International integration has been developing remarkably, in Vietnam and Singapore in particular. As two countries in the ASEAN, the international relationship among them has become closer so as to assist each other for mutual development.
Vietnam recorded a year-on-year decrease of 15.1 % in foreign direct investment (FDI) inflows to US$15.67 billion as of June 20, according to the Ministry of Planning and Investment (MPI).
VOV.VN - With initial success in containing the novel coronavirus (COVID-19) and an advantage as a safe investment destination, Vietnam is attracting a shift of foreign direct investment (FDI) inflows.
This month ground was broken for Viet Phat Industrial Park, one of the largest in the country, in Long An province.
Vietnam’s economic growth is forecast to shrink to 3.3% this year due to the impact of a raft of external challenges, according to the latest economic outlook released by Standard Chartered Bank on April 23.
There is cause for optimism among business leaders in Vietnam and beyond in terms of foreign direct investment flows in 2020, with geopolitical and health factors leading to companies to formulate a plan B for operations.
Vietnam’s macroeconomy in 2020 is forecast to face somewhat more challenges of growth and inflation than in 2019. However, basically, the overall picture will not have many hues different from last year.
VOV.VN - Additional foreign investment inflows in real estate went up during 2019 while credit in the sector bucked a downward trend, signalling its reduced heavy reliance on bank loans.
VOV.VN - Foreign direct investment (FDI) in education sector from August 2018 when the Government’s Decree No.86/2018/ND-CP took effect to October 2019 totaled US$97 million.
With its series of recent free trade agreements, Vietnam is becoming very attractive to foreign businesses, especially in the textile and garment sector.
VOV.VN - Equity purchases overwhelmed the influx of foreign direct investment into Ho Chi Minh City during the first half of 2019 whilst the southern metropolis saw a moderate number of new FDI firms established during the reviewed period.
Together with traditional interests in real estate, manufacturing, infrastructure, and healthcare, Singaporean investors are now venturing into other emerging sectors such as startups, smart cities, Industry 4.0, and consumer and lifestyle in order to tap into the massive local growth prospects ahead.
The central city of Da Nang drew more than 542 million USD worth of foreign investment between January and June.
Vietnam has become more attractive to foreign investors than ever before as various freshly-inked new-generation free trade deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), are expected to facilitate trade and benefit foreign enterprises.
VOV.VN - Vietnam, one of the region’s fastest-growing economies backed by robust export and foreign investment inflows, is forecast to enjoy an annual average export growth ranging from 5 to 8 per cent between 2019 and 2023.
Foreign investors registered to pour 1.73 billion USD into Vietnam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to 18.47 billion USD, down 9.2 percent year on year.
Hanoi’s economy continue to grow in the first five months of this year, reported Director of the municipal Department of Planning and Investment Nguyen Manh Quyen at a recent conference held by the municipal People’s Committee.
VOV.VN - Concerns on external disputes like the ongoing US - China trade tensions should be tempered as they could present Vietnam with good opportunities, analysts have suggested.
Vietnam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.
Vietnam’s real estate market became the second most attractive investment field for foreign investors after it lured 1.1 billion USD in foreign direct investment (FDI) during January-April, or 7.5 percent of the total FDI inflow just behind the manufacturing and processing sector.