All localities have geared up for the race to lure more foreign investors, especially when economists have predicted a new foreign direct investment wave heading for Vietnam.

Vietnamese enterprises have geared up to prepare to boost their exports to the Japanese market – the market which is believed to open more widely after the official visit by the newly elected Japanese Prime Minister Shinzo Abe.

VietNamNet Bridge – The banking sector has become boisterous with a lot of big shareholders selling their shares in big quantities to quit the business field. Meanwhile, a lot of hidden “big guys” have jumped on the bandwagon.

The expanded investment projects will also be able to enjoy the investment incentives like the ones given before to the initial projects, if the proposal of the Ministry of Finance (MOF) is ratified by the National Assembly.

The foreign direct investment (FDI) in the real estate sector in HCM City decreased sharply in 2012. However, experts say this is not bad news at all.

The number of Vietnamese businesses have been decreasing sharply in recent years, according to official reports by state management agencies.

Govt leaders outline FDI roadmap to boost growth; SBV submits asset management plan; Thai company acquires majority stake in tile firm; State-owned food processor to divest from affiliates; Monetary policies stabilise economy

VietNamNet Bridge – They are the big businessmen in their fields and their names appear regularly on local newspapers. However, they have been well known for the activities relating to the showbiz, rather than business activities.

VietNamNet Bridge – E-government has not only been existing on paper, but it has become true when local authorities have been making every effort to implement the model in their localities.

 VietNamNet Bridge – Economists have outlined three alternative scenarios for the national economy in 2013, each extrapolated from the hypothetical GDP growth rates of 5, 5.68 and 6.34 percent.

Some investment fund management companies have been moving ahead with their plan to set up open end funds.

While other investment channels have been shrinking in the economic downturn, government bonds have been yielding big fruits. What’s behind this?

The government is considering slashing the lending interest rate to 10 percent in an effort to rescue businesses which have been thirsty for capital. However, this has not been welcomed by commercial banks.

The goal of building an e-government may be unattainable due to the lack of money, labor force and other problems.

Gloomy picture on youth employment; State Bank may apply ceiling lending interest rates this year; Slow sales means big discounts on new clothing; 70 securities firms may be shut down; Nation to remain manufacturing hotspot

Businesses have been caught into a vicious circle. Since they cannot borrow money, their production has become stagnant and they cannot pay bank debts. And since they cannot pay debts, they cannot access bank loans.

VietNamNet Bridge – No one knows exactly about the actual business performance of state owned enterprises (SOEs), and no one has sufficient information enough to give early warnings to businesses.

VietNamNet Bridge – They are the Vietnamese people who have set themselves up in business, settled overseas and become millionaires.