Tag: advantages

Utilization rates down to 32.7 per cent in 2021 from 39.7 per cent in 2017.

Mr. Furusawa Yasuyuki, General Director of AEON Vietnam, said the company has many opportunities to develop and expand in Vietnam. The country has a high-growth economy and young population, similar to Japan 40 or 50 years ago when AEON Japan developed strongly. This advantage will become a driving force for AEON to develop in Vietnam.

The Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai said on October 23 that the city is coordinating with investors and the Ministry of Transport to build the Can Gio International Transshipment Port. He said the project is not only meaningful in terms of benefits but also enhances the competitive advantage of the southern region in particular and Vietnam in general in Asia and the world, boosting FDI inflows.

Mr. Choi Joo Ho, General Director of Samsung Vietnam, told the Multilateral Forum (MSF) 2022 on improving Vietnam’s position in global value chains, held on October 19, that the country holds many advantages in this regard, such as a dynamic economy and expanding consumer market. To use these advantages, it is necessary to expand participation in global supply chains by promoting supporting industries.

Central Da Nang city has a particularly favorable geographical location and is one of the coastal gateways in the East-West Economic Corridor, with the potential to become part of a global production and supply chain network due to connections with the Pacific and Indian Oceans. Under its plan, the city will have five main logistics centers on a total area of 229 ha. The most prominent is the Lien Chieu Port Logistics Center, which will be on 30 ha by 2030 and 69 ha by 2045.

On July 24, at a meeting with leaders from north-central Nghe An province, Prime Minister Pham Minh Chinh emphasized that the province has a lot of potential and advantages from its seas, forests, and borders, adequate transportation network, and international connections. Opportunities and resources for future breakthroughs are therefore significant.

Boasting many advantages in natural beauty that few places can compete with as well as outstanding tourism infrastructure with leading world resorts, Da Nang is considered a unique destination. According to observers, however, the central city’s tourism sector has not yet become an international brand. The city lacks a tourism ecosystem for high-end travel, so it must renew itself.

Vietnam’s capital market is developing quite quickly, according to Professor Hoang Van Cuong, a Member of the National Assembly’s Committee for Financial and Budgetary Affairs. The market reached 134.5 per cent of GDP last year, or 3.5 times higher than in 2015. It still has limitations and shortcomings, however, and needs to be transformed from quantity to quality to ensure sustainable development.