Economic

10 highlights and outstanding news in Vietnam in June 2024
In June 2024, many important economic, political, and investment events took place in Vietnam, such as President Putin's state visit to Vietnam, the Nhon-Hanoi Station metro line about to be put into operation, and Foxconn investment in a circuit boards factory in Vietnam. Let's look back at 10 outstanding events in June 2024 selected by B&Company
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A speech about assessment of Japanese ODA to Vietnam and challenges
Mr. Tsuno Motonori (currently a senior advisor of B&Company, former chief representative of JICA in Vietnam) gave a speech about “Assessment of Japanese ODA to Vietnam and challenges”
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Declining presence of Japanese companies in Vietnam
Japan used to rank first in terms of FDI in Vietnam, however, in recent years, Japan has been overtaken by South Korea and China is closing in behind. By using B&Company's database, we analyzed the presence of Japanese companies in Vietnam in term of revenue and revenue performance relative to the amount invested. The results showed that Japan was lagging behind other countries such as South Korea, Singapore, and China in their presence in Vietnam
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“Growth” of Vietnam’s economic scale approaching that of Japan
In 2010, Vietnam's GDP was one-38th of Japan's. By 2020, it was about 14 times higher, and by 2022, it will be closer to 12 times higher. This time, we decided to compare this in terms of “growth”. This is because “how new demand will be created” is often more important when companies consider their future activities.
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Industrial structure of Mekong Delta – Vietnam
When you actually visit the area, you will see that there are countless waterways intersecting the lowlands, and small motorized boats are an important means of transportation. The main industries are agriculture and fisheries, and they also make a major contribution to acquiring foreign currency such as shrimp and seafood that come to Japan.
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Social-economic situation in Hanoi (first 6 months of 2019)
GRDP of Hanoi in the first 6 months of 2019 was estimated at USD 15,280 million (~VND 355,408 billion), rose 7.21% compared with the same period in 2018. Among 3 main economic sectors, “industry & construction” sector ranked first in growth rate (8.38%), “commerce & service” sector came the second place with 6.66%, and “agriculture,
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Social-economic situation in HCM City(first 6 months of 2019)
In the first 6 months of 2019, GRDP of Ho Chi Minh City reached USD 26,229 million (~VND 610,096 billion), increased 7.61% compared to the same period of 2018. In aforementioned 7.61%, “commerce & service” accounted for 4.79% and those of “industry & construction” and “agriculture, forestry & fisheries” were 1.54% and 0.04% respectively. Industrial
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Social-economic situation in HCM city in 2016
    GRDP in HCM 2016   Estimated GRDP in Ho Chi Minh City reached 1,023,926 billion VND( real value). Total investment fund in 2016 reached 310,521 billion VND( = 100.13% target)( up 9.26% from 2015). Total retail sale and service revenue in December 2016 reached 66,039.7 billion VND(up 9.2% from last month). Generally, in
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Social-economic situation in Hanoi in 2016
    GRDP in Hanoi 2016   Estimated Gross Regional Domestic Product(GRDP) in Hanoi increased 8.2% from 2016. In 2016, Hanoi investment fund reached 277,950 billions VND (up 10% from 2015), of which government fund increase 15%, FDI fund increase 2.4%, export value in December 2016 reached 928 million USD (up 3% from last month).
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Value import and export in HCM( first 6 months 2016)
    Total Value of Import and Export in Ho Chi Minh City   According to the HCM City Customs Department, total value of import and export turnover in Ho Chi Minh’s check point in the first 6 months of 2016 reached US $ 39.771 billion vnd, an increase of more than US $ 3.4
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