The Vietnamese advertisement market got 1.2 billion dollars in 2011, which meant a growth rate of 15 percent over the previous year. The growth rate was lower than the average rates of 25-30 percent seen in the previous consecutive years. Though the turnover increased, experts have pointed out that this would be a minus growth rate if comparing with the inflation rate. see more
Vietnam’s spending on information technology (IT) is growing at an average rate of 17% per year, almost hitting US$3 billion in 2011 and forecast to reach US$3.5 billion in 2012 if the tempo is maintained.According to the White Book of IT released on the same day, Vietnam’s IT spending is surging by some 17% every year, amounting to US$2.9 billion in 2011, twice as much as the figure of US$1.4 billion in 2006. see more
The Berli Jucker Corporation (BJC), a leading retailer of Thailand, is implementing new plans to penetrate Vietnam’s retail market, with a contract worth from 1 to 3 billion Baht (about 32 – 96 million USD), President of the BJC’s Management Board Aswin Techajaroenvikul said. see more
Qatar is likely to invest about $4b in Vietnam’s real estate market. Le Hong Phan, Vietnam’s ambassador in Qatar shared this information in an interview with Gulf Times newspaper last weekend. Accordingly, Vietnam has signed with Qatar an agreement to construct a training centre. Its location also has been decided. see more
Japan is now the biggest investor in Vietnam , with total registered investment capital of 4.33 billion USD, accounting for 51.1 percent of total FDI in the country, according to the Foreign Investment Department under the Ministry of Planning and Investment.It is followed by Samoa with a total capital of 889.8 million USD of FDI, while the Republic of Korea ranks third with 654 million USD. see more
