Hanoi still tops FDI destinations during nine months Business

Hanoi still tops FDI destinations during nine months

Hanoi recorded nearly 2.53 billion USD in foreign direct investment (FDI) registered during the first nine months of 2023, maintaining its top position in FDI attraction in Vietnam, said the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Record number of new firms seen in eight months Business

Record number of new firms seen in eight months

A record number of 103,658 new firms were established in the first eight months of this year, a rise of 2.3% year on year and 1.2 times higher than the average number for the same period during 2018-2022, reported the Ministry of Planning and Investment (MPI).
Vietnam’s FDI inflows top 18 billion USD in 8 months Business

Vietnam’s FDI inflows top 18 billion USD in 8 months

Vietnam lured close to 18.15 billion USD in foreign direct investment (FDI) from the beginning of this year to August 20, up 8.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
National economy bouncing back: experts Videos

National economy bouncing back: experts

Vietnam’s economy has begun to gather steam again since the start of the third quarter of this year, helping consolidate confidence of businesses and investors, experts have said.
Every opportunity needs to be grasped to speed up growth: experts Business

Every opportunity needs to be grasped to speed up growth: experts

To reach this year’s GDP growth target of 6.5%, economic expansion in the second half of 2023 must stand at around 9%, which requires harmonious and close coordination among the Government, ministries, sectors, and localities to maximise resources and seize every opportunity, experts have said.
Further interest rate cut proposed to support SMEs Business

Further interest rate cut proposed to support SMEs

The Ministry of Planning and Investment (MPI) has proposed the government provide further support for Vietnamese small- and medium-sized enterprises (SMEs), including an interest rate reduction of another 2 percentage points per year.
Economy improves but challenges remain: official Business

Economy improves but challenges remain: official

Despite strong efforts and more positive signals recorded, Vietnam’s economic growth stood at only 3.72% in the first half of 2023, putting heavy pressure on the realisation of this year’s GDP growth target of 6.5%, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
Public investment disbursement improves in seven months Business

Public investment disbursement improves in seven months

The disbursed capital sourced from the state budget topped 291 trillion VND (12.3 billion USD) in the first seven months of 2023, equivalent to 41.3% of the yearly target and rising 22.1% from a year earlier, showing an observable improvement in public investment disbursement, said the General Statistics Office (GSO).
 FDI inflows into real estate total over 66 billion USD Business

FDI inflows into real estate total over 66 billion USD

Vietnam has to date attracted 37,500 foreign direct investment (FDI) projects worth nearly 450 billion USD, including 1,100 projects in real estate with a total capital of 66.4 billion USD, heard an international workshop in Hanoi on July 13.