Minister of Planning and Investment Nguyen Chi Dung has asked localities to bring their advantages into full play to welcome a wave of shifting FDI over the next six months.
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.
Nearly 3,000 foreign experts, business managers and high-skilled workers have been granted special entry permission to work in HCMC since travel restrictions were applied.
The trade and economic relations between Vietnam and Malaysia will see positive changes after the Regional Comprehensive Economic Partnership (RCEP) agreement is signed, said Professor Hoo Ke Ping, a Malaysian economic and political analyst.
Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.
Foreign direct investment (FDI) into electronics should aim to promote local companies and enable them to engage in the global value chain, industry insiders have said.
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.
VOV.VN - As the most dynamic part of the Vietnamese economy, questions linger over how prepared Ho Chi Minh City is to lure foreign direct investment (FDI) flows after being hit by the effects of the novel coronavirus (COVID-19) epidemic over a long period of time.
VOV.VN - The opening of goods, services, and investment markets will allow a wealth of opportunities to be created for foreign investors to gain greater access to the Vietnamese market, while local firms will face greater competition in their home market, according to business insiders.
Vietnam is considered a good land for high-quality foreign direct investment (FDI) influx in post-pandemic period, according to a foreign expert.
Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of US$4.3 billion in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.
VOV.VN - The opening five months of the year has seen Ho Chi Minh City attract a combined total of US$1.6 billion in foreign direct investment (FDI), 57.67% of the figure in comparison with the same period from last year, according a conference held on June 4 to discuss the southern city’s socio-economic development.
Vietnam exported goods with an estimated value of US$99.36 billion in the first five months of 2020, a year-on-year decline of 1.7%. Export turnover of domestic businesses maintained double-digit growth, however, of 10.4%, reaching US$33.3 billion.
VOV.VN - The opening five months of the year have seen the Index of Industrial Production (IIP) grow annually by approximately 1%, the slowest pace recorded in many years due to the negative impacted caused by the novel coronavirus (COVID-19), according to the General Statistics Office (GSO).
Hanoi attracted US$1.56 billion in FDI in the first five months of this year, it was reported at a video meeting of the municipal People’s Committee on May 29.
Hanoi hopes to attract a total investment of US$38.3 million in the first half of 2020, equivalent to 64% of the figure in the same period last year.
Vietnam has some great advantages while competing with regional countries in attracting capital flows after the COVID-19 pandemic, experts have said.
VOV.VN - Vietnam is fast emerging as one of the leading destinations for foreign investment, with global giants such as Apple, Foxconn, and Panasonic all making moves to shift their production lines following the easing of the threat of the novel coronavirus (COVID-19), despite this, the nation still faces major hurdles ahead.
Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.
Many investors have considered Vietnam as a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a meeting of permanent government members chaired by Prime Minister Nguyen Xuan Phuc in Hanoi on May 22.