Eurocham’s Chairman Alain CanyIn the first quarter of 2022, the Business Climate Index rose to 73 points, reaching its highest level since the fourth outbreak. The figure increased by 12 points compared to the fourth quarter of last year, in addition to an increase of nearly 58 points compared to the third quarter of 2021.Leaders of European businesses are now more optimistic about Vietnam’s loosening anti-epidemic regulations and continuing to recover and develop the economy. The Business Climate Index is likely to maintain this upward trend in the next quarter, with a more upbeat business outlook.Leaders of European business are also making positive forecasts for the future growth of Vietnam’s economy. More than two-thirds of respondents believe that Vietnam’s economy is likely to stabilize and improve in the next quarter. Accordingly, nearly 66% of surveyed respondents expected that revenue will increase in the second quarter of the year, compared with 52% in the previous qu
Despite the difficulties caused by the COVID-19 pandemic, the two-way trade turnover between Việt Nam and the European Union (EU) in the first ten months continued to grow by nearly 20 per cent compared to the same period last year.
Foreign investors maintain interest in Vietnam 16:43 | 07/05/2021
Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Japanâs Sumitomo Mitsui Finance Group (SMFG) outlaid 1.37 billion USD for 49 percent of FE Credit. Illustrative image
Hanoi - Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
In early April, the SK Group of the Republic of Korea announced the signing of an agreement with the Masan Group Corporation to acquire a 16.26 percent stake in VinCommerce, a Masan subsidiary, for a cash consideration of 410 million USD.