HCM City (VNA) - Garment, food processing, pharmaceuticals, information technology (IT), construction materials, and renewable energy are fields of potential where businesses from Vietnam and India can bolster investment in the time to come. This view was shared at the India-Vietnam Investment Forum, held jointly by the Indian Consulate General in Ho Chi Minh City, the Private Economic Development Research Board, the Investment & Trade Promotion Centre of HCM City, and VinaCapital Group on January 22 in HCM City. Don Lam, deputy head of the Private Economic Development Research Board and CEO of VinaCapital, said Vietnam’s private sector continues to expand despite the COVID-19 pandemic. Nearly 135,000 new enterprises with combined capital of 2.2 quadrillion VND (95 billion USD) were set up last year, a 29 percent increase in registered capital compared to 2019. Vietnamese businesses, both large and small, are ready for economic recovery and development, he said, adding … [Read more...] about India-Vietnam Investment Forum held in HCM City
Vp strategic partnerships
Co-operation a win for real estate groups
Co-operation a win for real estate groups In its 10 years of operations in Vietnam, Gamuda Land has sought partnerships with many national and international sales agencies, with the most distinguished partnership being the one with CenLand in the area of business development, product sales and advertisement, since 2013. During this period of co-operation, CenLand has successfully marketed and sold several real estate products in the Gamuda Gardens township, which is one of the main precincts of Gamuda City - namely The ONE Residence, The TWO Residence, Iris Homes, Lily Homes, and Camelia Homes. In January 2018, Dahlia Homes was revealed to the public by developer Gamuda Land and CenLand. The product is anticipated to be the premier real estate product in the Year of the Dog. … [Read more...] about Co-operation a win for real estate groups
Caution urged for SME fund processes
One of the key challenges that SMEs in Vietnam continue to face is limited access to credit. Recent research on SMEs in Vietnam conducted by John Rand and Finn Tarp at the University of Copenhagen found that about 25 per cent of SMEs face credit constraints and that the demand for credit among small businesses is 115 per cent greater than supply. … [Read more...] about Caution urged for SME fund processes
