In June 2024, many important economic, political, and investment events took place in Vietnam, such as President Putin's state visit to Vietnam, the Nhon-Hanoi Station metro line about to be put into operation, and Foxconn investment in a circuit boards factory in Vietnam. Let's look back at 10 outstanding events in June 2024 selected by B&Company

Mr. Tsuno Motonori (currently a senior advisor of B&Company, former chief representative of JICA in Vietnam) gave a speech about “Assessment of Japanese ODA to Vietnam and challenges”

Japan used to rank first in terms of FDI in Vietnam, however, in recent years, Japan has been overtaken by South Korea and China is closing in behind. By using B&Company's database, we analyzed the presence of Japanese companies in Vietnam in term of revenue and revenue performance relative to the amount invested. The results showed that Japan was lagging behind other countries such as South Korea, Singapore, and China in their presence in Vietnam

In 2010, Vietnam's GDP was one-38th of Japan's. By 2020, it was about 14 times higher, and by 2022, it will be closer to 12 times higher. This time, we decided to compare this in terms of “growth”. This is because “how new demand will be created” is often more important when companies consider their future activities.

When you actually visit the area, you will see that there are countless waterways intersecting the lowlands, and small motorized boats are an important means of transportation. The main industries are agriculture and fisheries, and they also make a major contribution to acquiring foreign currency such as shrimp and seafood that come to Japan.

GRDP of Hanoi in the first 6 months of 2019 was estimated at USD 15,280 million (~VND 355,408 billion), rose 7.21% compared with the same period in 2018. Among 3 main economic sectors, “industry & construction” sector ranked first in growth rate (8.38%), “commerce & service” sector came the second place with 6.66%, and “agriculture, forestry and fishing” had lowest growth rate (1.15%). Industrial production index in the first 6 months of 2019 rose 7.3% compared to the same period last year. In which, the processing industry increased by 7.4%; electricity production & distribution rose 8% and water supply and garbage processing increased by 7.4%. On the other hand, the

In the first 6 months of 2019, GRDP of Ho Chi Minh City reached USD 26,229 million (~VND 610,096 billion), increased 7.61% compared to the same period of 2018. In aforementioned 7.61%, “commerce & service” accounted for 4.79% and those of “industry & construction” and “agriculture, forestry & fisheries” were 1.54% and 0.04% respectively. Industrial production index increased by 7% compared to the first 6 months of 2018. In particular, electricity production and distribution 8.7%, processing and manufacturing industry increased by 7.0% and water supply & waste treatment increased by 1.1%. The total export value of city enterprises exported through the city port (including crude oil) in the first 6

    GRDP in HCM 2016   Estimated GRDP in Ho Chi Minh City reached 1,023,926 billion VND( real value). Total investment fund in 2016 reached 310,521 billion VND( = 100.13% target)( up 9.26% from 2015). Total retail sale and service revenue in December 2016 reached 66,039.7 billion VND(up 9.2% from last month). Generally, in 2016, total revenue reached 682,703 billion VND( up 9.1% from 2015)     Export and Import Value in HCM     Total export value in December 2016 reached 3,219.7 million USD( up 13% from last month). In 2016, export value reached 31,799.8 million USD( up 5.2% from 2015). Total import value in December 2016 reached

    GRDP in Hanoi 2016   Estimated Gross Regional Domestic Product(GRDP) in Hanoi increased 8.2% from 2016. In 2016, Hanoi investment fund reached 277,950 billions VND (up 10% from 2015), of which government fund increase 15%, FDI fund increase 2.4%, export value in December 2016 reached 928 million USD (up 3% from last month).   Export and Import Value in Hanoi    Generally, in 2016 export value reached 10,613 million USD, in which regional export value reached 8,143 million USD. Import value reach 24.833 million USD, in which regional import value reached 10,844 million USD    

    Total Value of Import and Export in Ho Chi Minh City   According to the HCM City Customs Department, total value of import and export turnover in Ho Chi Minh’s check point in the first 6 months of 2016 reached US $ 39.771 billion vnd, an increase of more than US $ 3.4 billion (9.47%) compared to the same period in 2015.   Comparison with 2015   In particular, import turnover reached US $ 21.152 billion, up 8.63%, export turnover reached US $ 18.619 billion, up 10.45%, compared to the same period in 2015.   Tax Revenue in Ho Chi Minh City   With the rising turnover of