VIETNAM NEWS HIGHLIGHTS - JUNE 2021.


Vietnam has progressively put in place a range of social distancing and movement restrictions since the fourth wave of COVID-19 struck, which will have long-term and inequitable impacts on its economy. However, in comparison with other countries in the region, Vietnam has been the least hit and is expected to be the fastest economy to recover.


1. Vietnam business operations and the coronavirus: Updates 

Vietnam Briefing

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

2. FDI inflows remains spotlight of Vietnam's economy

Hanoi Times

The government has set up an FDI task force to support multinationals and foreign businesses grasping investment opportunities in Vietnam.

3. Apple partner to invest additional US$101 million in Vietnam

Hanoi Times

A number of Taiwanese investors are interested in investing in Vietnam. 

4. VN-Index continuously sets new peaks, reaching 1400 points today.

Vietnam Insider

The stock market in the first session of the week on June 28 rebounded strongly, the VN-Index officially surpassed the "dream" mark of 1,400 points to the surprise of many investors.

5. Vietnam prepares to pilot vaccine passports 

The Saigon Times

HCMC - The Ministry of Culture, Sports and Tourism is compiling a plan to receive international tourists holding vaccine passports to Phu Quoc Island, Kien Giang Province. 

6. Vietnam offers best opportunities for European companies

Vietnam Investment Review

About 60 per cent of European companies working in ASEAN say Vietnam offers the best expansion opportunities in the region, according to a survey conducted by Standard Chartered Bank. 

7. HCMC green-lights $29.8 bln public spending

VNExpress

The HCMC People’s Council has approved an outlay of VND687 trillion ($29.8 billion) for spending on transportation, flood prevention, the environment, and hospitals in 2021-25. 

An Phu Intersection in Thu Duc City, HCMC, April 2021. Photo by VnExpress/Quynh Tran.8. Vietnam and Canada Trade: Leveraging the CPTPP

Vietnam Briefing

Vietnam-Canada trade relations reached almost US$9 billion in 2020, an all-time high, thanks in part to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed in 2018.

9. Vietnam’s Binh Dinh Industrial Zone: Opportunities for Foreign Investors

ASEAN Briefing

The local government in Vietnam’s Bin Dinh province approved the construction of an industrial zone in 2020. The industrial zone will be known as the Becamex Binh Dinh Industrial Zone Project. 


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HCM City’s office space market rebounds strongly
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HCMC office-leasing market recovers after pandemic.
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Ho Chi Minh City’s office market is likely to witness a transition from a landlord-favorable to a tenant-favorable sector in the new year, according to data released Friday by Knight Frank Vietnam. Capping off a year that proved solid for landlords, this fourth quarter saw moderate year-on-year rent increases for Grade A landlords to the tune of 2.6%, and a positive net absorption mostly coming from the Saigon South sub-market in HCMC, Vietnam’s largest economic hub, according to the real estate firm.
Ho Chi Minh City plans to resume all economic activities after January 15, 2022, what should enterprises do to re-start their business?
By cafef.vn, HCMC plans to reopen all economic activities after January 15, 2022 in a three-phase roadmap through a so-called “Covid-19 card”. In addition, the City also offers many solutions to support enterprises recover their business and manufacturing after the Covid-19 pandemic.
Hanoi Grade A office rents to slightly rise in last months of 2022
Total new supply in Hanoi office market is estimated at 103,600 square meters in 2022.
Things foreign employers should know when working with Vietnamese employees
Vietnam continues to be a popular investment location, with many foreigners from all over the world flocking to the country to work as expats or start enterprises. However, some people have had difficulties understanding and building positive relationships with the Vietnamese people. If you're one of them, this article somehow can help!
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