BDG Vietnam - Economy NewsRead the latest news on Vietnam's economy.

Singaporean firms see Vietnam as an attractive market

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

Foreign Retailers to move in on Vietnam

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