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).
Vietnam’s industrial production and retail sales slid down in October due to stalled demand at home and abroad, according to the Vietnam Macro Monitoring report released by the World Bank in Hanoi on November 16.
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.
Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow to curb their capital shortage as popular capital mobilisation channels for the realty industry have been tightened.
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 northern port city of Hai Phong has become more attractive in the eyes of both domestic and foreign investors thanks to its concerted and modern development of socio-economic fields, transport and urban infrastructure, fair business and investment environment.
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has expressed his confidence that the Malaysian economy will not be badly affected compared with other countries although there is a global economic slowdown.
Ho Chi Minh City attracted 2.97 billion USD in foreign direct investment this year to September 20, a year-on-year increase of over 26%, according to the municipal Department of Planning and Investment.
Real estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19% of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction.
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.
Prime Minister Pham Minh Chinh has ordered stronger efforts to achieve the best possible socio-economic development results in 2022 and create momentum for next year.
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.
Disbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown.
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