Vietnamplus

The Mekong Delta province of Kien Giang has so far attracted 49 foreign direct investment (FDI) projects with a combined registered capital of over 2.75 billion USD.

Vietnam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyen Xuan Phuc told a regular cabinet meeting in Hanoi on May 4. ​

The central city of Da Nang will continue to prioritise investment projects with advanced technologies and high added value in the future, said Huynh Lien Phuong, Director of the municipal Investment Promotion and Support Board.

The northern province of Vinh Phuc has exerted various efforts towards international integration, attracting many foreign investors with high technology and helping to boost its socio-economic development.

The People’s Committee of the southern province of Dong Nai has announced a list of 12 infrastructure projects calling for investment worth more than 1.2 billion USD in total.

The central coastal province of Quang Nam has attracted eight foreign direct investment (FDI) projects worth nearly 15.9 million USD so far this year, lifting total FDI projects in the locality to 176 with a total investment of over 5.8 billion USD.

Hanoi has been the country’s top attractor of foreign direct investment (FDI) this year, luring more than than 4.05 billion USD in FDI projects as of March 20, 10 times higher than the same period last year.

The southern province of Ba Ria-Vung Tau has licensed nearly 569 million USD registered for 11 new projects and 12 existing projects of both domestic and foreign investors since the beginning of 2019.

Industrial parks and economic zones in the central province of Quang Binh have attracted nearly 50 trillion VND (2.15 billion USD) to 122 projects in the first three months of this year, the chinhphu.vn reported.

The southern province of Dong Nai has attracted more than 373 million USD in 38 foreign direct investment (FDI) projects so far this year, accounting for 37 percent of the yearly plan.

The Republic of Korea (RoK) is leading other foreign investors in the southern coastal province of Ba Ria-Vung Tau as of mid-March with 21 out of 35 FDI projects licensed in the locality in 2018.

Singapore-invested New Wing Interconnect Technology Co in the northern province of Bac Giang has raised the investment capital of its project by 110 million USD.

The Republic of Korea (RoK) was the biggest investor in Ho Chi Minh City in the first two months of 2019, engulfing 43.2 percent of the city’s total foreign direct investment (FDI) for the period.

Authorities of the southern province of Dong Nai have held a meeting with foreign invested businesses to help address difficulties facing their operations.

As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

As a popular investment channel for foreign investors in recent times, mergers and acquisitions (M&A) secured Ho Chi Minh City 6 billion USD in foreign direct investment (FDI) projects in 2018.

In 2019, the central city of Da Nang will prioritise drawing foreign direct investment (FDI) in the fields of information technology, supporting industry, and high-quality services, especially in trade, tourism, logistics, healthcare, education, and high-tech agriculture. ​

The southern province of Ba Ria-Vung Tau on February 14 handed over nine investment licences worth over 9.9 trillion VND (425.7 million USD) and nearly 163 million USD to investors.

Five or six more industrial parks are expected to be built in the northern port city of Hai Phong in the time ahead, according to head of the Hai Phong Economic Zone Authority (HEZA) Pham Van Moi.

Foreign direct investment (FDI) enterprises have played an increasingly important role in boosting socio-economic development in the northern province of Vinh Phuc, especially in generating jobs for workers.