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Barron's: Foreign investors laud Vietnam's infrastructure development plan


A man rides a bicycle on an empty street amid lockdown restrictions due to a surge in Covid-19 coronavirus cases in Hanoi last week. - AFP
HANOI, May 16 (Bernama): The US-based newswire barrons.com has published an article analysing positive impacts on Vietnam’s financial market of an infrastructure development plan issued at the 13th National Congress of Communist Party of Vietnam, according to Vietnam News Agency.
The article said the leaders of the Communist Party of Vietnam (CPV) earmarking US$119 billion for infrastructure and committing to increasing the private sector’s contribution to the gross domestic product from 42 per cent to 55 per cent by 2025 have attracted foreign investors and resulted in upbeat signals in the financial market. ....

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Foreign investors laud Vietnam's infrastructure development plan: Barron's


Tuesday, 09:39, 11/05/2021
The US-based newswire barrons.com has published an article annalysing positive impacts on Vietnam’s financial market of an infratructure development plan issued at the 13th National Congress of Communist Party of Vietnam.
The article said the leaders of the Communist Party of Vietnam (CPV) earmarking US$119 billion for infrastructure and committing to increasing the private sector’s contribution to the gross domestic product from 42% to 55% by 2025 have attracted foreign investors and resulted in upbeat signals in the finnancial market.
It cited an example of the VanEck Vectors Vietnam exchange-traded fund, saying it is up 9% since the Congress wrapped on February 2. In addition, Dragon’s United Kingdom–listed Vietnam Enterprise Investments Fund has gained 17% this year. ....

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VIETNAM BUSINESS NEWS MAY 11


VIETNAM BUSINESS NEWS MAY 11
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 11/05/2021
  
14:09
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Vietnam would continue to be world’s second largest rice exporter: US department
The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year.
According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year.
It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes. ....

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