Tags: fdi

Foreign direct investment into Vietnam surges in July

Foreign direct investment into Vietnam surges in July

Vietnam attracted US$3.15 billion in foreign direct investment (FDI) and capital for share purchases in July, representing a rise of 79.8% against the same period last year and 76.2% against June, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Oxford Economics forecast Vietnam’s GDP to grow 2.3% in 2020

Oxford Economics forecast Vietnam’s GDP to grow 2.3% in 2020

Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3% this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.

What VN needs to do to attract quality FDI after COVID-19

What VN needs to do to attract quality FDI after COVID-19

Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam should do to make itself more attractive to foreign investors post-COVID-19, according to investment fund VinaCapital.

Tax policies must support firms to boost revenue: official

Tax policies must support firms to boost revenue: official

The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister of Finance Tran Xuan Ha has said.

EVFTA enhances price competitiveness for Vietnamese goods

EVFTA enhances price competitiveness for Vietnamese goods

VOV.VN - With strong commitments aimed at opening up new markets, the European Union-Vietnam Free Trade Agreement (EVFTA) is expected to increase the price competitiveness faced by many Vietnamese goods when attempting to make inroads into the demanding EU market.

German paper lauds Vietnam’s economic prospects

German paper lauds Vietnam’s economic prospects

In an article posted on securities newswire boerse-online.de on July 7, author Sven Heckle praised Vietnam’s achievements in the fight against COVID-19 and its economic prospects.

Macroeconomic stability key to stronger growth, says PM

Macroeconomic stability key to stronger growth, says PM

VOV.VN - Prime Minister Nguyen Xuan Phuc has requested that the nation’s various ministries, agencies, and localities make greater efforts to maintain macroeconomic stability in the post novel coronavirus (COVID-19) period, paving the way for greater socio-economic development.

Database system of processing and manufacturing industries launched

Database system of processing and manufacturing industries launched

VOV.VN - The Ministry of Industry and Trade (MoIT), in conjunction with the International Finance Corporation (IFC) of the World Bank Group, with funding from the Australian Department of Foreign Affairs and Trade, and the Swiss State Secretariat for Economic Affairs, debuted a database system on June 19 that features the nation’s manufacturing and supporting industries.