The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with US$766 million, accounting for 14.1% of total FDI.

Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.

VOV.VN - Vietnamese gross domestic product (GDP) grew by 3.32% in the first quarter of the year, the second lowest rate in the 2011 - 2023 period, according to the General Statistics Office (GSO).

Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-US$1-million projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.

VOV.VN - Vietnam’s gross domestic product (GDP) grew by 3.32% in the first quarter of the year, higher only than the growth rate of 3.21% recorded in the first quarter of 2020 in the 2011 to 2023 period, and the growth nears the 13-year lowest level, according to the General Statistics Office (GSO).

VOV.VN - The nation has emerged as one of Malaysia’s closest partners over recent years, both economically and socially, according to Malaysian Ambassador to Vietnam Dato Tan Yang Thai.

Although Vietnam always eyes to attract investors from US and Europe, intra-ASEAN investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

VOV.VN - Vietnam attracted nearly US$5.45 billion in foreign direct investment (FDI) in the first quarter of the year, equivalent to 61.2% against the same period from last year, according to the Ministry of Planning and Investment.

VOV.VN - The nation is rapidly becoming an attractive retail market for companies globally, particularly as many regional and global FDI investors recently revealed their plans to increase capital and expand distribution networks in the Vietnamese market.

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.