Vietnam has solidified its position as the most attractive investment destination for Taiwanese companies in Southeast Asia and globally, Deputy Minister of Planning and Investment Tran Duy Dong told the Vietnam-Taiwan business forum in Hanoi on April 8.
The number of new enterprises and those resuming their operation this month reached 27,335, up 5.5% year-on-year, and more than 1.3 times higher than the average figure in the 2018-2023 period, statistics show.
VOV.VN - Vietnam is viewed by international organisations as one of the most successful countries in attracting foreign direct investment (FDI) thanks to its streamlined investment environment and investment incentives, reported Dau Tu (Investment) newspaper.
The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.
VOV.VN - While the tide of global trade has yet to stage a meaningful rebound, Vietnam has started the second half of the year with some stabilisation in its external sector, according to July’s data on the Vietnamese economy released by HSBC.
VOV.VN - Taiwanese electronics giant Foxconn recently injected nearly US$250 million into two factories in Quang Yen district of the northern province of Quang Ninh.
Ho Chi Minh City authorities have actively collaborated with local businesses to strengthen trade promotion activities, aiming to promote the export of mechanical and digital technology products and electrical equipment, which are of strengths of the southern economic hub.
Vietnam’s logistics industry is gaining recognition in the global market, with growing expectations that it will emerge as a “rising star” in Asia.
VOV.VN - Vietnam is looking for solutions to retain foreign investment firms, especially giants such as Samsung, Apple, and Foxconn, in the event that the global minimum tax is applied in the country.
Swiss daily Tribune de Gèneve has recently published an article hailing Vietnam as a new destination for foreign companies.