While many countries are still suffering under the pandemic and the resulting economic recession, Vietnam has managed to register additional foreign direct investment in 2020. Talking to VIR’s Nguyen Huong, Deputy Minister of Planning and Investment Tran Duy Dong explains why he believes both foreign investment attraction and economic growth of the country will improve significantly next year.
With the mergers and acquisitions market contracting due to pandemic-induced impacts and deal value and volume declining, experts descended on the Vietnam M&A Forum 2020 last week to share their insight on how companies could overcome the harsh environment the year has offered up.
Vietnam is expected to welcome a growing wave of dealmaking involving Japanese companies and investors as the pandemic subsides.
The government’s steady economic restructuring and integration into the global economy have benefited its private sector, with phenomenal growth both in the number of private companies and their contribution to the nation’s GDP. These improvements have resulted in a thriving mergers and acquisitions market. Vu Thanh Le, CEO of LM Capital, discussed with VIR’s Hai Van the key to success in this promising market.
Outstanding dealmakers and advisory firms that have made significant contributions to mergers and acquisitions during a tough period this year were honoured at the Vietnam M&A Forum 2020 last week.
Vietnam's trade turnover is likely to reach US$489.1 billion in the January – November period, representing an increase of 3.5% year-on-year.
The total number of newly-registered and reinstated enterprises in the eleven-month period reached 165,100, up 0.9% year-on-year, averaging 15,000 per month.
Core inflation rose 2.43% year-on-year in the first eleven months of 2020.
The vision of ASEAN young entrepreneurs should be beyond their national borders, for co-operation and prosperity. They should not stop co-operating to reach regional and international customers.
The consumer price index (CPI) in November decreased slightly from the previous month due to lower fuel prices, according to the General Statistics Office (GSO).