The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year.

Citi on Friday announced it has reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Viet Nam, Indonesia, Malaysia and Thailand. 

Around 26,000 apartment units are expected to be launched in Ha Noi in 2022, signaling a vibrant outlook for the segment, according to real estate service provider Cushman & Wakefield (C&W) Vietnam.

Nova Consumer, a member of NovaGroup, has announced plans for an initial public offering of 10.9 million shares at a minimum price of VND43,462.

The US Patent and Trademark Office (USPTO) has recently recognised the exclusive patents in the US for two applications of the Viettel High Technology Industries Corporation (VHT) – a member of the Viettel Military Industry and Telecoms Group.

Viet Nam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.

Talking to Kinh te & Do thi (Economics & Urban Affairs) Newspaper, economist Nguyen Tri Hieu said in the immediate future, there must be a timely solution to support businesses to ensure the "dual goal" of fighting the pandemic and maintaining production and business. In the long term, it is necessary to develop a new strategy for supporting industries, as well as diversifying import and export markets to avoid risks from all fluctuations in the world.