Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than US$14 billion in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
Despite impacts caused by the COVID-19 pandemic, foreign direct investment (FDI) is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world.
Provinces and centrally-run cities in the Southern Key Economic Zone are now more selective in attracting foreign direct investment (FDI) by giving priority to high-tech, environmentally-friendly and less labour-intensive projects.
VOV.VN - Vietnam requires a proper and attractive investment policy and a friendly business climate in order to attract new foreign direct investment (FDI), especially high-quality FDI flows, heard a seminar held on May 15 in Hanoi.
Experts and economists gathered at a seminar in Ho Chi Minh City on May 12 to discuss measures to help the southern largest economic hub enhance its attractiveness to foreign investors amid its standstill situation in drawing foreign direct investment (FDI).
Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth forecast to 6.5% from the previous 7.2% in its recent macro-economic updates about the country.
Foreign investors still put their trust in the Vietnamese economy, but it is important to take measures for sustaining the upward trend in foreign direct investment (FDI), an expert has said.
VOV.VN - Among the 39 countries and territories currently investing in the northern province of Bac Ninh, the Republic of Korea (RoK) leads the way in terms of both scale and investment capital with 589 projects worth about US$13.68 billion, accounting for 65% of total foreign investment capital in industrial parks in the province.
Vietnam’s foreign direct investment (FDI) attraction policy has been improved significantly as foreign investors are now allowed to pour capital into almost areas, a businessperson has said.
VOV.VN - Ho Chi Minh City attracted approximately US$979.65 million in foreign direct investment (FDI) capital during the first four months of the year, representing a fall of 23.45% against the same period from last year, according to the Ho Chi Minh City People's Committee.