Vietnam attracted US$19.54 billion worth of FDI as of August 20, down 13.7% year-on-year, according to the Ministry of Planning and Investment.
The Ministry of Construction has sent a proposal to the government to permit non-national individuals and organisations to purchase holiday property in Vietnam.
FDI attraction in the first 7 months of 2020 reaches over US$18.8 billion.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has said that as Vietnam’s stature has increasingly improved it is now time for the country to be more selective in its FDI attraction efforts.
Prime Minister Nguyen Xuan Phuc on July 16 held a meeting with outstanding business leaders who are members of the Private Sector Development Research Board (Board IV) of the government’s Advisory Council for Administrative Procedure Reform and Young Presidents’ Organisation (YPO).
Measures to improve FDI attraction, bolster the competitiveness of Vietnamese enterprises, and make the local investment environment more transparent were discussed at a workshop held by State Audit of Vietnam (SAV) in Hanoi on June 9.
VOV.VN - Despite foreign direct investment (FDI) shown signs of a slowdown as a result of the negative impact of the novel coronavirus (COVID-19), experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.
Real estate remained the second biggest magnet for foreign direct investment (FDI) in 2019, following processing – manufacturing, as it attracted 3.88 billion USD of FDI, equivalent to 10.2 percent of the total registered.
The southern province of Binh Duong attracted over 3 billion USD in foreign direct investment (FDI) in the first 11 months of the year, a year-on-year increase of 49 percent, according to the provincial People’s Committee.
Amid rapid global changes, Vietnam is urged to take actions to increase the quality of investment flows. LNT & Partners, ALB Thomson Reuters Vietnam Law Firm of the Year 2019, analyses the important factors for the country to attract sustainable investment.
VOV.VN - Ba Ria-Vung Tau has, over the past few years, paid special attention to attracting investment in seaports, logistic services, tourism, and high-tech agriculture - the main drivers of the local economy.
With a political bureau’s resolution on improving legal framework for FDI attraction until 2030 adopted recently, many insiders pin high hope on FDI attraction prospect of Vietnam.
As much as 3.63 billion USD of foreign direct investment (FDI) capital was poured into Ho Chi Minh City in the first seven months of this year, an annual rise of 15.2 percent, according to the municipal People’s Committee.
Vietnam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vietnam can take advantage of the shifting FDI flow out of China remains to be seen.
Consistent with its sustainable development journey, the central city of Danang is committed to promoting and attracting investment on a selective basis while constantly improving its efficiency, avoiding the wooing of funding at all costs.
Earlier this month, the Hai Duong People’s Committee granted in-principle approval for seven new projects valued at more than 267 billion VND (11.6 million USD) in total.
VOV.VN - Hanoi granted investment permits to 68 foreign direct investment projects during July with a total registered capital of US$16 million, as reported by the municipal Department of Planning and Investment.
Removing bottlenecks of businesses will be prioritised in the northern province of Bac Giang to lure more foreign direct investments (FDI) in the coming time.
Foreign direct investment (FDI) in the southern province of Dong Nai topped 1.14 billion USD in seven months of this year, or 114 percent of the 2019 target.
In the first six month of this year, the southern Dong Nai province attracted 1.02 billion USD of foreign direct investment, or 102 percent of the target set for the whole year and 8.03 percent higher than the figure of the same period last year.