VI EN

VIETNAM NEWS HIGHLIGHTS - MAY 2021.

Despite COVID-19, Vietnam's economy has remained resilient. Let's take a look at its good signals in May 2021.

1. Vietnam business operations and the coronavirus: Updates

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

2. Thaco car maker acquires South Korean retail chain Emart

Emart expects the strategic alliance with Thaco will boost the growth and profitability of the South Korean retailer in Vietnam.

3. US and EU buyers to choose Vietnam as sourcing destination in 2021

Hanoi Times

Global supply chains will turn to Vietnam, India and Turkey for more diverse sourcing.

4. Vietnam’s GDP growth expected to rebound to 6.6% in 2021: World Bank

VCCI News

Vietnam’s exports are expected to perform strongly in 2021, though they face the risks of slackening international demand, said World Bank Vietnam in its recent report on Vietnam’s economy.

5. Vietnam named among top 10 best countries for expats: CNBC

Vietnam Insider

The US news agency CNBC listed Vietnam among the top ten countries, where expats are happiest with work, life, and cost of living amid the Covid-19 pandemic.

6. Vingroup’s withdrawal from smartphone sector hints at Vietnamese handset brands’ unforeseeable misadventure

Tuoi Tre News

With giant Vietnamese conglomerate Vingroup recently announcing that it will stop manufacturing smartphones, there are few domestic brands left to compete with foreign firms in the domestic market.

7. Masan owns 20% of Phuc Long tea & coffee store chain

The Saigon Times

HCMC – The Sherpa Company, a subsidiary of Masan Group Corporation (MSN), today, May 24, announced that it had acquired a 20% stake in Phuc Long Heritage Company, the owner of the Phuc Long tea and coffee store chain, for US$15 million.

8. Australia eyes comprehensive strategic partnership with Vietnam

Vietnam Investment Review

Australian Prime Minister Scott Morrison expressed his wish to elevate the Vietnam-Australia strategic partnership to a comprehensive strategic partnership during an online talk with his Vietnamese counterpart Pham Minh Chinh on May 25.

9. $2 billion investment pouring into Binh Phuoc province

Vietnam Investment Review

46 projects worth $2 billion have been presented with decisions on in-principle investment approval today, with Binh Phuoc calling for another $2 billion to implement 80 projects in 2021-2025.

news relative

What the return to the office will look like

Now, companies all around the world are planning to bring more workers back to the office. One survey of 350 business leaders by staffing firm LaSalle Network found that 70% plan to have employees back in the office in some capacity by the fall of this year.

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."

“Shopping” for a virtual office during the Covid-19 pandemic is surprisingly beneficial.

Will your employees continue to work from home in the future? Is the current office no longer necessary in this difficult time?

VIETNAM REAL ESTATE INVESTMENT MARKET OVERVIEW AND OUTLOOK 2022

The Covid-19 outbreak caused great disruptions to the Vietnam real estate market in the year 2020 to 2021. However, production and business activities have since gradually regained growth momentum, and the Government's policy to push socio-economic recovery and development has shown positive effects since the beginning of this year. In the first 9 months of 2022, Vietnam attracted about US$15.4 billion in foreign investment, up 16.2% over the same period last year. Real estate investment continues to rank second among sectors attracting the most foreign direct investment with over US$3.5 billion received, accounting for 18,7% of the total amount of investment. GDP in the first nine months of 2022 increased by 8.83% over the same period last year, the highest growth in the past decade. This shows that Vietnam is still among the markets with great potential for investment in the Asia Pacific region.

Việt Nam hopes to attract more capital from South Korea

In the next one to two years, the two countries can fully realise the "Dual Goals", which aims at the the milestone of US$100 billion in bilateral trade turnover and total accumulated investment.

How to make a QR code for your office for customer health declaration during the Covid-19 pandemic

A QR code can raise the possibility of customers checking in before entering your office, therefore easy for you and the Government to keep track of the number of people checking in/ out and contact those exposed to Covid-19.

CJ BUILDING

2 Bis - 4 - 6, CJ BUILDING

No. 6 Le Thanh Ton street, Sai Gon Ward, HCMC

Tel: +84 28 6255 6800 | Fax: +84 28 6255 6801

Email: leasing@cjbuilding.com.vn