Singapore is now the fourth largest investor in Vietnam, with 1,063 projects worth $23.3 billion till the end of July, according to Vietnam’s Foreign Investment Agency. In 2012’s first seven months, Singaporean companies committed to invest in 54 projects capitalised at $178 million. see more
Vietnam ranks the 18th place in the world's top 20 countries with over 30 percent of its population accessing the worldwide web, the Vietnam Internet Network Information Center said. see more
Japanese Nipro Pharma Viet Nam Co Ltd has started construction of a pharmaceutical and medical equipment factory in the Vietnam – Singapore Industrial Park in the northern city of Hai Phong. see more
According to the GRDI (Global Retail Development Index), Vietnam is among 30 emerging markets the most attractive one for retail investment in 2008. No competition, 8% GDP growth and the youngest consumer in Asia. see more
HCM City (VNA) - The German-based Metro Cash & Carry said it plans to expand its wholesale-retail network from five to 12 soon. France’s Big C is set to open more outlets and the Republic of Korea (RoK)- based Lotte Mart Group will soon launch its 2nd supermarket in HCMC. GS Retail (RoK), plans to open 10 shopping centers in Binh Duong province in the next 2 years. But while foreign enterprises are scrambling to expand their presence in Vietnam, local rivals appear to be lax. see more