The Foreign Direct Investment (FDI) Enterprises Club has been introduced in Hue city to boost connection, cooperation and investment among FDI-operated businesses in the central province of Thua Thien-Hue and to help attract new investors in the future.
Vietnamese electronics businesses participate in the supply chain but with unstable order positions which are low and small in the chain, with too few opportunities.
Many enterprises are concerned about adverse impacts of the sharp appreciation of the US dollar on their business and production if the greenback continues to see fluctuation in the future, especially at the middle and end of the year.
The People’s Committee of the southern province of Dong Nai on March 28 held a meeting with foreign-invested (FDI) enterprises in the locality with the aim of removing obstacles for their operations.
Despite formidable challenges for the real estate market in 2023, industrial property market has stood out as a bright spot that has maintained its growth momentum on the back of the foreign direct investment (FDI) flow, according to insiders.
The corporate sector, including both FDI and domestic enterprises, has invested about 9 billion USD in fields related to green growth and green development, an official said at a workshop named “FDI Enterprises in Vietnam’s Green Growth” held on April 27.
While many plastic enterprises reported positive results in both revenue and profits in the fourth quarter of last year, there are still enterprises reporting a decline in profits, even suffering losses.
FDI enterprises in Vietnam are joining hands with local counterparts to deliver much-needed reliefs to frontline medical workers and people hurt by the COVID-19 pandemic.
Up to 94 percent of the FDI enterprises in the manufacturing industry tend to step up the application of cutting-edge technologies and automation, thus requiring employees to equip themselves with new skills.
The northern province of Vinh Phuc recorded a decade-high economic growth rate in the first six months of this year, despite difficulties caused by the impacts of the COVID-19 pandemic, according to the provincial Statistics Office.
An employment promotion centre has been launched in Ho Chi Minh City offering job opportunities at foreign direct investment (FDI) businesses for students in central Vietnam after they graduate.
The Mekong Delta province of Tien Giang earned 1.6 billion USD in export value in the first six months of 2021, up 20.3 percent year on year, according to the provincial Department of Trade and Industry.
The industrial production in the Mekong Delta province of Tien Giang grew by 1.13 percent to over 32.86 trillion VND (1.42 billion USD) in the first half of 2021, according to deputy head of the provincial Industrial Zones Authority Nguyen Thanh Liem.
Vietnam’s leather and footwear export saw rosy signs in the first quarter of this year compared with the same period last year, with footwear export turnover reaching 4.74 billion USD, up 13.5 percent.
Politburo member and Secretary of Hanoi’s Party Committee Vuong Dinh Hue asked foreign hi-tech groups to consider investing in the city’s existing industrial zones, including the Hoa Lac Hi-Tech Park, while receiving representatives from FDI enterprises operating in the high technology industry on January 19.
The number of foreign direct investment (FDI) enterprises continues to increase in Vietnam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.
Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.
A lack of raw materials and falling consumption demand in foreign markets are challenging enterprises in Ho Chi Minh City. Many of them are hoping for specific policies to help them overcome these difficulties and resume economic activities.
