Although the real estate sector has suffered a fall in foreign direct investment (FDI) attraction, experts are still optimistic about its prospects of the sector, especially the industrial segment which is described as a bright spot.
The total inflows of foreign direct investment into Ho Chi Minh City from early this year to May 20 reached over US$1.14 billion, down 13.5% annually, reported the municipal Department of Planning and Investment.
VOV.VN - Vietnam slipped into a trade deficit of US$10.8 billion with the Republic of Korea (RoK) in the first five months of this year, marking a decrease of 38.3% compared to the same period from last year.
VOV.VN - According to data released on May 29 by the General Statistics Office (GSO), Vietnam’s import-export indexes experienced a continued downward trend, though the country still enjoyed a trade surplus of US$9.8 billion.
VOV.VN - Despite the total import export turnover standing at an estimated US$262.54 billion, still down 14.7% over the same period from last year, the import and export turnover in May showed signs of improvement, according to figures released by the General Statistics Office (GSO).
VOV.VN - The Mekong Delta city of Can Tho is fully committed to creating the optimal conditions for businesses, including those from Russia, to operate successfully in the locality.
VOV.VN - Vietnam attracted US$10.86 billion worth of foreign direct investment (FDI) capital during the first five months of the year, marking a decline of 7.3% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).
VOV.VN - Vietnam has yet to lose its advantage as an attractive destination for foreign investment flows, although in the short term investors are carefully considering their decisions, according to Nguyen Xuan Thanh, a lecturer of the Fulbright School of Public Policy and Management.
The global corporate minimum tax is unlikely to impede Vietnam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Vietnam, Michael Kokalari, chief economist at investment fund VinaCapital, said.
VOV.VN - Amid tax incentives no longer being an advantage in attracting foreign direct investment (FDI) into Vietnam, Ho Chi Minh City requires strategic changes to attract more major foreign investors.