FDI flow into Indonesia drops 5.1 percent in nine months World

FDI flow into Indonesia drops 5.1 percent in nine months

The flow of foreign direct investment (FDI) into Indonesia dropped by 5.1 percent from 317.8 trillion Rp (21.61 billion USD) in the first nine months of 2019 to 301.7 trillion Rp in the same period of 2020, the Indonesian Investment Coordinating Board (BKPM) has reported.
HCM City licences 30,000 new businesses in nine months Business

HCM City licences 30,000 new businesses in nine months

As of the beginning of October, Ho Chi Minh City has licenced nearly 30,000 new businesses with combined registered capital totaling 667 trillion VND (28.64 billion USD), according to the municipal Department of Planning and Investment.
MoU inked for liquefied natural gas-fired power project in Bac Lieu Business

MoU inked for liquefied natural gas-fired power project in Bac Lieu

A memorandum of understanding (MoU) on the building of a 3,200MW liquefied natural gas-fired power plant in the Mekong Delta province of Bac Lieu was signed between representatives of the provincial People’s Committee and Singapore’s Delta Offshore Energy Pte.Ltd (DOE), at a ceremony in the locality on October 12.
Hanoi a bright spot in FDI attraction Business

Hanoi a bright spot in FDI attraction

Hanoi has attracted around 25 billion USD in foreign direct investment (FDI) over the last five years, with priority given to quality and sustainable development, figures show.
 Cambodia suggests pushing back deadline for completion of SDGs World

Cambodia suggests pushing back deadline for completion of SDGs

Cambodian Prime Minister Samdech Techo Hun Sen has suggested that the deadline of 2030 to achieve the goals of sustainable development (SDGs) might need to be reset because the progress of the agenda has been affected by the outbreak of the COVID-19 pandemic.
Investment in manufacturing in Malaysia’s Penang rises World

Investment in manufacturing in Malaysia’s Penang rises

The Malaysian state of Penang recorded a total of 9.12 billion RM (nearly 2.2 billion USD) in approved manufacturing investments in the first half of this year, according to the Malaysian Investment Development Authority (MIDA).
Vietnam Reform and Development Forum 2020 opens Business

Vietnam Reform and Development Forum 2020 opens

Vietnam will focus on solutions to spur growth towards sustainability amidst the impact of COVID-19 during the 2021-2025 period, Minister of Planning and Investment Nguyen Chi Dung said on September 29.
Textile FDI down but poised for strong growth: experts Business

Textile FDI down but poised for strong growth: experts

The first eight months of 2020 have seen few foreign direct investment (FDI) projects in Vietnam's textile industry, a far less lively picture compared to the same period last year, the department of foreign investment under the Ministry of Planning and Investment has reported.