FDI in Binh Duong will exceed 2.6 billion USD

According to the People’s Committee of Binh Duong province, the estimation the province’s FDI this year will exceed 2.6 billion USD, much higher than a lot of goals set from the beginning of the year which is just over 1 billion USD. Moreover, many FDI enterprises operating in the area have also increased investment capital. … Read more

Macro-economy updates October 2012

 The fourth session of the National Assembly term XIII opened in the morning October 22. This is the last session of the year, so together with considerations on socio-economic problems, the NA also spends a large amount of time for completing law. Government admitted, of 15 targets approved by the NA for 2012, as many … Read more

Finance and Banking report in Q3/2012

Total deposits According to Hanoi Statistics Office, total deposits of Hanoi-based credit institutions in September 2012 reached 851.647 trillion VND, rising 1.09% on month and surging 3.63% from December 2011. Savings increased 2.5% and 17.11%, payment deposit up 0.2% and 2.95% and valuable paper issuance up 0.15% and down 34.7% respectively. Ho Chi Minh City Statistics … Read more

Economic Report in Q3/2012

In general, the country’s socio-economy in the first 9 months of 2012 continued to face many difficulties and challenges. Sluggish Investment activities together with decreasing exports in almost economies led to low growth. In the country, the narrowed goods consumption market has led to high inventory. GDP increased over quarters, but lower than the growth … Read more

One more investment project from Japanese investor.

Hoa Nguyen, ANT Consulting A leading Japanese company is preparing to build a factory in Vietnam. It is Fuji Xerox. Although they make investment through , based in Singapore, but the fact that a Japanese brand continue to choose Vietnam as an investment destination has contributed to confirm the trend of investing in Vietnam of … Read more