As of now, 69 nations in the world have recognised Vietnam’s market economy status, which will offer great opportunities for Vietnam to boost its investment and trade co-operation globally. Nihad Ahmed, the senior Vietnam economist at Spain based Focus Economics, which provides in-depth economic analyses globally, looks at how Vietnam can seize these opportunities effectively.
The stage of ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2018 welcomes Mr Daniel Pham – VMF’s Director. Daniel shares his experience in Manufacturing in Vietnamese with the topic of “Vietnam an emerging country- a potential for automotive manufacturing?”.
We’re so thrilled to announce that VMF’s Director: Daniel Pham will become one of the speakers on ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2018 which will occur on April 17-18, 2018 in Ho Chi Minh City, Vietnam.
In order to create favorable conditions for manufacturing and supporting industries to approach domestic and foreign partners to expand production, HCM City Department of Industry and Trade, in association with the Management Board of Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA), and The Management Board of the Saigon Hi-Tech Park (SHTP) organize the ” Sourcing fair for supporting industry with buyer 2018″ from March 13, 2018 to March 14, 2018 at the REX Hotel (HCMC).
According to the Business Registration Agency in Vietnam, more than 15,400 enterprises newly registered or reopening their business in the first month of 2018. In a report of the agency, more than 10,800 start-ups with a total registered capital of nearly US $4.33 billion joined this month, which resulted in an increase of 20.6% and 8.9% respectively compared to the same period last year.
As the third largest market in Southeast Asia, Vietnam is one of the fastest growing economies in the world. This is one of many reasons why various investors decided to choose Vietnam as an outsourcing destination. So, do you think Vietnam is a potential market for your business venture? What will happen in the Vietnam Market in 2018 which may influence your decision?
The German Industry and Commerce in Vietnam (GIC/AHK), the Federal Ministry of Economics and Technology (Germany) and the Mechanical Engineering Industry Association (VDMA) organised a conference in Hanoi and HCMC respectively to promote the cooperation level between Vietnamese SME’s and a delegate of German Manufacturing companies.
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