VOV.VN - Along with political determination, there is plenty of work still left to be done to make Vietnam a truly reliable destination for foreign investors, with an array of opportunities ready to welcome a new wave of foreign direct investment.
Vietnam attracted US$12.33 billion in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5% due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
The management board of industrial parks in the northern province of Bac Ninh has so far this year granted licences to 17 new foreign direct investment (FDI) projects totally worth 53.7 million USD.
Vietnam raked in 5.3 billion USD in foreign direct investment (FDI) in the first 20 days of 2020, a year-on-year surge of 179.5 percent, according to the Ministry of Investment and Planning.
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.
Hanoi continued to top the list of foreign direct investment destinations in Vietnam in the first 10 months of this year, raking in about 6.85 billion USD, most of which came in form of capital contributions and share purchase.
Vietnam attracted 26.16 billion USD in foreign direct investment in the first nine months of this year, up 3.1% compared to the same period last year.
The northern province of Vinh Phuc has reaped impressive achievements in attracting foreign direct investment (FDI) over the past three decades, thanks to favourable geographical location and determination to improve business environment.
Although Vietnam has reported high growth in wood and wooden product exports in recent years, only 5% of the exported products were designed locally, stated Nguyen Quoc Khanh, chairman of HCMC Handicraft and Wood Industry Association.
VOV.VN - Many Canadian firms have praised the central city of Danang for its improved competitive edges and incentives that it offers to investors, while expressing their interest in making investment in across many fields, including construction, hi-tech agriculture, and education.
VOV.VN - 2019 is set to see Hanoi achieve a number of major goals of improving the business environment, encouraging renovations and start-ups, and developing businesses in terms of quantity and quality towards being the top 10 in the provincial competitiveness index (PCI).
Investment on the Bekaert Vietnam-Dung Quat steel wire and wire rope factory in the central province of Quang Ngai has recently been approved, according to the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority.
More than US$1.76 billion in foreign direct investment (FDI) landed in the southern province of Dong Nai during January-November, surpassing the yearly target of 76%.
The capital city of Hanoi has met and surpassed all 20 socio-economic development targets, said Secretary of the municipal Party Committee Hoang Trung Hai during a local meeting on November 28.
Developing eco-industrial parks would help Vietnam attract foreign direct investment and promote sustainable growth.
Vietnam has seen positive signs in attracting foreign direct investment (FDI) in the remaining months of 2018 as a number of international investors are seeking to expand their businesses in the southern key economic zone.
Experts from PricewaterhouseCoopers (PwC) have suggested ways for ASEAN to get over the era of passive growth, lure more foreign direct investment, and develop human resources on the sidelines of the ongoing World Economic Forum on ASEAN (WEF ASEAN) 2018 in Hanoi.
Vietnam’s total import-export value in the first eight months of this year reached more than US$308 billion, a year-on-year rise of 13%, according to the General Department of Vietnam Customs.
Foreign direct investment (FDI) registered in Vietnam in the first eight months of this year witnessed a year-on-year increase of 4.2% to US$24.35 billion.
Vietnam enjoyed a trade surplus of US$3.37 billion in the first two quarters of 2018, the highest level over the last five years.