Various investment promotion activities have been organised recently by authorities of Hai Phong to popularise the northern city as a dynamic and potential destination for investors.
The northern province of Vinh Phuc raked in close to 1.15 billion USD in investment during the first three quarters of 2021, a slight increase from the same period last year, despite economic uncertainties caused by the COVID-19 pandemic.
The People's Committee of the southern province of Binh Duong presented investment certificates to five foreign direct investment (FDI) projects worth nearly 1 billion USD in total during a recent ceremony.
China was the biggest among the 65 countries and territories investing in new projects in Vietnam during the first seven months of 2019, data of the General Statistics Office show.
Vietnam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyen Xuan Phuc told a regular cabinet meeting in Hanoi on May 4.
The central coastal province of Quang Nam has attracted eight foreign direct investment (FDI) projects worth nearly 15.9 million USD so far this year, lifting total FDI projects in the locality to 176 with a total investment of over 5.8 billion USD.
Leading destinations for the flow of foreign direct investment (FDI) such as Ho Chi Minh City, Dong Nai, Binh Duong and Ba Ria-Vung Tau provinces, have been shifting their focus to investment quality after 30 years attracting foreign capital.
The central province of Phu Yen is determined to improve its business climate and enhance investment promotion to attract capable investors who can help exploit its untapped potential.
The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The Mekong Delta province of Tien Giang expects to have 730 newly-established enterprises in 2018 with total registered capital of 3,196 billion VND (140.8 million USD), year-on-year rises of 9.3 percent and 9.1 percent, respectively.
The southern province of Dong Nai has granted investment licences to 56 foreign direct investment (FDI) projects worth 456.6 million USD, fulfilling 45.6 percent of the yearly target.
The southern province of Dong Nai has licensed 38 foreign direct investment (FDI) projects worth more than 374 million USD in the first three months of 2018.
The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth 31.7 million USD and one domestic project worth 200 billion VND (8.8 million USD).
The Mekong Delta province of Tien Giang has received positive investment signs since the start of this year, said Deputy Director of the provincial Planning and Investment Department Nguyen Dinh Thong.
The central province of Thua Thien-Hue aims to attract about 10-15 foreign direct investment (FDI) projects with total registered capital of nearly 400 million USD in 2018.
Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy still modest, necessitating a change in mindset to lure investment.
The US ranked ninth out of 122 countries and territories investing in Vietnam as of September 2017, with 835 foreign direct investment (FDI) projects worth 9.39 billion USD.
The southern province of Dong Nai has given priority to FDI projects using advanced technologies and fewer workers in recent years, said a provincial official.
The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth 1.83 billion USD in the first seven months of 2016.
Business
