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Exports to endure sluggish growth in remaining months

Exports to endure sluggish growth in remaining months

VOV.VN - It is predicted that export activities will not see any major fluctuations occurring during the remaining months of the year, due to the impact of the global economic slowdown, according to the Ministry of Industry and Trade.

Germany firm Festo to set up factory in Vietnam

Germany firm Festo to set up factory in Vietnam

Festo, a German supplier of automation technology and technical education, plans to set up a plant in Vietnam to take advantage of the increasing foreign investment and production in the country.

Dong Nai records fast FDI disbursement

Dong Nai records fast FDI disbursement

The southern province of Dong Nai has seen swift disbursement of foreign direct investment (FDI) which surpassed the province’s plan, said local officials.

Bright prospects for FDI in Vietnamese property market

Bright prospects for FDI in Vietnamese property market

The property market in Vietnam has received increased FDI inflows during the past years. VIR talked with Savills Vietnam managing director Neil MacGregor about his assessments of these FDI flows and expectations for the property market in the year ahead.

Hanoi expects to overfulfil many yearly targets

Hanoi expects to overfulfil many yearly targets

Hanoi expects to overfulfil seven out of 22 targets set for this year, Vice Chairman of the city People’s Committee Nguyen The Hung reported to the municipal People’s Council on December 3.

HCM City strives for 8.5 percent GRDP next year

HCM City strives for 8.5 percent GRDP next year

HCM City has set a target of achieving a growth rate of 8.5 percent in Gross Regional Domestic Product (GRDP) next year, with total private investment accounting for 35 percent of GRDP.

HCM City attracts estimated 8 billion USD of FDI in 2019

HCM City attracts estimated 8 billion USD of FDI in 2019

Total foreign direct investment (FDI) in Ho Chi Minh City in 2019 is estimated to reach 8 billion USD, equivalent to 101 percent of the figure recorded last year, reported the municipal People’s Committee.

Better legal framework needed for SMEs

Better legal framework needed for SMEs

A consistent legal framework related to tax deductions, land allocations and credit programmes is needed to support small- and medium-sized enterprises (SMEs), experts have urged.

Vietnam among fastest growing economies in Asia: Singaporean newspaper

Vietnam among fastest growing economies in Asia: Singaporean newspaper

The Singapore-based Chinese-language newspaper Lianhe Zaobao newspaper (United Morning Paper) ran an article on November 26 on Vietnam’s foreign direct investment (FDI) attraction, affirming that it is one of the most open economies with the fastest economic growing pace in Asia.

Vietnam attracts 31.8 billion USD in FDI in 11 months

Vietnam attracts 31.8 billion USD in FDI in 11 months

Vietnam attracted 31.8 billion USD in foreign direct investment (FDI) in the first 11 months of 2019, up 3 percent year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

FDI poured into Binh Duong up 69 percent

FDI poured into Binh Duong up 69 percent

The southern province of Binh Duong has attracted 9.9 billion in foreign direct investment (FDI) from 2016 to October 2019, exceeding the locality’s set plan for attracting FDI in the 2016-2020 phase, the Vietnam Government Portal (VGP) reported.

Textile and garment sector hits over US$19 bil of FDI over 30-year period

Textile and garment sector hits over US$19 bil of FDI over 30-year period

VOV.VN - The total amount of foreign direct investment (FDI) capital invested into the country’s textile, dyeing, and garment industry has reached more than US$19 billion across 1,383 projects during the three decades, according to the Vietnam Textile and Apparel Association.