HIGHLIGHTS Vietnam: FDI capital flows mainly into technology manufacturing projects Foreign direct investment capital into Vietnam reached nearly 31.4 billion USD in the first 11 months of 2024, with disbursed FDI estimated at about 21.7 billion USD, up 7.1% over the same period in 2023. This has helped Vietnam enter the top 15 developing countries […]
HIGHLIGHTS OF INDUSTRIAL MARKET Vietnam: Expected to account for 8%-9% of global chip assembly, testing capacity In fact, foreign companies have been expanding their chip testing and packaging capacity in Vietnam as industrial activity rapidly shifts away from China. Thanks largely to investments from foreign companies, Vietnam is expected to account for 8%-9% of global […]
HIGHLIGHTS OF INDUSTRIAL MARKET Vietnam: Vietnam’s E-Commerce industry has grown by 18% According to predictions by Google, Temasek and Bain & Company, this year, the size of Vietnam’s e-commerce market is estimated to reach 22 billion USD, ranking 3rd in Southeast Asia. In the region, the size of Vietnam’s e-commerce is currently behind Indonesia […]
VIMF 2024 – Vietnam Industrial & Manufacturing Fair (Northern Chapter) Date: November 6, 2024 – November 8, 2024 City/country: Bac Ninh / Vietnam / Asia Exhibits: Machine Tools & Metalworking, Cutting Tools & Tooling Systems, Welding & Coating, Testing & Measurement, Mould & Die, Software & Prototyping, Surface & Heat Treatment, Material Handling & Storage, Factory Automation, […]
HIGHLIGHTS OF INDUSTRIAL MARKET Vietnam: Attracted nearly 25 billion USD of FDI capital after 9 months As of September 30, the total FDI capital reached more than 24.78 billion USD, up 11.6% over the same period in 2023. In addition, the realized capital of FDI projects is estimated at more than 17.3 billion USD, […]
INDUSTRIAL MARKET Vietnam: Promulgating the Strategy for Developing Vietnam’s Semiconductor Industry to 2030 The Prime Minister signed Decision No. 1018/QD-TTg dated September 21, 2024 promulgating the Strategy for Developing Vietnam’s Semiconductor Industry to 2030 and Vision to 2050. Accordingly, Vietnam will implement the strategy in 3 phases: Phase 1 (2024 – 2030), Phase 2 (2030 […]
INDUSTRIAL MARKET Vietnam: “Catching the wave” of digital transformation and green transformation in the Industrial Park Real Estate A report by the World Bank shows that countries applying high technology to industrial parks can increase foreign investment attraction by 30%. The ability to access cheap green capital and the commitment of countries to reduce CO2 […]
INDUSTRIAL MARKET Vietnam: FDI in Vietnam growing faster than ASEAN average FDI in Vietnam has a compound annual growth rate (CAGR) of 10% from 2010-2023, higher than the average of 7.6% for countries in the ASEAN region. Vietnam’s exports are expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024-2030, while […]
HIGHLIGHTS OF INDUSTRIAL MARKET Vietnam: Potential of Industrial Real Estate before the 4th FDI wave Vietnam is facing the opportunity to welcome the fourth wave of FDI, focusing on high-tech sectors such as electronics, semiconductors, artificial intelligence and renewable energy. Bac Ninh is still a favorite destination for investors with a total registered investment capital […]