Vietnamplus

Hanoi attracted 1.69 billion USD in foreign direct investment (FDI) last year, still among the localities leading the nation in this field.

Vietnam attracted a total of over 27.7 billion USD in foreign direct investment as of December 20, equal to 89% of the figure of the same period last year, according to the Ministry of Planning and Investment.

Vietnam attracted a total of 27.72 billion USD in foreign direct investment (FDI) as of December 20, equal to 89% of the figure of the same period last year, according to the Ministry of Planning and Investment.

The northern province of Vinh Phuc has attracted more than 425.9 million USD in foreign direct investment (FDI) in 2022, 42% higher than its yearly plan.

The southern province of Binh Duong has so far this year attracted over 3 billion USD in foreign direct investment (FDI), taking the lead in the Southeast region, according to Nguyen Tam Duong, chief of the Office of the provincial People’s Committee.

The disbursement of foreign direct investment (FDI) in Vietnam went up 15.1% between January and November to some 19.6 billion USD, the highest 11-month figure over the past five years.

The southern province of Dong Nai, with its geographical and transport strength, has the advantage to promote selective attraction of foreign direct investment (FDI).

The north–central province of Thanh Hoa attracted 54 projects, including five foreign direct investment (FDI) ones with a total registered capital of over 228 million USD in the first 10 months of 2022.

Industrial parks in the northern province of Hung Yen have attracted 555 million USD in foreign direct investment (FDI) so far this year, surpassing the yearly plan assigned by the provincial authority by 23.3% and up 11% year on year.

The additional 2.7 billion USD poured into Binh Duong in the first 10 months of 2022 has helped the southern industrial hub rank second in Vietnam in terms of foreign direct investment (FDI) attraction.

Hanoi attracted 1.28 billion USD in foreign direct investment (FDI) in the first 10 months of this year, a rise of 27% year on year, reported the city Department of Planning and Investment.

The capital city of Hanoi attracted 1.02 billion USD in foreign direct investment (FDI) in the first nine months of 2022, up 18% year-on-year.

Thanks to the development of a network of industrial parks and clusters as well as efforts to accompany investors, Hanoi has remained one of the bright spots of the country in foreign direct investment (FDI) attraction.

Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

The Economic Zone Authority of northern Hai Phong city (HEZA) pledged the most favourable administrative procedures for foreign investors, while meeting with China’s Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) on September 28.

Processing - manufacturing and real estate are the biggest magnets for foreign direct investment (FDI) in the first nine months of 2022, statistics showed.

A recent strong influx of foreign direct investment (FDI) to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.

The UK – Vietnam Free Trade Agreement (UKVFTA) is said to contribute to promoting the influx of quality foreign direct investment (FDI) into Vietnam.

Many large firms have shown their interest in Vietnam, and the country is looking at its chances to welcome large-scale foreign direct investment (FDI) inflows.

The northern province of Quang Ninh has affirmed the viewpoint of selective investment attraction in industrial development, including prioritising environmentally friendly projects.