HCM City is taking urgent steps to tackling any and all difficulties to create a favourable business environment and encourage investors to stay.

Jinko Solar Technology Ltd of Hong Kong on March 31 was granted a licence for investing in a photovoltaic cell technology project worth US$500 million in the northern coastal province of Quang Ninh.

The processing and manufacturing sector took the lead in attracting foreign investment in the first three months to March 20, absorbing over US$5 billion, or 49.6%, announced the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.

The Vietnamese economy continues to face many difficulties in the following quarters and the target of a 6.5% growth rate this year will be a great challenge as the global economy is still affected by the COVID-19 pandemic, head of the General Statistics Office (GSO) Nguyen Thi Huong has stated.

VOV.VN - As of March 20, Vietnam has attracted US$10.13 billion worth of foreign direct investment capital, an increase of 18.5% compared to the same period of 2020, according to Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam’s wood industry secured 63 new foreign direct investment (FDI) projects worth US$372.68 million in 2020, down 36% and 49% on-year, respectively.

Authorities in Binh Duong province, in collaboration with Becamex IDC - a leading developer of industrial, urban and transportation infrastructure in Vietnam - hold an online conference on March 25 to promote Thai investment in the southern province.

VOV.VN - Vietnam must stay active in inviting multinational corporations and renowned companies to invest locally, especially those from countries with advantages in terms of technology, capital, and management skills, including the United States, the EU, and Japan, according to insiders.

Standard Chartered Bank recently hosted an investment webinar entitled “Vietnam Investment Landscape 2021”, drawing the participation of clients based in Vietnam and overseas who are looking for investment opportunities in Vietnam.

Hanoi has set a target of having 900 businesses operating in supporting industries this year, with 300 eligible to join global production networks of multinational groups in Vietnam.