vietexplorer0006

In addition to introducing new mechanisms and policies to attract investors in key sectors, Vietnam is also implementing a range of supportive measures. These include developing land funds, industrial park infrastructure, enhancing human resources and the labor market, and improving energy infrastructure, as well as supporting industries. Vietnam has successfully attracted large volumes of capital through both the capital market and foreign direct investment in recent years, significantly contributing to its economic growth. The year 2024 was a landmark for the economy and the capital market, with a total capital mobilization of nearly 930 trillion VND. This amount was 1.3 times higher than in 2023 and equated to 25% of total social investment. The stock market capitalization reached 62.5% of GDP, while the bond market’s outstanding debt stood at 31.5% of GDP. Foreign investors played a significant role, opening nearly 48,000 trading accounts and reaching a total transaction value of...

Ho Chi Minh City has been making waves with its recent bold reforms, aimed at creating a more attractive investment environment. One key initiative, reintroduced in 2024, is the one-stop mechanism at industrial and high-tech parks, designed to streamline investment procedures for businesses. This efficient approach has paid off, according to the Management Board of the Saigon Hi-Tech Park (SHTP). They report a significant reduction in the time needed for investment procedures, now taking just six to four months, a far cry from the previous two-year wait. Alongside procedural improvements, the city is also investing heavily in inter-regional transport and digital infrastructure, further enhancing its appeal. These advancements have not gone unnoticed by high-tech giants. NVIDIA, Marvell, Hyosung, and Evolution Data Centers Group are among those increasing their investments in Ho Chi Minh City. NVIDIA, in particular, has shown great interest in the city’s potential, sending re...