Vietnam’s industrial sector is entering a new phase of growth, and one of the key players shaping this transformation is Becamex IDC. For decades, the company has been a state-backed powerhouse, with the Binh Duong Provincial Government holding 95.44% of shares. Well, That’s about to change! Becamex IDC upcoming public auction of 300 million shares, valued at VND69,600 per share, is set to raise approximately $900 million—making it the largest public share offering in Vietnam’s stock market history. But beyond the headlines, what does this actually mean for us—the developers, contractors, logistics providers, and business owners who operate in this industrial space every day? Let’s break it down.

While U.S. trade and tax policies under President Donald Trump could pose challenges for Vietnam, they also open significant opportunities, according to Pham Luu Hung, Chief Economist at SSI Securities. Speaking at the "Gateway to Vietnam" online dialogue, Hung pointed to a recent JETRO survey showing that 200 Japanese companies have relocated from China to Vietnam, signaling Vietnam’s growing appeal as an investment destination.

Former U.S. President Donald Trump has returned to office with a renewed focus on protectionist trade policies, including new potential tariffs of 25% on imports from Mexico and Canada and 10% on Chinese goods, effective February 4, 2025. These measures, covering $1.6 trillion in trade, mark a major shift in U.S. economic policy with potential global consequences—including for Vietnam.

The Foreign Investment Agency released data on newly registered, adjusted, and capital contributions or share purchases by foreign investors (FDI) after nine months of 2024.

At the Bắc Ninh Provincial Planning Announcement and Investment Promotion Conference, two strategic projects by LOGOS and Sembcorp in Yên Phong II-A Industrial Park officially received their Investment Certificates in the presence of the Prime Minister and Bắc Ninh provincial leaders.

On August 3rd, Taseco Real Estate Investment Corporation, a subsidiary of Taseco Group, held a groundbreaking ceremony for the "Construction and Infrastructure Business of Đồng Văn 3 Support Industrial Park," located east of the Cầu Giẽ - Ninh Bình expressway. The event was attended by Deputy Minister of Construction Nguyễn Tường Văn, Hà Nam's Deputy Secretary Đinh Thị Lụa, Provincial Chairman Trương Quốc Huy, and 500 distinguished guests.

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。

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。

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.

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.

Vice Chairman of the Bac Ninh Provincial People's Committee, Mr. Vuong Quoc Tuan, has recently granted the adjusted investment certificate to Amkor Technology Vietnam Co., Ltd., reflecting an increase of USD 1.07 billion in capital. A Memorandum of Understanding (MoU) was also signed between the Bac Ninh Provincial People's Committee and the Korea Land and Housing Corporation (LH).

Foxconn has just been granted a certificate for a new project in Bac Ninh, continuing its expansion in Vietnam.