Vietnam produced the fastest growth by gaining 3.5 scores and 10 places in the Global Competitiveness Report 2019 by the World Economic Forum (WEF).
About AmCham Vietnam
AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States.
Entries by AmCham Vietnam
Vietnam’s transformation efforts fetched it the eighth position among the top 20 best countries to invest in by US News & World Report. This is a remarkable improvement against the 23rd position last year, surpassing neighbours like Malaysia, Indonesia, and Singapore.
The Vietnamese aviation market grew slowly in the first half of 2019 with little increases in the number of passengers and flights, falling far short of the double-digit average growth in 2013-2018.
A modern city with many public facilities and utilities serving people, suitable investment attraction, and effectively supporting the policy of relaxing Hanoi’s inner city are the targets of a smart city project in accordance with the development master plan of the Nhat Tan-Noi Bai area.
The Vietnamese insurance market is heating up with many high-value bancassurance deals and mergers and acquisitions (M&A) unveiled recently.
Our business and advocacy efforts have been in full swing this month! We opened September with a successful National Conference and Networking weekend. Our committees have also been very active with information sharing and advocacy, including significant efforts by AmCham’s HR committee on the revised Labor Code. We were also privileged to welcome Consul General Marie Damour to Ho Chi Minh City at a special dinner event with our members and guests.
National Assembly (NA) Standing Committee members spoke out yesterday against a Government proposal to increase the national overtime cap for workers.
With the launch of the social network Lotus, Vietnam Communications Corporation is trying to reshape the domestic advertising market currently dominated by Facebook and Google, and to give more benefits to content creators.
The State budget’s domestic revenue in the first eight months of 2019 is estimated at VNĐ808.8 trillion (US$34.8 billion), according to the Ministry of Finance.
The Government has ordered ministries and sectors to keep up with the set deadlines of key transport and power projects in its resolution on September 13.