The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.
After cooling down in August 2024 and bottoming out at the end of September, the USD/VND exchange rate has shown signs of increasing again since the beginning of October.
With the development of the high-speed North-South railway project, the focus has turned to training a local workforce to minimise dependence on foreign expertise in express rail operations.
Provinces, ministries and government agencies had allocated VND664.9 trillion (US$26.7 billion) for public investment as of the end of September, showed data from the Ministry of Finance (MoF).
VOV.VN - Vietnam’s economy expanded by about 7.4% in the third quarter and 6.82% during the first nine months of the year, showing it is on track to meet and even surpass this year’s 6.5-7% growth target.
VOV.VN - Da Nang City, the tourism hub in central Vietnam, welcomed 8.7 million arrivals over the past nine months, marking growth of 33.3% year on year, according to the city's Statistics Office.
VOV.VN - Newly elected President Anura Kumara Dissanayake expressed Sri Lanka’s desire to learn from Vietnam’s development experience, especially in the field of economy, during a recent reception for Vietnamese Ambassador to Sri Lanka Trinh Thi Tam.
There were 1.27 million international visitors to Vietnam in September, according to the latest report from the General Statistics Office.
Foreign investors have been disbursing funds and accelerating investments in factories to establish long-term operations in Vietnam, reflected through the recent inauguration and groundbreaking of several projects across Vietnam.
This year’s total registered foreign investment, including new capital, adjustments, and capital contributions via share purchases, exceeded US$24.78 billion as of September 30, up 11.6% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.