The southern province of Binh Duong as of the end of 2022 had attracted more than 4,082 foreign direct investment (FDI) projects worth nearly 40 billion USD of registered funds, ranking it among the top two provinces in the country in FDI attraction, just after Ho Chi Minh City.
The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
Domestic private enterprises in the southern province of Dong Nai earned nearly 5.8 billion USD from export activities in 2022, a record so far, according to the provincial Department of Industry and Trade.
Vietnam has become a reliable friend and partner as well as a responsible member of the international community over the years. Its immense fortune has created a solid foundation to achieve its goal of rapid and sustainable development in the future.
The Mekong Delta city of Can Tho recorded 12.64% growth in gross regional domestic product (GRDP) this year, its highest ever, announced the municipal Statistics Office on December 28.
Vietnam’s strong economic performance in 2022 has been driven by several factors, including export, domestic demand and private investment, according to Andrea Coppola, the World Bank (WB)’s lead economist.
The Hamburg Chamber of Commerce and Industry (IHK) and the German Asia-Pacific Business Association (OAV) held a workshop on investment in Vietnam on December 5, attracting about 50 major enterprises from the German city and nearby areas.
The disbursement of foreign direct investment (FDI) in Vietnam went up 15.1% between January and November to some 19.6 billion USD, the highest 11-month figure over the past five years.
Secretary of the Party Committee of the northern port city of Hai Phong Tran Luu Quang met with a visiting high-ranking delegation of the Mexican Labour Party (PT) led by General Secretary Alberto Anaya Guitiérrez on December 1.
Danish toymaker LEGO has officially begun the construction of its 1 billion USD project in the southern province of Binh Duong as green investment starts to take shape in Vietnam.
Ensuring a fair, transparent and efficient international trading system is crucial in a global “playground”, stated President Nguyen Xuan Phuc while highlighting major requirements/characteristics of trade and investment activities in the new period.
The southern province of Binh Duong is leveraging its industrial parks to lure foreign direct investment (FDI) and develop trades and services, building a diverse economic ecosystem that facilitates the formation of a green and smart economy.
A report on the Regional Comprehensive Economic Partnership (RCEP)’s impacts on the shaping of supply chains in Vietnam was released by the National Centre for Socio-Economic Information and Forecast (NCIF) and Konrad-Adenauer-Stiftung Vietnam on November 10.
The additional 2.7 billion USD poured into Binh Duong in the first 10 months of 2022 has helped the southern industrial hub rank second in Vietnam in terms of foreign direct investment (FDI) attraction.
Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.
The Economic Zone Authority of northern Hai Phong city (HEZA) pledged the most favourable administrative procedures for foreign investors, while meeting with China’s Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) on September 28.