The processing and manufacturing sector took the lead in attracting foreign investment in the first three months to March 20, absorbing over US$5 billion, or 49.6%, announced the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.
VOV.VN - AEON Mall Vietnam Co., Ltd and he Thua Thien-Hue province’s People Committee signed a Memorandum of Understanding (MoU) on February 25 to outline the pathway for the opening of a shopping mall in the locality with total investment capital reaching US$160 million.
Public investment disbursement has been accelerated since the opening days of the year as it continues to be seen as an important driving force of economic growth this year, the Dau tu (Vietnam Investment Review) newspaper reported.
Vietnam tops the list of destinations for venture investors for the next 12 months.
Minister of Planning and Investment Nguyen Chi Dung has asked ministries, central agencies, and localities to continue applying measures to speed up the disbursement of public investment capital, with the aim of completing 90% of disbursement planned for 2021 by the fourth quarter of the year.
VOV.VN - Singapore has risen to become the largest foreign investor in Vietnam this year, with total investment capital of US$9 billion, accounting for 31.5% of the overall.
VOV.VN - Vietnam will need US$150 billion, equal to half of its current overall GDP, in order to invest in power projects nationwide over the course of the following decade, according to a seminar held on November 24 that discussed ways to mobilise international capital for independent power projects.
VOV.VN - Vietnam and the Republic of Korea (RoK) should make a greater effort to fully tap potential for stronger cooperation, striving to raise bilateral trade to US$100 billion in the near future.
The Khanh Hoa provincial authorities are seeking permission to develop a casino project on Hon Tre Island in Nha Trang City.
Public investment in August and the first eight months of this year increased 45.4% and 30.4% year-on-year, respectively, according to the General Statistics Office (GSO).