vietnam-news-highlights---december-2021

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VIETNAM NEWS HIGHLIGHTS - DECEMBER 2021

By Bloomberg, Vietnam’s economic growth accelerated in the fourth quarter as manufacturing revived and exports extended their recovery from the pandemic slump earlier this year.

1. Vietnam Business Operations and the Coronavirus: Updates

Vietnam Briefing

This article will be updated as further developments in Vietnam become available.

2. Vietnam’s PM approves $209mn S.Korea-funded expressway project in southern province

Tuoi Tre News

A 26km thruway project funded by a South Korean loan of over US$209 million has been approved by Vietnamese Prime Minister Pham Minh Chinh for development in the Mekong Delta province of Dong Thap for five years.

This map shows a 26-kilometer expressway, positioned between the two yellow stars, that will be constructed to connect My An Town and Cao Lanh City in Dong Thap Province, part of the Mekong Delta region in Vietnam. Photo: My Thuan Project Management Board

3. Trade rises to new high

VNExpress

Foreign trade surged 22.6 percent in 2021 to a new high of $668.5 billion despite the supply chain disruptions caused by Covid-19.

4. Samsung to invest additional 850 mln USD in Vietnamese subsidiary

Nhan Dan

Electronics giant Samsung of the Republic of Korea’s recent board meeting has approved the spending of some 850 million USD for its unit in Vietnam to manufacture flip-chip ball grid arrays (FC-BGA), according to KBS News.

5. Quang Tri to develop first airport under the PPP model

Vietnam Investment Review

Quang Tri will develop its very first airport with a total investment capital of VND5.82 trillion ($253 million) under the public-private partnership (PPP) model.

The design of the upcoming Quang Tri airport

6. WB remains positive on Vietnamese GDP growth target for next year

Dtinews

The nation’s target of recording GDP growth of between 6% and 6.5% next year is entirely feasible, providing it can effectively control COVID-19 and ensure supply-demand balance, according to Jacques Morisset, lead economist and programme leader for the World Bank (WB) in Vietnam.

7. Foreign investment up over 9% this year

The Saigon Times

HCMC – Vietnam had attracted some US$31.2 billion in foreign investment in the year to December 20, up 9.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

8. Gov’t Sets Growth Target of at least 6% for 2022

VCCI

The Government sets a growth target of 6-6.5 percent next year, according to a report presented by Prime Minister Pham Minh Chinh at the opening ceremony of the National Assembly’s second sitting this morning.Prime Minister Pham Minh Chinh presents a report at the opening ceremony of the second sitting of the 15th National Assembly, Ha Noi, October 20, 2021. Photo: VGP

9. E-commerce giant Amazon aims to expand in Vietnam

Vietnam Insider

E-commerce giant to promote shipping service under scrutiny elsewhere.

10. Vietnam - a major driver of global trade growth by 2030

Hanoi Times

The country benefits from strengthening international integration through multiple free trade agreements.

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What the return to the office will look like

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VIETNAM REAL ESTATE INVESMENT MARKET OVERVIEW AND OUTLOOK Q2.2023

Stable rental prices were observed in the office market of Ho Chi Minh in Q2 2023.However, the occupancy rate slightly decreased compared to the previous quarter, with Grade A offices reaching 92% and Grade B offices achieving 75%. Additionally, the average rental prices remained relatively unchanged, with Grade A offices ranging from 41-67 USD/sqm/month and Grade B offices around 36 USD/sqm/month. New projects entering the market in outer CBD areas showed a promising occupancy rate of approximately 20-25%. Furthermore, investor are actively seeking tenants, and it is expected that the occupancy rate will increase in the near future.

Co-working Spaces vs. Shared Workspaces. What's the Difference?

If you are looking for a place to work away from home, then coworking spaces and shared office spaces are two popular options to choose from. However, people often mistake the two interchangeably. It is important to distinguish one from another to make an informed decision so keep reading to understand their differences.

Starting off your first office? Here’s what you should consider….

Moving into your first office is a milestone that can help your business to set up and thrive, but when it comes to commercial office lease, it is a complex and lengthy process. Therefore, before making the final decision you will need to carefully consider a lot of things, and here are some important tips to follow throughout the leasing process to make the leasing process go more smoothly.

9 tips for maintaining a healthy work-life balance

Maintaining a work/life balance is easy when you’re a sole trader, right? You typically work from home and you have no one else to answer to, so it should be easy to switch off. Unfortunately, that’s not always the case. In fact, many home-based sole traders struggle to strike a healthy work/life balance because the lines are more blurred.

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