VIETNAM NEWS HIGHLIGHTS - SEPTEMBER 2021


Provinces and cities in Vietnam gradually returning to new normal in September, promising an economic boost for the last three months of 2021.

1. Vietnam Business Operations and the Coronavirus: Updates

Vietnam Briefing

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

2. Vietnam to raise capital expenditure to 22.7 billion USD in 2022

Hanoi Times

The Government would focus on accelerating the progress of national projects, especially expressways, seaports, digital infrastructure, as well as those in fields of innovative startups in 2021.

3. Thailand’s investor adds 353 million USD to expand its business in Vietnam

Vietnam Insider

A new facility will be built in Vinh Phuc province in northern Vietnam, to begin operations in early 2024

4. HCMC seeks VND17 trillion from central Government to fund 3 key projects

Saigon Times

HCMC has proposed the central Government use over VND17 trillion from the State budget for the 2021-2025 period to partially or wholly fund three major infrastructure projects. A view of the Xuyen Tam Canal which has been severely polluted - NLDO

5. Vietnam prepares to welcome vaccinated foreign tourists to Phu Quoc

Tuoi Tre News

Vietnam's Ministry of Culture, Sports, and Tourism has proposed that Phu Quoc island, off the southern coast, welcome international visitors with 'vaccine passports' in October.

6. Vietnam to attract 30 billion USD in FDI in 2021

Vietnam Times

Vietnam may attract about 30 billion USD in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2 percent, forecasting a positive sign in FDI attraction in the first eight months of 2021. 

7. ADB pegs Vietnam growth at 3.8%

VNExpress

Asian Development Bank has once again lowered its growth forecast for Vietnam by two points to 3.8 percent as the Covid-19 resurgence disrupted supply chains.

An official and a volunteer remove barbed wire set up as social distancing measure amid the Covid-19 pandemic in downtown Hanoi, Sep. 21, 2021. Photo by VnExpress/Ngoc Thanh 

8. Priority proposed for construction projects of nine railroad routes

sggpnews

According to the draft railway plan for the 2021-2030 period with a vision to 2050 summited to the Ministry of Transport by the Vietnam Railway Authority, the ministry should give priority to construction projects of nine railroad routes in the period of 2021-2030.

9. Bamboo Airways launches 'historic' direct Vietnam-US flight

VNExpress

Bamboo Airways conducted its first direct flight from Vietnam to the U.S. Thursday night.

10. Last train of Hanoi's second metro route arrives in Vietnam

Tuoi Tre News

The last train of the second urban railway project in Hanoi was shipped from France to Hai Phong Port on Thursday and will be transported to the capital city soon, the Hanoi Metropolitan Railway Management Board (MRB) reported.



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VIETNAM NEWS HIGHLIGHTS - SEPTEMBER 2021
Provinces and cities in Vietnam gradually returning to new normal in September, promising an economic boost for the last three months of 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."
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.
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