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.

VOV.VN - A total of 22 foreign investment projects were granted new licenses in Hanoi during February, with a combined registered capital of U$12.1 million, according to information released at a recent press conference held by the municipal People's Committee.

The Indonesian Consulate General in Ho Chi Minh City said it will work as a bridge helping Indonesian firms to invest in the southern province of Dong Nai.

The Hoa Lac Hi-Tech Park in Hanoi has attracted 93 investment projects with registered capital of more than VND90.25 trillion (US$3.9 billion) so far, including more than VND7.95 trillion in investment approved last year, the Ministry of Science and Technology has said.

The Vietnam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a Memorandum of Understanding (MoU) on December 20 to bolster collaboration and exchange between enterprises of both nations.

Construction on three component projects of the North-South Expressway are scheduled to begin on September 30.

Problems remain in the implementation of Hanoi’s middle-term public investment plan for the 2016-2020 period, Vice Chairwoman of the municipal People’s Council Phung Thi Hong Ha said.