VIETNAM NEWS HIGHLIGHTS - NOVEMBER 2021

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.


1. Vietnam Business Operations and the Coronavirus: Updates

Vietnam Briefing

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

2. Standard Chartered pledges US$8 billion investment for sustainable development in Vietnam

Hanoi Times

Vietnam is trying its best to enhance climate resilience and promote green development for sustainability and long-term stability.

3. Vietnam stock market hit a fresh record high

Vietnam Insider

Vietnam’s benchmark stock market index (VN-Index) hit a fresh record high on Thursday, topping the 1,500 point mark for the first time and defying a slump across most other Asian equity markets.

4. Vietnam welcomes back first international tourists

The Saigon Times

HCMC – A Vietnam Airlines flight carrying the first foreign tourists to visit Vietnam after an 18-month suspension of the international tourism segment landed at the Danang International Airport in Danang today, November 18.Vietnam receives the first international tourists after the country reopened its economy – PHOTO: VIETNAM AIRLINES5. Vietnam, Japan issue joint statement, ink 11 deals during PM Pham Minh Chinh’s visit

Tuoi Tre News

Vietnam and Japan have announced a joint statement and signed 11 cooperative agreements during the four-day visit by Vietnamese Prime Minister Pham Minh Chinh and his entourage to the East Asian country starting Monday.Vietnam’s Prime Minister Pham Minh Chinh (L) and his Japanese counterpart Fumio Kishida are seen at an event during PM Chinh’s four-day visit to Japan starting November 22, 2021. Photo: Vietnam News Agency 6. $77-mln industrial park to be built under Vietnam-South Korea economic program

VNExpress

A VND1.78-trillion ($77.4 million) industrial park will be built under a cooperation program promoted by South Korea in the northern province of Hung Yen. 

7. Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report

Nhan Dan

NDO/VNA – Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.

8. Metro era finally begins for Vietnam

Vietnam Investment Review

While the opening of Vietnam’s first metro line starts a new era for urban public transport, local authorities and developers will hope to learn lessons from the painful and costly delays.

The Ha Dong-Cat Linh line in Hanoi is set to be the first of several to be developed this decade, Photo: Le Toan 9. First mobile network providers allowed to pilot mobile money service

Dan Tri

The State Bank of Viet Nam has allowed two mobile network providers to pilot mobile money service in a bid to reduce the use of cash nationwide.

10. Nikkei Asia: Viet Nam leads rapid recovery in Southeast Asian supply chains

VCCI News

Viet Nam in particular is seeing a rapid return to normality as the country has eased restrictions. About 200 factories in the country contracted to make sportswear for Nike have resumed operations, according to a recent article on Nikkei Asia. 


news relative
Vietnam to Increase Regional Minimum Wage from July 2022
Vietnam will increase regional minimum wages by approximately 6 percent from July 1, 2022. The increase varies from US$140 to US$202 depending on the living expenses in a particular region. Businesses should prepare their budgets given the short notice and incorporate the increased HR costs from July 1 and beyond going forward.
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.
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.
VIETNAM NEWS HIGHLIGHTS - AUGUST 2021
The Vietnamese Government is showing its drastic actions to implement its vaccine diplomacy policy for containing the Covid-19 pandemic to soon return to new normal life and recover the manufacturing nationwide.
Virtual Office vs. Shared Office – Which is best for your workspace needs?
A large number of organizations, especially entrepreneurs and small business owners in Vietnam are now looking for workspace options with great flexibility but still minimizing their operation costs, and as a result, virtual and shared offices have incredibly increased in popularity. Both two types of offices can save your business the cost and hassle of setting up an office from scratch, but do you know which one is best for you?
Napping at Workplace and its Benefits
Once considered a taboo, Napping on the job is now promoted due to its several benefits. Today, more and more companies are encouraging employees for a mid-shift snooze.
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