Nearly 517,900 businesses were operating in Vietnam in 2017, rising 51.6 percent from the figure recorded in 2012, according to the general economic census announced by the General Statistics Office of Vietnam (GSO) on September 19.
Calling for investment in agriculture to optimise the potential and strengths of the locality is a priority of the Mekong Delta province of Ben Tre, said Cao Van Trong, Chairman of the provincial People’s Committee at a conference promoting investment to the sector on September 18.
The southern province of Long An is taking action to increase the efficiency of FDI attraction as this form of investment plays an important role in the locality’s socio-economic development, said Chairman of the provincial People’s Committee Tran Van Can.
Phu Quoc island in the Mekong Delta province of Kien Giang is pouring more investment in tourism and transport infrastructure to become a driving force for development in the region.
Free trade agreements (FTAs) in which Vietnam has joined are great momentum for the domestic garment-textile industry to attract investment
Foreign direct investment attraction has been an important part of the northern port city of Hai Phong’s development strategy for years.
The international manufacturing sector is moving to Vietnam and more FDI is flowing into the country, showing growing confidence among investors in the market.
A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.
The Mekong Delta province of Kien Giang has approved a list of 81 projects calling for investment until 2020, said Chairman of the provincial People’s Committee Pham Vu Hong.
The Index of Industrial Production (IIP) of Ho Chi Minh City sustained its growth during the last eight months, gaining 0.24 percentage points month on month and predicted to rise 8.1 percent this year – higher than the 7.9 percent in 2017.
Vietnam holds aspirations to become a country with prosperous development, inferior to no other countries’ in the world, Prime Minister Nguyen Xuan Phuc said at the Vietnam Business Summit in Hanoi on September 13.
The northern province of Ninh Binh will focus its investment in projects with high value and welcome investors with new ideas or breakthroughs in technology to promote its vast development potential.
Over the past 30 years, FDI has contributed importantly to Vietnam’s economic growth, expanding investment for development, increasing budget collection and boosting exports and other important fields
Developing the private sector and expanding domestic private financial sources are the key targets for Vietnam in order to meet financial demand for the successful implementation of the Sustainable Development Goals (SDGs) of the United Nations.
Prime Minister Nguyen Xuan Phuc has proposed the World Bank (WB) to continue its non-refundable aid for Vietnam in institutional reform, legal framework improvement and economic restructuring.
FDI enterprises have become an important driving force for Vietnam’s economic development and international integration after 30 years since the country began attracting FDI.
The northern province of Bac Ninh has been considered as a magnet for foreign direct investment (FDI) attraction with the rising pull of investment in recent years.
The Vietnamese Government always treasures and creates favourable conditions for enterprises from the US to land investments and operate long-term and sustainable business in the country, Deputy Prime Minister Trinh Dinh Dung has said.
