Vietnam is likely to remain foreign investors’ favoured destination despite the COVID-19 resurgence ravaging across the country, The Australia Financial Review (ARF) said in a story published earlier this week.
Despite a new outbreak of COVID-19 in Vietnam, the industrial property segment saw positive signs with new industrial zones established and key industrial projects beginning operations, according to a report by Savills Vietnam.
Vietnam attracted 16.7 billion USD in foreign direct investment (FDI) in the first seven months of this year, down 11.1 percent from the same period last year, data from the Ministry of Planning and Investment shows.
Vietnam raked in 16.7 billion USD in foreign direct investment (FDI) in the first seven months of 2021, down 11.1 percent from the same period last year, data from the Ministry of Planning and Investment (MPI) shows.
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.
Industrial parks (IPs) and economic zones in the northern province of Quang Ninh have so far attracted over 22.4 trillion VND (Over 970 million USD) in the first six months of 2021.
The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
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.
The northern province of Bac Giang is applying measures to implement its investment promotion programme for 2021 with an aim to attract about 1.3 billion USD worth of investment in 2021, said Chairman of the provincial People’s Committee Le Anh Duong.
Without a more effective business support package, the country’s goal of 6.5 percent in gross domestic product (GDP) growth for this year will be hard to be achieved as the GDP growth in the first six months of 2021 is forecast to reach only 5.8 percent, according to experts.
A webinar on the role of the private economic sector and experience in foreign investment management of Vietnam in Doi moi (renewal) process took place in Venezuela on June 9.
Disbursed foreign direct investment (FDI) in Vietnam this year hit 7.15 billion USD as of May 20, an increase of 6.7 percent compared to the same period last year.
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.
As much as 5.46 billion USD worth of foreign direct investment (FDI) was injected into Vietnam as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, according to the Ministry of Planning and Investment
The central city of Da Nang on February 23 granted investment licences to six investment projects in local Hi-Tech Park and industrial parks, including three foreign-invested projects.
The US independent management consultancy Asia Perspective has published a report on the Vietnamese economy, which highlighted that in the fourth quarter of 2020, Vietnam posted rapid growth thanks to the recovery of manufacturing.
Administrative reform outcomes in the central city of Da Nang have helped the city secure foreign investors’ confidence, contributing to attracting more FDI in the locality.
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