VOV.VN - While near-term trade is about to take off again, long-term FDI prospects remain a bright spot of Vietnamese economy, according to the Hong Kong and Shanghai Banking Corporation (HSBC).

Ho Chi Minh City’s gross regional domestic product (GRDP) was estimated at over VND406.34 trillion (US$16.34 billion) in the first quarter, a year-on-year increase of 6.54%, the highest growth recorded for Q1 since 2020, heard a meeting of the municipal People’s Committee on April 2.

VOV.VN - Vietnam has been advised to further perfect its institutions and policy formulation in order to attract more foreign businesses from its upcoming fourth investment wave.

VOV.VN - Foreign direct investment (FDI) businesses recorded more than US$12.3 billion in trade surplus, including crude oil sales in the first quarter, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

The 2024 Vietnam Connect Forum is set to run in the northern port city of Hai Phong on April 10, featuring a plenary session and a series of networking activities between Vietnamese localities, businesses and foreign investors.

VOV.VN - The capital of Hanoi is the leading foreign direct investment (FDI) attractor in Vietnam, drawing over US$970.8 million in registered capital in March, a 6.1-fold increase year on year and accounting for 15.7% of the country’s total.

VOV.VN - Foreign investors poured more than US$6.17 billion into the Vietnamese market as of March 20, representing a year-on-year rise of 13.4%, reports the Ministry of Planning and Investment.

The Vietnam Chamber of Commerce and Industry (VCCI) has proposed increasing the support for research and development (R&D) costs to over 50% for foreign direct investment (FDI) businesses, it said in policy feedback requested by the Ministry of Planning and Investment.

Strengthening linkages and cooperation between foreign-invested and domestic enterprises will contribute to promoting the sustainable development of the Vietnamese wood industry, according to insiders.

VOV.VN - While global foreign direct investment (FDI) last year increased by just 3%, FDI inflows into Vietnam witnessed an upturn of 32.1%, thereby affirming the attractiveness of the local investment climate, according to the 2023 FDI annual report released on March 26.