Foreign investors have poured US$10.95 billion into new and operational FDI projects and to buy stakes in local companies in the first four months of 2017, up 40.5 % from the same period last year, according to the Foreign Investment Agency (FIA).
Vietnam’s steady transition to a liberalised economy is the subject of a wide-ranging analysis in a new report by the global research and consultancy firm Oxford Business Group (OBG).
Although Long An province has taken the lead in foreign direct investment (FDI) attraction in the Mekong Delta, it is still using different measures to improve its competitiveness and investment climate so as to become a modern and sustainable industrialised province by 2020.
With its fertile soil and great development potential, Tra Vinh province is expected to become a new centre for trading, aquatic product processing and high-value agriculture of the southern region and the whole country in the near future, said Prime Minister Nguyen Xuan Phuc.
The turnover of foreign-invested firms continues to dominate Vietnamese exports despite a decline seen in the first half of April, latest statistics show.
The northern province of Ha Nam attracted nearly US$29 million from four foreign direct investment (FDI) projects in the first three months of the year, according to Tran Xuan Duong, head of the provincial industrial parks management board.
With the construction of the Lach Huyen International Gateway Port in the northern city of Haiphong and its related infrastructure, Haiphong is fast-tracking its industrial growth, catching up rapidly with the better-developed south.
An expected rise in foreign direct investment and domestic demand will continue driving the local economy forward until next year.
VOV.VN - Vietnam economic growth has moderated in 2016 to 6.2%, accompanied by moderate inflation and a strengthening external position.
The northern province of Bac Ninh is leading the country in foreign direct investment (FDI) attraction, drawing over US$2.6 billion from 14 newly-licensed projects and 48 capital-added projects in the first quarter of this year.
The number of new enterprises established in the country has gone up and the inflow of foreign direct investment into the country has increased, but the quality of national growth remains unaffected or diminished.
The northern province of Thai Binh has so far this year lured 24 projects with a total registered capital exceeding VND2 trillion (US$88.52 million), up 41.2% in volume and doubling in value compared to the same period of 2016.
Ho Chi Minh City attracted US$574.71 million in foreign direct investment (FDI) in the first quarter of 2017, a year-on-year increase of 56.7%, according to the municipal Department of Planning and Investment.
An official has attributed low foreign direct investment (FDI) in the Mekong Delta over the past years to poor infrastructure.
Vietnam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.
The real estate market has been recovering since late 2014, said Dang Phuong Hang, managing director of CBRE Vietnam, and it will remain buoyant this year but challenges will begin emerging.
So many industries are listed as ‘leading-edge industries’ that it is unclear which of these should be accorded top priority for development.
The southern province of Dong Nai attracted US$314 million in foreign investment (FDI) in Q1 2017, up 53.4% year-on-year and reaching 31.4% of its yearly plan, announced the provincial Department of Planning and Investment.
Despite the economic dip in the shipbuilding industry, prospects are bright for the Vietnamese maritime sector thanks to the increasing interest of foreign investors in the field.
Deputy Prime Minister Truong Hoa Binh has asked ministries and Quang Ninh, Khanh Hoa and Kien Giang provinces to submit plans to establish special administrative economic zones in these regions.