Vietnam market attracts French investors

On July 17, 2014, at a press conference, President of World Bank, Mr. Jim Yong Kim informed that WB would provide over 3.8 billion dollars in the preferential credit for Vietnam to help the country raising the additional private capital.

South Korea has recently confirmed its investment in Mekong Delta by supporting local farmers in with the total amount up to $23.5 million. This investment is mainly used for upgrading modern machineries and training human resource.

Vietnam is becoming a potential destination for foreign investors. The clearest evidence is that Vietnam stock market continuously receives positive information from Singaporean investors in the early months.

Some days ago, Ministry of Information and Communication of Vietnam and Japan Ministry of Internal and Communication held Vietnam Japan ICT Forum 2015. Through the cooperation the quality of Vietnam post will be improved significantly.

On May 20th, the conference of investment and commerce promotion between Vietnam and Russia was held in Ho Chi Minh City with the theme of “Hanoi – Moscow Center for Culture, Trade and Hotel: the commercial bridge between Vietnam and Russia.

According to a recent report of Apple, Vietnam has become the hottest market of this company. The revenue of Vietnam Apple market has tripled in the first half of 2014, especially the sales of iPhone has doubled.

In the downtrend of FDI in Vietnam, Japanese enterprises tend to pay more attention in the fields of retail, technology transfer, banking, finance and service in Vietnam instead of the manufacturing sector as before.

Coffee output of Brazil falls sharply, which will be a great chance for Vietnam coffee to surpass world coffee market. By dint of this, the price of Vietnam coffee will increase significantly, creating benefit for farmers planting coffee in Vietnam.

In the World Economic Forum 2015 in Devos, Vietnam economy was promoted in the conference. After the conference, Vietnam hopes the business and investment environment will be improved.

On June 19th 2014, Vietnam Auto Expo 2014 will be opened at the Vietnam Exhibition and Fair Center at 146 Giang Vo Street, Hanoi. The exposition will introduce transport and ancillary industry of Vietnam.