General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong has urged Ho Chi Minh City to be proactive in gaining support and assistance from other sectors for its stronger growth.
Adjusting preferential policies for investment projects according to development plans in different areas is essential to attract more foreign direct investment (FDI), Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai said at October 17 seminar in Hanoi.
While successfully hosting the upcoming 2017 APEC Economic Leaders’ Week, Da Nang should spare no effort to become the most livable city in the country, a must-visit tourism destination and a major investment attraction, Prime Minister Nguyen Xuan Phuc said on October 15.
The Ministry of Finance (MOF) has proposed adjusting the rate of the capital assignment profit tax imposed on foreign enterprises in Vietnam in an effort to simplify the process of collection and treatment of corporate income taxes.
VOV.VN - In the past nine months, Vietnam received a total registered FDI of almost US$25.5 billion, up 34.3% from last year.
Standard Chartered Bank (SCB) on October 6 increased its forecast for Vietnam’s GDP growth rate for the whole year to 6.8 percent, higher than the Government’s set target of 6.7 percent.
Vietnam can achieve a whopping 56 percent annual rise in export turnover this year to reach US$275 billion, a senior official has said.
Vietnam’s economy witnessed positive changes in the first nine months of 2017 with growth increasing from quarter to quarter, according to Director General of the General Statistics Office (GSO) Nguyen Bich Lam.
Accumulated foreign direct investment (FDI) in the real estate sector reached US$51.1 billion as of the end of September, accounting for 16.5 percent of the total FDI in Vietnam, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
VOV.VN - Brewer Anheuser-Busch InBev Limited is considering an investment of nearly US$7 million to increase the production scale of two beer plants in Vietnam, according to the company’s Vice President for Asia Pacific South Ken Hitchcock.
The northern port city of Hai Phong attracted more than US$870 million of foreign direct investment (FDI) during the January-September period, fulfilling just nearly 30% of its target set for 2017.
The southern province of Binh Duong pledges to ensure an open and transparent business environment and provide optimal conditions for investors, said Chairman of the provincial People’s Committee Tran Thanh Liem.
The Republic of Korea (RoK) remained Vietnam’s No.1 investor during the January 1-September 20 period, with total investment of US$6.31 billion, accounting for 24.7% of total foreign direct investment (FDI) Vietnam has attracted in the time.
Ho Chi Minh City was the most attractive destination for foreign investors, luring US$3.74 billion in the first nine months of this year, accounting for 14.6% of the country’s total US$25.4 billion.
Vietnam attracted US$25.4 billion in foreign direct investment (FDI) in the first nine months of 2017, up 34.3% year on year, reported the Ministry of Planning and Investment (MPI).
The southern province of Dong Nai attracted 55 new foreign direct investment (FDI) projects and permitted 84 existing projects to add capital in the first nine months of 2017, with a total amount of US$955.5 million, equivalent to 95.5% of the annual target.
Hungarian Prime Minister Orbán Viktor’s official visit to Vietnam from September 24-26 offers an opportunity for both sides to discuss measures to boost bilateral cooperation in various fields, as well as regional and international issues of shared concern.
Chairman of the Da Nang People’s Committee Huynh Duc Tho has asked departments and localities to make thorough preparation for the APEC Economic Leaders’ Week, which is scheduled to take place in the city in November.
Vietnam TDS Co. Ltd., a subsidiary of TDS Co. Ltd of Japan, on September 21 inaugurated a solenoid factory in Dong Van 2 Industrial Park in Duy Tien district of northern Ha Nam province.
The US ranked ninth out of 122 countries and territories investing in Vietnam as of September 2017, with 835 foreign direct investment (FDI) projects worth US$9.39 billion.