Hanoi and Ho Chi Minh City - the country's economic locomotives - recorded the highest disbursement of public investment capital in January, with nearly 2.7 trillion VND (117 million USD) and more than 1.63 trillion VND, respectively, reported the General Statistics Office.
Many stocks unexpectedly received a large amount of capital inflows from foreign investors, especially some banking stocks, even though the market went down in October.
The Ministry of Transport (MoT) has just sent a document to the Ministry of Planning and Investment (MPI) on the allocation of over 7 trillion VND (287.3 million USD) worth of medium-term foreign capital in the 2021-2025 period for the Hanoi - Hai Phong expressway project.
More than 44.6 trillion VND (1.95 billion USD) of public investment was disbursed in the first two months of 2022, equivalent to 8.61 percent of this year’s target and higher than the rate of 5.09 percent in the same period last year.
The Ministry of Finance has coordinated with relevant agencies to complete a report on the development the National Credit Rating Improvement Project for the 2021-2030 period to submit to the Prime Minister for approval.
Domestic corporations are urged to invest more in Vietnamese startups which has mostly drawn attention from foreign venture capital investors, heard at a talk on investment prospects in the innovative startup market in Ho Chi Minh City.
The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office (GSO).
The public investment disbursed in 2021 has reached 77.3 percent of the target set by the Prime Minister, lower than the rate of 82.66 percent recorded last year, according to the Ministry of Finance (MoF).
Foreign direct investment (FDI) registered in Vietnam reached 26.46 billion USD as of November 20, up 0.1 percent year on year, according to the Ministry of Planning and Investment.
Foreign direct investment (FDI) registered in Vietnam reached 26.46 billion USD as of November 20, up 0.1 percent year on year, according to the Ministry of Planning and Investment.
So far this year, industrial parks (IPs) in the southern province of Dong Nai hav attracted close to 80 foreign direct investment (FDI) projects totally worth some 715 million USD, exceeding its target of 700 million USD for the entire year.
The disbursement of official development assistance (ODA) at the Ministry of Agriculture and Rural Development (MARD) this year was estimated at 718.3 billion VND (31.33 million USD) as of May 31, or 25.2 percent of the target.
Vietnam’s wood industry secured 63 new foreign direct investment (FDI) projects worth 372.68 million USD in 2020, down 36 percent and 49 percent on-year, respectively.
It is undeniable that adopting environment, society and governance (ESG) principles is helping local companies improve business management and attract more foreign capital.
Domestic and foreign capital flow is expected to bolster real estate shares after the COVID-19 pandemic as many investors are paying attention to the industry.
With a surge in capital contribution and share purchase, foreign capital investment in education in Vietnam rose by nearly 58 percent to 78.89 million USD in the first nine months of this year despite the COVID-19 pandemic, reported the Ministry of Planning and Investment’s Foreign Investment Agency.