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Update news manufacturing industry
The Vietnamese government is being advised to formulate a new law on industrial development in order for the country to have a more proper legal network that can attract more industrial investors.
Trend of sustainability remains driver of real estate industry
The fourth wave of Covid-19 led to a further disruption in the country’s manufacturing sector in July, with production output falling at the fastest pace since April 2020.
The Ministry of Industry and Trade (MoIT) said that, while most sub-industries are covered by laws, activities in the processing and manufacturing industry have not had specific regulations.
Instead of injecting money into the real estate or service sector which allows profit after a short time, Vietnam’s most powerful corporations are investing in the processing and manufacturing industry.
Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).
Over 31.9 trillion VND worth of G-bonds sold in December; Processing, manufacturing industry performs well in 2014; More positive signs for economy; Retail sales up 10.6% in 2014; Number of re-operated enterprises up 7.1%
VietNamNet Bridge – The Foreign Investment Agency's latest figures showed that disbursed foreign direct investment hit US$11.2 billion in the first 11 months of this year, rising 6.2 per cent year-on-year.
VietNamNet Bridge – The number of Vietnamese companies that have either been dissolved or have suspended operations in the first 10 months of 2014 increased by 9.3 per cent year-on-year to 54,333.