VOV.VN - The overall figure for foreign direct investment (FDI) in Vietnam for the year so far reached US$13.9 billion as of May 20, an annual decline of 17%, according to the latest figures released by the General Statistics Office.
The Ministry of Finance is proposing easier minimum capital requirements for casino investors, aiming to boost investment in special administrative-economic zones.
Nineteen projects with total capital of US$1 billion received investment licenses at an investment promotion conference of southern Binh Phuoc province on August 20.
Several major domestic and foreign groups will be committing to projects in the Mekong Delta city of Can Tho after signing memoranda of understanding on investment next month.
The northern province of Vinh Phuc has granted investment licenses to two projects from the Republic of Korea (RoK), raising the total capital from RoK firms to over US$1.36 billion.
Chairman of the southern Ba Ria – Vung Tau provincial People’s Committee Nguyen Van Trinh presented investment licenses to four foreign-invested and four domestic projects during a local ceremony on February 6.
Authorities of the central province of Thua Thien-Hue will spend VND2 trillion (around US$88.6 million) on technical infrastructure in 2017, towards satisfying local socio-economic development requirements.
An estimated US$2.4 billion was invested in the northern coastal province of Quang Ninh in 2016, including US$523.6 million in foreign direct investment (FDI), up 10.2% year-on-year.
Foreign investors from 11 countries and territories have poured US$1.4 billion into 155 projects in the northern province of Ha Nam so far, heard a meeting in the locality on January 15.
Ho Chi Minh City, Vietnam’s largest economic hub, recorded a positive economic growth rate in May and throughout the first five months of 2015, a conference heard on May 28.
(VOV) -Indian Army Chief of Staff General Dalbir Singh is in Vietnam on a four-day working visit, December 17-20, to fortify defence and strategic cooperation with the Southeast Asian nation.
(VOV) -On June 4, the southern province of Binh Duong granted investment licenses to 41 projects totally capitalized at nearly US$155 million, mostly from foreign direct investment (FDI).