The northern province of Hai Duong has set a target to attract 400 million USD in foreign direct investment (FDI) in 2023, according to Vice Director of the provincial Department of Planning and Investment Nguyen Duy Hung.
Vietnam’s real estate sector last year attracted an additional 1.85 billion USD in foreign direct investment (FDI), retaining its second place among industries drawing FDI with combined investment of 4.45 billion USD, accounting for 16.1% of the total FDI poured into the country, according to the Ministry of Construction.
Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.
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.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, Vietnam is likely to attract 36-38 billion USD in foreign direct investment this year. The figure was over 22.7 billion USD in 2022.
Lianhe Zaobao newspaper in Hong Kong (China) has run an article analysing Vietnam’s advantages that make the country the third pillar of the "golden triangle of startups" in Southeast Asia, together with Indonesia and Singapore.
Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).
According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), Vietnam is likely to attract 36-38 billion USD in foreign direct investment (FDI) in 2023. The figure was nearly 22.4 billion USD in 2022.
High economic growth rate and fast-moving digital transformation in Vietnam and India have generated huge opportunities for the two countries to take greater strides in economic cooperation, Indian Ambassador to Vietnam Sandeep Arya has said.
Vietnam’s Finance Ministry will continue to create favourable conditions for foreign direct investment (FDI) companies to operate effectively and sustainably in the country, Finance Minister Ho Duc Phoc said on January 10 when meeting Samsung Electronics President and Chief Financial Officer Park Hark-kyu.
The northern province of Vinh Phuc commits to accompanying and creating favourable conditions in accordance with Vietnamese law for Japanese businesses, investors and partners to implement cooperation and investment activities in the locality.
Foreign direct investment inflow from China to Vietnam is expected to rise as China is to reopen its doors and resume flights between the two countries, according to Agribank Securities Company (known as Agriseco).
Foreign direct investment (FDI) inflow from China to Vietnam is expected to rise as China is to reopen its doors and resume flights between the two countries, according to Agribank Securities Company (Agriseco).
To attract more foreign direct investment (FDI), Vietnam needs to pay attention to training high-quality human resources, accelerating administrate reform and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).
The People's Committee of Binh Duong province on January 4 held a ceremony to launch Korean, Chinese and Japanese-language versions of the Binh Duong Portal.
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.
GDP growth faster than expected, border reopening, and fuel shortages in many localities are among the top 10 events that shaped Vietnam in 2022, as selected by Vietnam News Agency.
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.