Vietnamplus

The southern province of Dong Nai has licensed 38 foreign direct investment (FDI) projects worth more than 374 million USD in the first three months of 2018.

Ho Chi Minh City reeled in 1.28 billion USD in foreign direct investment (FDI) in the January-March period, 3.8 times higher than that the same period of 2017, via newly-licensed and added investments and share purchase.

The northern province of Hai Duong attracted more than 185 million USD in foreign direct investment (FDI) in the first two months of this year, up 39.8 percent year on year.

Vietnam granted investment licences to 411 new projects of foreign investors as of February 20, with a total registered capital of 1.39 billion USD which is equivalent to 68.6 percent of the figure for the same period last year.

About 130.29 million USD of foreign direct investment (FDI) has been poured into new and existing projects in the northern province of Bac Ninh since the beginning of 2018.

Foreign investors registered to invest nearly 1.25 billion USD in Vietnam in January, which will include funding for new projects, in addition to existing projects and buying stakes in projects, which will equal 75.9 percent, compared to the same period last year.

The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth 31.7 million USD and one domestic project worth 200 billion VND (8.8 million USD).

The Mekong Delta province of Tien Giang has received positive investment signs since the start of this year, said Deputy Director of the provincial Planning and Investment Department Nguyen Dinh Thong.

The central province of Thua Thien-Hue aims to attract about 10-15 foreign direct investment (FDI) projects with total registered capital of nearly 400 million USD in 2018.

The authorities of Phu Yen province are calling for more foreign investors to come to seek investment opportunities in tourism and high-tech agriculture at a pre-Tet meeting with foreign businesses, experts and volunteers in on February 1.

The southern province of Dong Nai has licenced seven foreign direct investment (FDI) projects in January with total capital of 62.1 million USD, up 50 percent from the same period last year.

Southern Dong Nai province wants high-tech, environmentally-friendly and energy-efficient projects in agriculture and manufacturing in 2018.

As of December 20, foreign investors registered 35.88 billion USD of capital for new and existing projects and share purchase, rising by 44.4 percent year on year.

Vietnam has remained an attractive destination for foreign investors in 2017 with total FDI capital registered in the country hitting a record high of 35.88 billion USD, up 44.4 percent against last year.

Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy still modest, necessitating a change in mindset to lure investment.

About 28.24 billion USD in foreign direct investment (FDI) was poured into Vietnam between January and October, up 37.4 percent year on year, said the Foreign Investment Agency under the Ministry of Planning and Investment.

The central province of Quang Ngai should specify its strong sectors and products so as to devise an appropriate investment attraction strategy, Deputy Prime Minister Trinh Dinh Dung said at the province’s investment promotion conference on October 20.

The US ranked ninth out of 122 countries and territories investing in Vietnam as of September 2017, with 835 foreign direct investment (FDI) projects worth 9.39 billion USD. ​

In the first eight months of the year Vietnam attracted foreign investment worth more than 23.36 billion USD, a year-on-year increase of 45.1 percent.

More than 3.23 billion USD of foreign direct investment (FDI) was poured into Ho Chi Minh City in the first eight months of 2017, up 1.57 times from the same period last year.