1. Foreign investment on rise in Vietnam
The reports from the Foreign Investment Agency (FIA) showed that foreign investors had registered to invest USD 23.36 billion into Vietnam since the beginning of this year until August 20 period, up 45.1%y-o-y. Last year, Vietnam reported a total registered capital of 24.3 billion USD from foreign investors, up 7.1 percent against the previous year.
2. HCM City’s CPI rises 0.5% in August
According to the municipal Statistics Office, the prices of six out of 11 surveyed goods groups witnessed month-on-month increases, with the highest surge of 2.53 per cent seen in transport. The price of food and catering services went up 0.6 per cent, while the price of culture, entertainment and tourism services increased by 0.3 per cent. The price of housing, electricity, water, fuel and construction materials rose 0.28 per cent, education was up 0.12 per cent and other goods and services increased 0.04 per cent from July.
3. Number of new firms increases by 16%
According to statistics of the Business Registration Department under the Ministry of Planning and Investment, more than 85,350 firms were established in the first eight months of this year with total registered capital of VND 822 trillion. Notably, average capital for a business rose 24.5% over the same period last year to reach VND 9.6 billion.
For more information, click http://www.joneslanglasalle.com.vn/vietnam/en-gb/news/369/jll-market-watch-week-sep-02-2017
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