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.
The 2017 year-end session of the Vietnam Business Forum (VBF) opened in Hanoi on December 12.
Tim Harcourt, a JW Nevile Fellow in Economics at UNSW Sydneysaid, that Vietnam’s economy is surging, on track to become the newest tiger in Asia, going on to delineate the steps he thinks are required for Vietnam to become a more attractive destination for foreign investment.
Vietnam attracted 24,397 foreign direct investment (FDI) projects worth US$312.9 billion from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy is still modest, necessitating a change in mindset to lure investment.
The Vietnam – Tatarstan Business Forum took place in Ho Chi Minh City on November 20, attracting nearly 50 business representatives from the two countries.
VOV.VN - At present, 65% of small and medium-sized enterprises (SMEs) still find it difficult to seek potential foreign partners and investors due to the lack of co-ordination and a high-skilled labour force.
Vietnam’s economic changes since its first hosting of the APEC Year in 2006 were the main content of an article written by Edmund Sim, which was recently published on The Diplomat magazine.
A photo exhibition highlighting the diplomatic relations between Vietnam and Algeria over the past 55 years was showcased in Hanoi on October 30.
VOV.VN - As of October 20, Vietnam has attracted US$28.24 billion in foreign direct investment (FDI) capital, a year-on-year increase of 37.4%, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The number of foreigners buying real estate products in Vietnam has increased, but the domestic property market needs policies to attract more foreign investment, according to experts.
Amid growing interest from foreign investors, Vietnam will soon consider cutting 50 per cent of personal income tax for employees in high-tech industries, paving the way to attracting more foreign investment in the sector.
An increasing number of youths in Vietnam’s Mekong Delta are seeking job opportunities in Japan for a better future.
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.
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.
The central city has attracted 43 new foreign direct investment (FDI) projects worth US$60 million in the first eight months this year, 4.6 times the amount in the same period last year, vice director of the the municipal Investment Promotion and Support Agency, Nguyen Ky Anh said.
Vietnam might, for the first time, allow 100 per cent foreign-invested firms in three logistics service areas, paving the way for an influx of foreign investment capital in the sector.
In the first eight months of the year Vietnam attracted foreign investment worth more than US$23.36 billion, a year-on-year increase of 45.1%.
The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016.
VOV.VN - At a recent forum in Hanoi, the country’s top economic experts gathered to exchange views on the goal of trade policy to reduce or eliminate the trade deficit with Thailand, reported the Vietnam Investment Review.
VOV.VN - The Economic Intelligence Unit of the Economist has forecast the GDP economic growth of Vietnam to be far below expectations for the five-year period 2017-2021.