Customers go shopping at Co.opmart. (Photo: SGGP)

Vietnam’s retail market before EVFTA takes effect

Over the past years, with the advantage of a potential distribution market thanks to a large population size of 96 million people, and young population structure with 60 percent of the population at the age from 18 to 50, along with other favorable factors, the wave of domestic and foreign direct investment capital has continued to pour into the retail industry of Vietnam.
Food processing at an enterprises whose controlling stake is held by CJ Group. (Photo: SGGP)

Processing industry lures FDI capital

According to the Ministry of Planning and Investment, the manufacturing and processing industry saw a strong increase in foreign direct investment (FDI) capital in Vietnam with registered capital of more than US$12.09 billion, accounting for 72.2 percent of total newly-registered capital and South Korea continued to be the largest investor.
  Producing electronic components at Nidec Tosok Company in Tan Thuan Export Processing Zone in Ho Chi Minh City. (Photo: SGGP)

Vietnamese market attractive to foreign enterprises

The Ministry of Industry and Trade has recently cooperated with relevant departments to organize an event to promote export and connect market for domestic and foreign enterprises, attracting 850 enterprises from 20 countries and territories.
Myanmar attracts $3.5 billion in FDI in 10 months. (Photo: Reuters)

Myanmar attracts US$3.5 billion in FDI in 10 months

A total 224 foreign enterprises were permitted by the Myanmar Investment Commission (MIC) to invest more than US$3.5 billion in the country in the first 10 months of the fiscal year 2018 – 2019, said the Directorate of Investment and Company Administration (DICA) on August 26.