Tag: FDI
Four-month FDI rises 4.5% to US$9.27 billion
VOV.VN - Vietnam attracted nearly US$9.27 billion in foreign direct investment (FDI) as of April 20, representing an increase of 4.5% year on year, the General Statistics Office (GSO) reported.
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
FDI flow into garment and textile sector bounces back
The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Long An hosts meeting to help RoK businesses solve difficulties
The People’s Committee of the southern province of Long An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doing business in the locality.
ADB upbeat about Vietnam’s 2024 economic outlook, says bank country director
VOV.VN - The Asian Development Bank (ADB) country director for Vietnam Shantanu Chakraborty has said the Asian financial institution is optimistic about the country’s economic prospects this year.
Vietnam advised to utilise opportunities to overcome difficulties
Vietnam needs to take advantage of opportunities to overcome difficulties and keep up with global trends; and create good, better quality foundations in terms of institutions, infrastructure and human resources for breakthrough development, according to an economist.
FDI prospects remain bright spot of Vietnamese economy
VOV.VN - While near-term trade is about to take off again, long-term FDI prospects remain a bright spot of Vietnamese economy, according to the Hong Kong and Shanghai Banking Corporation (HSBC).
HCM City: Q1 economic growth highest in four years
Ho Chi Minh City’s gross regional domestic product (GRDP) was estimated at over VND406.34 trillion (US$16.34 billion) in the first quarter, a year-on-year increase of 6.54%, the highest growth recorded for Q1 since 2020, heard a meeting of the municipal People’s Committee on April 2.
What will Vietnam do to receive fourth wave of FDI?
VOV.VN - Vietnam has been advised to further perfect its institutions and policy formulation in order to attract more foreign businesses from its upcoming fourth investment wave.
