FDI pledged for newly-registered projects, capital increase and stake acquisitions in Vietnam rose 51.9 percent year-on-year to 1.9 billion USD in January.
Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.
Deputy Prime Minister Vuong Dinh Hue visited the northern city of Hai Phong and Bac Ninh province on January 25 to explore the foreign investment situation as well as acquire the localities’ related proposals.
The southern province of Dong Nai granted investment licenses to seven new direct investment (FDI) projects and approved capital addition to four existing others, with total capital of 52.4 million USD in January 2019.
The Vietnam International Trade Fair (Vietnam Expo 2019) is to take place in Hanoi from April 10-13, drawing a large number of exhibitors from 20 countries and territories.
Foreign direct investment (FDI) in Vietnam witnessed a significant yearly increase of 52 percent to 1.9 billion USD in the first month of this year, according to the Ministry of Planning and Investment.
