Vietnam still has effective tools to proactively control the VND/USD exchange rate in 2024 even if the US Federal Reserve (Fed) has to maintain its interest rates at the current high level for an extended time due to the conflict in the Red Sea and other new uncertainties, experts said.
VOV.VN - Vietnam is viewed as an attractive and potential investment destination with stable policies and abundant human resources, according to foreign businesses.
Real estate has emerged as the biggest recipient of foreign direct investment (FDI) in January while foreigners now also have great demand for property in Vietnam, statistics show.
The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.
About half of Japanese companies operating in Vietnam expected improvements in profits in 2024, a survey conducted by the Japan External Trade Organisation (JETRO) found.
Vietnam had attracted more than US$2.36 billion in foreign direct investment (FDI) as of January 20, an increase of 40.2% over the same period in 2023, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
VOV.VN - Hanoi has attracted more than US$41.1 billion in foreign direct investment (FDI) to rank second in the country behind only Ho Chi Minh City in terms of FDI, according to the Foreign Investment Department under the Ministry of Planning and Investment.
According to the Asia House Annual Outlook 2024, Vietnam's economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment, given the openness of the economy and the strength of its fundamentals.
The joyful atmosphere on those days is a result of Vietnam’s successful navigation through the challenging year of 2023, marked with positive developments.
Industrial parks and economic zones in the northern port city of Hai Phong strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024, according to the city’s Economic Zone Management Board.