The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment held a workshop in Hanoi on December 15 to strengthen links between domestic and foreign direct investment (FDI) enterprises to develop the supporting industry in Vietnam.
VOV.VN - Vietnam’s logistics costs remain high, equivalent to over 20% of GDP while these costs account for between 9% and 14% of GDP in developed countries, according to the Vietnam Logistics Association.
Ho Chi Minh City’s real estate sector attracted US$984.4 million in foreign direct investment (FDI) during January-November, triple the figure from the same time in 2016.
The Japan External Trade Organisation (JETRO) recently held a press conference in Hanoi, where it called for Vietnamese enterprises to do business in Japan, noting the country as an attractive destination for foreign investors.
VOV.VN - Capital investment in the national economy is considered a vote in favour of the Government, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2017 in Hanoi on December 12.
VOV.VN - The annual Vietnam Business Forum (VBF) themed “VBF – 20 years contribution and towards socio-economic development goals by 2020” opened in Hanoi on December 12.
Robust credit growth will help the Vietnamese economy achieve its growth target this year, while export is likely to remain strong and more foreign capital will flow into utilities, says Australia & New Zealand Bank Group.
VOV.VN - Hai Phong City is implementing various measures to maintain last year’s leading position in foreign direct investment attraction against fierce competition with Hanoi and Quang Ninh.
Although FDI has played an important role in boosting Vietnam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.
Ho Chi Minh City needs to speed up December growth to achieve its economic growth target of 8.25%, heard a review meeting on November 30.
The Vietnamese government’s granting of investment certificates to thermal power plants with a total investment capital of $8.37 billion contributed to raising the total value of foreign investment capital in Vietnam to $33.09 billion in 11 months of 2017.
Vietnam’s stock exchange development is forecast to overtake the Philippines in 2017, stated an article carried by the US financial news agency Bloomberg.
Although Vietnam is the world’s 12th largest exporter of electronics and the third largest in ASEAN since 2015, up to 95 percent of the country’s electronics output comes from foreign-owned enterprises instead of domestic ones, the Central Institute for Economic Management (CIEM) has announced.
Foreign direct investment (FDI) in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent.
Vietnam and Slovakia need to hold more trade exchanges, increase multi-channel information dissemination and encourage businesses to establish representative offices in each country, according to participants to a Vietnam-Slovakia business forum.
Amid complaints about foreign firms receiving more government incentives unfairly and overshadowing domestic peers, experts claim that all Vietnamese policies are equal for domestic and foreign enterprises.
While Vietnam needs foreign capital to develop the economy, it also requires advanced technologies to become involved more deeply in the global supply chain.
VOV.VN - National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan on November 27 met with Singaporean investors who came to greet and keep her updated on their business operations in Vietnam.
Productivity and innovation are considered leading factors for Vietnam’s international integration, said Dang Huy Dong, Deputy Minister of Planning and Investment.
The revenue of Vietnam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2025 and nearly VND44 quadrillion ($1.938 trillion) by 2035.