attracted new tenants totaling 110 hectares, while in the Southern market, it was only over 20 hectares (Source: CBRE)

Renewable Energy ionicons-v5-p
Prime Minister: Quang Trach I Thermal Power Plant to be Completed by August 2025

Prime Minister: Quang Trach I Thermal Power Plant to be Completed by August 2025

Approved power capacity from renewable energy sources by 2030

In Decision No 262/QD-TTg dated April 1, 2024, Vietnam's Prime Minister approved the implementation plan for the National Power Development Master Plan in the 2021-2030 period with a vision to 2050.

Vietnam's Energy Path: PD8 Implementation Insights

With the unveiling of the awaited PDP8 Implementation Plan last week, here's what's noteworthy:

Vietnam: Renewable energy electricity reaches 22,541 MW.

According to a report from the National Power System Dispatch Center (A0), as of the current time, Vietnam's total electricity generation capacity has reached 84,360 MW, of which renewable energy electricity has reached 22,541 MW, accounting for nearly 30% of the system excluding hydropower.

The world added 50% more renewable capacity last year than in 2022

Clean energy boomed in 2023, with 50% more renewables capacity added to energy systems around the world compared to the previous year.

Construction ionicons-v5-p
Long Thanh Airport Takes Shape After Over Three Years of Construction

Long Thanh Airport Takes Shape After Over Three Years of Construction

Tamagawa Vietnam Breaks Ground on New Manufacturing Plant in Quang Ninh

On May 17th, Tamagawa Vietnam Co., Ltd., a subsidiary of Japan's Tamagawa Seiki Corporation, held a groundbreaking ceremony for its new manufacturing plant located in Song Khoai Industrial Park, Quang Yen Town, Quang Ninh Province.

World’s biggest jeweler Pandora breaks ground on a $150 million factory in Vietnam

Danish jewellery maker Pandora started construction of a $150 million factory in the southern province of Binh Duong province on May 16.

Top 10 Leading Contractors in Vietnam for 2024 announced

BCI Central officially announces the BCI Asia Top 10 Investors, Top 10 Architectural Companies and Top 10 Contractors in Vietnam for the year 2024. The awarded entities will be honored at the BCI Asia Awards 2024 ceremony on the evening of May 31, 2024, at the Sheraton Saigon Grand Opera Hotel, Ho Chi Minh City.

Thai Binh Province breaks ground on a $200 million factory

Taiwan-headquartered Pegavision Corporation broke ground on a factory for manufacturing and assembling optical products and medical equipment in Thai Binh province on March 5.