Vietnam’s manufacturing sector has proven a magnet for foreign direct investment in the first quarter, absorbing US$6.54 billion, which accounted for 84.9% of total registered capital in the period.
With the collapse of TPP, the textile & garment industry will have to revise its investment and development strategy.
Foreign investors in Vietnam show an increased level of knowledge and responsibility in respect of environment protection, according to a high-profile survey.
Due to what many perceive as an opening for high-tech applications, Vietnam’s agricultural sector has been becoming increasingly attractive to foreign investors.
Hopes for strong economic reforms in Vietnam are fading after the US withdrawal from the Trans-Pacific Partnership (TPP), according to the Vietnam Economic Report 2016 published in Hanoi on March 16.
The thirst for female workers is real at industrial parks in northern Vinh Phuc province where the more foreign direct investment (FDI) projects arrive, the more demand for female workers rises, as they are believed to be more skilled at certain jobs.
To a certain extent the advantages held by Vietnam vary according to sector, but some of the main advantages perceived by foreign investors include the fact that the country is considered to have a stable political system while there are uncertainties in neighbors such as Thailand and Malaysia.
Foreign direct investment (FDI) firms operating in Vietnam highly evaluated the reform efforts the government, ministries, sectors and localities have made to create a more favourable and healthier business climate, experts have said.
The Central Highlands region is expected to attract more than US$10.1 billion worth of investment in the period of 2016-2020.
Despite facing challenges, Vietnam has great opportunities to sustain its high economic growth rate, a seminar heard in HCM City on March 9.
Vietnam’s import-export revenue has increased four-fold in the past decade after joining the WTO, the General Department of Customs reports.
Foreign direct investment flows into Vietnam’s real estate sector hit US$345.5 million in February, accounting for 10.1 percent in total FDI poured into the country, increasing by 12 times year-on-year.
The northern province of Vinh Phuc has seen positive results in foreign direct investment (FDI) attraction in the first two months of this year as it lured US$46.6 million to eight new projects and four existing ones.
The People’s Committee of northern Bac Ninh province on March 2 granted an investment licence to a project worth US$100 million of the Hanwha Techwin Security Company from the Republic of Korea.
Hai Duong attracted US$128.6 million in foreign investment in the first two months of 2017, representing an 8.4-fold increase from the same period last year.
Foreign direct investment (FDI) flows into Vietnam’s real estate sector hit US$345.5 million in February, accounting for 10.1% in total FDI poured into the country, increasing by 12 times year-on-year.
Most local companies have shown optimism about business results in 2016, providing momentum for further growth in 2017.
Numerous flagship/anticipated real estate projects with foreign direct investment (FDI) from Japan are expected to launch for sale in 2017.
Seven APEC committees and working groups held meetings on February 27 – the 10th day of the first APEC Senior Officials’ Meetings (SOM 1) and related events in Nha Trang city, Khanh Hoa province.
The Mekong Delta province of Long An has offered incentives to lure foreign direct investment (FDI), particularly in hi-tech agricultural projects and green industry.