VOV.VN - Favourable fundamentals have positioned Vietnam as a prime FDI destination, even as it outperforms its ASEAN peers, according to HSBC’s latest report titled “Vietnam at a glance: FDI - Back to the basics”.
Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.
With significant strides in mechanical engineering, particularly in agriculture, Vietnam is now working to increase the localisation rate in industrial production.
VOV.VN - Vietnam attracted more than US$18 billion in foreign direct investment (FDI) during the past seven months of the year, representing an increase of 10.9% against the same period from last year, according to details given by the Foreign Investment Agency (FIA).
As many as 40.7% of the enterprises expect their business performance in the third quarter of 2024 to be better than the second quarter, according to a quarterly business trend survey recently released by the General Statistics Office (GSO).
Vietnamese electronics businesses participate in the supply chain but with unstable order positions which are low and small in the chain, with too few opportunities.
In foreign investors' eyes, Vietnam remains an important investment destination in the medium and long terms amidst the ongoing global supply chain restructuring, according to the Ministry of Planning and Investment (MPI).
VOV.VN - Vietnam expects to attract about US$39-40 billion in foreign direct investment (FDI) capital this year, a figure which is equivalent or higher than the same period in 2023, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Vietnamese manufacturing business sentiment is set to rise in the third quarter on the back of the country’s unexpectedly higher economic growth in the second quarter and an optimistic outlook for the year.
VOV.VN - Foreign businesses injected nearly US$15.19 billion worth of foreign direct investment (FDI) into the Vietnamese economy in the first six months of 2024, representing a year-on-year rise of 13.1%, according to the General Statistics Office.