Vietnam will work to create an open and transparent business environment and offer favourable conditions for US investment projects in the country, said Minister of Industry and Trade Nguyen Hong Dien.
The LG Display Vietnam Hai Phong Co. Ltd., has recently raised its investment by US$1.4 billion, bringing the total investment of the entire project to US$4.65 billion.
Vietnam prioritises foreign investment projects in high technology, innovation, research and development, and projects that create favourable conditions for Vietnamese enterprises to participate in the value chain.
The southern province of Long An led the country in attracting foreign direct investment (FDI) capital in the first half of this year, despite the COVID-19 pandemic.
The Ministry of Finance has continued to cut a number of charges and fees to support and remove difficulties caused by the COVID-19 pandemic for businesses and individuals.
VOV.VN - The manufacturing and processing sector has taken the top spot in drawing foreign direct investment (FDI) since the beginning of this year, with US$6.1 billion, accounting for 43% of the total.
The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in US$6.1 billion, or over 43% of the total.
Adjustments to the master plan for central Da Nang city to 2030 and vision to 2045 approved recently by the Prime Minister are believed to “open the door” for it to map out its vision and orientation for the future.
In the 46 years since national reunification, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which has been targeted to continue being an important driver of the domestic economy.
While adversities due to COVID-19 are making some firms more prudent with outbound investment ventures, but there are firms that do not hesitate in finding ways to tap into the global market potential.