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The average expenditure for science and technology of Vietnamese enterprises is only 0.02% of their total annual spending.
The biggest and most significant conference and exhibition event for start-ups Hatch! Fair opened in Ho Chi Minh City on October 7, attracting more than 150 start-ups, 100 investors and 80 speakers from 20 countries and territories.
After the Asian Development Bank recently lowered its Vietnam growth forecast for this year, the World Bank (WB) on October 5 cut its GDP growth forecast for the nation to 6%, 0.2 percentage point lower than its June projection.
Many big real estate developers have taken bold steps to develop large urban area projects, which in the past were implemented only by foreign investors.
Vietnamese and Indian businesses discussed new cooperation plans, including the establishment of joint ventures in information technology, during a workshop in Ho Chi Minh City on October 6.
Many large foreign corporations have increased investment in the housing market of Vietnam by forming joint ventures or buying shares of domestic enterprises.
Certain interest groups trying to prevent Vietnam’s state-owned enterprises (SOE) from listing on the stock market following their privatization are responsible for causing losses to state coffers, a local finance association warned.
Certain interest groups trying to prevent Vietnam’s state-owned enterprises (SOE) from listing on the stock market following their privatization are responsible for causing losses to state coffers, a local finance association warned.
Việt Nam’s economic growth this year is expected to hit 6 per cent, lower than was forecast in June, according to the World Bank (WB) report on East Asia and Pacific economies, released yesterday.
Japan’s Meade Group, the contractor of the Ho Chi Minh City Urban Railway’s Ben Thanh - Suoi Tien stretch, plans to invest in a high-end real estate project called Wateria Suites in Ho Chi Minh City’s District 2.
While coal-fired power plants are increasing in numbers despite environmental concern, clean energy projects are facing major economic and policy challenges to stay in business.
The establishment of a free trade zone between Vietnam and the Eurasian Economic Union (EAEU) will increase the two sides’ two-way trade from 4 billion USD at present to 8-10 billion USD in the years to come, an official has commented.
