European businesses continue to see Vietnam as a vibrant market with promising growth prospects, according to the latest data.
Frustrated by inconsistent government policy, companies in the APAC region are taking the lead and calling for intercompany coalitions to advance sustainability goals.
European business leaders remain cautious, but see signs of improvement in Vietnam's economy, according to the latest Business Climate Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham) and produced by Decision Lab.
43 per cent of European companies in Vietnam plan to increase their investment in the first quarter of 2022, 2.5 times as high as the figure of the third quarter of 2021.
With a vaccine-led approach, Vietnam can repeat its achievements in economic growth.
Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.
European business leaders ended 2020 more optimistic about Vietnam’s trade and investment environment than at any point since the outbreak of Covid-19, according to the Business Climate Index (BCI) from the European Chamber of Commerce.
The European Chamber of Commerce (EuroCham) and the Vietnam Chamber of Commerce and Industry (VCCI) has established a new bilateral forum to support the smooth and successful implementation of the EU - Vietnam free trade agreement (EVFTA).
European business leaders were more positive about Vietnam’s trade and investment environment in the first few months after Covid-19, according to data from the Business Climate Index (BCI) of the European Chamber of Commerce in Vietnam (EuroCham).
IFC is pledged to continue working on mobilising finance and unlock private sector solutions to help Vietnam become a modern dynamic middle-income country and realise its renewable energy goal.
Major investments from Japanese and Korean companies are expected to outline a modern urban centre in the western area of Hanoi's West Lake.
A joint venture between FLC Group and Lotte Land has been formed in early June with a chartered capital of over $24 million to invest in a real estate project in Hanoi.
Nicolas Audier, co-chairman of the European Chamber of Commerce in Vietnam (EuroCham), said that the trade pact will benefit not only companies and consumers, but also the welfare, wages and living standards of millions of people in Vietnam.
It is the first time the Ho Chi Minh City-based property developer has appointed a foreign contractor for its high-end projects.
